Irish Residential Properties Reit
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.
DitchCarbon Score
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.
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
Irish Residential Properties Reit's score of 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Irish Residential Properties Reit's reported carbon emissions
In 2024, Irish Residential Properties REIT (I-RES) reported total carbon emissions of approximately 42,000 kg CO2e, comprising 3,000 kg CO2e from Scope 1 and 39,000 kg CO2e from Scope 2 emissions. This reflects a significant reduction of about 12.7% in combined Scope 1 and Scope 2 emissions year-on-year. In 2023, the company recorded total emissions of about 51,000 kg CO2e, with 9,000 kg CO2e from Scope 1 and 42,000 kg CO2e from Scope 2, indicating a continued commitment to reducing its carbon footprint. I-RES has set ambitious long-term climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. In the near term, the company achieved a remarkable 41% reduction in Scope 1 emissions and a 26% reduction in Scope 2 emissions from 2022 to 2023. Additionally, Scope 1 GHG intensity fell by 59%, driven by a non-recurring reduction in consumption at I-RES Headquarters, while Scope 2 GHG intensity decreased by 16% due to ongoing energy-saving initiatives across all offices. The emissions data is not cascaded from any parent organization, and all figures are sourced directly from Irish Residential Properties REIT Plc. The company continues to demonstrate its commitment to sustainability and climate action through these significant reductions and long-term goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000 | 00,000 | 0,000 | 0,000 |
| Scope 2 | 76,000 | 00,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | - | - |
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.
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.
