Irish Residential Properties REIT (IRES REIT) is a leading player in the Irish residential property market, headquartered in Dublin, Ireland. Founded in 2013, the company has rapidly established itself as a significant force in the real estate investment trust (REIT) sector, focusing primarily on the acquisition, development, and management of residential properties across major urban areas in Ireland. IRES REIT's portfolio includes a diverse range of high-quality rental apartments, catering to the growing demand for residential accommodation in cities like Dublin and Cork. The company is distinguished by its commitment to sustainability and tenant satisfaction, ensuring that its properties meet modern living standards. With a strong market position, IRES REIT has achieved notable milestones, including consistent growth in rental income and a robust occupancy rate, solidifying its reputation as a trusted name in the Irish residential property landscape.
How does Irish Residential Properties Reit'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.
Irish Residential Properties Reit's score of 32 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Irish Residential Properties REIT reported total carbon emissions of approximately 62,000 kg CO2e, comprising about 8,000 kg CO2e from Scope 1 and about 54,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2021, where total emissions were about 112,000 kg CO2e, with Scope 1 emissions at approximately 33,800 kg CO2e and Scope 2 emissions at about 71,400 kg CO2e. In 2022, the company further reduced its emissions to about 78,800 kg CO2e, with Scope 1 emissions at approximately 19,000 kg CO2e and Scope 2 emissions at about 64,000 kg CO2e. This trend indicates a commitment to lowering their carbon footprint over the years. Despite these reductions, Irish Residential Properties REIT has not set specific reduction targets or climate pledges, which may limit their long-term sustainability goals. The company continues to focus on improving energy efficiency and reducing greenhouse gas emissions from its operations, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | 00,000 | 00,000 | 0,000 |
Scope 2 | 92,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | - | - | - | - |
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.
Irish Residential Properties Reit is not participating in any of the initiatives that 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.