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.
0 vs industry average
Hines’s score of 28 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hines's reported carbon emissions
In 2024, Hines reported total carbon emissions of approximately 1.98 billion kg CO2e, comprising 11,026,000 kg CO2e from Scope 1, 27,742,000 kg CO2e from Scope 2, and 4.09 billion kg CO2e from Scope 3 emissions. This reflects a slight increase from 2023, where total emissions were about 1.87 billion kg CO2e, with Scope 1 at 9,143,000 kg CO2e, Scope 2 at 25,876,000 kg CO2e, and Scope 3 at 3.86 billion kg CO2e. Hines has set ambitious climate commitments, aiming for net-zero carbon emissions by 2040. The company has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. Additionally, Hines plans to achieve a 42% reduction in absolute Scope 3 emissions from the use of sold products and downstream leased assets within the same timeframe. These initiatives demonstrate Hines's proactive approach to addressing climate change and its commitment to sustainability within the real estate sector.
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Hines’s Climate Goals (2030 & 2050)
3 goals2030
42% reduction in Scope 2
As an interim step, the Firm set a near-term target to reduce operational carbon emissions by 42% below our 2021 emissions by 2030. This tar…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hines
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