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Hines, officially known as Hines Interests Limited Partnership, is a prominent player in the real estate services industry, with its headquarters based in the United States. Established in 1957, the company has grown to become a leading global real estate investment, development, and management firm, operating across North America, Europe, and Asia.
Specialising in office, residential, retail, and industrial properties, Hines is recognised for its innovative approach and sustainable development practices. The firm’s extensive portfolio and strategic market presence have earned it a reputation for delivering high-quality real estate solutions. With a history of key milestones and a focus on long-term value creation, Hines remains a notable leader in the competitive real estate services sector.
28
DitchCarbon score
-1 vs industry average
Hines’s score of 28 is lower than 45% 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
High
Real Estate Services has above-average carbon intensity
Industry performance
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Hines's reported carbon emissions
Hines, a US-based real estate services company, reported total GHG emissions of approximately 1.98 billion kg CO2e in 2024. This figure includes Scope 1 emissions of about 11.03 million kg CO2e, Scope 2 emissions (market-based) of approximately 27.74 million kg CO2e, and Scope 3 emissions of around 4.09 billion kg CO2e.
Looking back, their total emissions were about 1.87 billion kg CO2e in 2023 and approximately 2.09 billion kg CO2e in 2022.
Hines is committed to achieving net-zero carbon by 2040. As an interim step, the company has committed to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2021 baseline. They also aim to reduce absolute Scope 3 GHG emissions from the use of sold products and downstream leased assets by 42% within the same timeframe. In 2021, their Scope 1 emissions were approximately 16.41 million kg CO2e, Scope 2 (market-based) were about 53.20 million kg CO2e, and Scope 3 were around 2.60 billion kg CO2e.
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Hines’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Hines11 months ago
28
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