Hines
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Hines's score of 32 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hines's reported carbon emissions
In 2022, Hines reported total carbon emissions of approximately 2,095,338,000 kg CO2e, a significant reduction from about 2,673,297,000 kg CO2e in 2021. The emissions breakdown for 2022 includes approximately 12,620,000 kg CO2e from Scope 1, about 44,710,000 kg CO2e from Scope 2 (market-based), and approximately 3,947,528,000 kg CO2e from Scope 3 emissions. Hines has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. This target also extends to Scope 3 emissions, specifically from the use of sold products and downstream leased assets, with the same reduction goal. These commitments align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Overall, Hines is actively working towards substantial emissions reductions across all scopes, reflecting its commitment to sustainability within the real estate sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 16,405,000 | 00,000,000 |
| Scope 2 | 53,198,000 | 00,000,000 |
| Scope 3 | 4,986,035,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hines is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
