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 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Irish Residential Properties Reit's reported carbon emissions
In 2023, Irish Residential Properties REIT (I-RES) reported total carbon emissions of approximately 62,000 kg CO2e, comprising 8,000 kg CO2e from Scope 1 and 54,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where total emissions were about 64,000 kg CO2e, with Scope 1 emissions at 19,000 kg CO2e and Scope 2 emissions at 64,000 kg CO2e. I-RES has made notable strides in reducing its carbon footprint, achieving a 41% reduction in absolute Scope 1 emissions year-on-year and a 26% reduction in Scope 2 emissions during the same period. Additionally, the company reported a 59% decrease in Scope 1 GHG intensity and a 16% decrease in Scope 2 GHG intensity, attributed to energy-saving initiatives across its operations. The commitment to sustainability is evident in I-RES's ongoing efforts to lower emissions and enhance energy efficiency, aligning with industry standards for climate action. The company continues to focus on reducing its environmental impact while maintaining operational efficiency.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 | 0,000 |
| Scope 2 | 92,000 | 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.
