Hines, officially known as Hines Interests Limited Partnership, is a prominent global real estate investment, development, and management firm headquartered in the United States. Established in 1957, Hines has expanded its operations across major regions, including North America, Europe, and Asia, solidifying its presence in the competitive real estate industry. Specialising in a diverse portfolio that encompasses office, residential, retail, and mixed-use properties, Hines is recognised for its commitment to sustainability and innovative design. The firm has achieved notable milestones, including the development of iconic buildings and a strong reputation for delivering high-quality projects. With a focus on creating value through strategic investments and a client-centric approach, Hines continues to maintain a leading position in the global real estate market.
How does Hines's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Hines's score of 44 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Hines reported total carbon emissions of approximately 1,982,357,000 kg CO2e, comprising 11,026,000 kg CO2e from Scope 1, 27,742,000 kg CO2e from Scope 2 (market-based), and 4,090,478,000 kg CO2e from Scope 3 emissions. This represents a slight increase from 2023, where total emissions were about 1,871,204,000 kg CO2e, with Scope 1 emissions at 9,143,000 kg CO2e, Scope 2 emissions at 25,876,000 kg CO2e (market-based), and Scope 3 emissions at 3,862,608,000 kg CO2e. Hines has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2021 baseline. Additionally, they plan to reduce absolute Scope 3 GHG emissions from the use of sold products and downstream leased assets by the same percentage within the same timeframe. Hines is also working towards achieving net-zero carbon emissions by 2040, collaborating with global experts to establish credible targets and a decarbonisation pathway. The company’s emissions data is not cascaded from any parent organisation, ensuring that their reported figures reflect their direct operations. Hines is committed to transparency and accountability in their sustainability efforts, as evidenced by their comprehensive reporting on emissions across all scopes.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 16,405,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 53,198,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,603,694,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hines has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
