Hines Corporation Sustainability Profile
Hines Corporation, often referred to simply as Hines, is a prominent player in the real estate industry, headquartered in the United States. Founded in 1957, the company has established a significant presence across major operational regions, including North America, Europe, and Asia. Hines is renowned for its expertise in property development, investment, and management, focusing on creating sustainable and innovative spaces. With a diverse portfolio that includes office buildings, residential complexes, and mixed-use developments, Hines distinguishes itself through its commitment to quality and sustainability. The company has achieved notable milestones, such as being recognised for its leadership in green building practices. Hines continues to solidify its market position as a leader in the real estate sector, driven by a dedication to excellence and a forward-thinking approach.
DitchCarbon Score
How does Hines Corporation'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 Metal Fabrication 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 Corporation's score of 23 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hines Corporation's reported carbon emissions
Hines Corporation, headquartered in the United States, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, Hines has established targets through the Science Based Targets initiative (SBTi). The company commits to reducing its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2021 as the baseline year. Additionally, Hines aims to achieve a 42% reduction in absolute Scope 3 emissions, which encompass emissions from the use of sold products and downstream leased assets, within the same timeframe. These targets align with the necessary reductions to limit global warming to 1.5°C, demonstrating Hines' commitment to climate action within the real estate sector. The company is currently on track to meet its near-term targets, reflecting a proactive approach to sustainability and environmental responsibility.
How Carbon Intensive is Hines Corporation's Industry?
How Carbon Intensive is Hines Corporation's Location?
Hines Corporation's Climate Goals (2030 & 2050)
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 Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
