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 38 is higher than 61% 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 Scope 1 emissions of 8,000 kg CO2e and Scope 2 emissions of 54,000 kg CO2e. This marked a significant reduction in emissions, with Scope 1 absolute emissions decreasing by 41% year-on-year and Scope 2 emissions down by 26%. The GHG intensity for Scope 1 fell by 59%, attributed to a non-recurring reduction in consumption at I-RES Headquarters. For 2024, I-RES continued its commitment to reducing emissions, achieving a combined reduction of approximately 12.7% in both Scope 1 and Scope 2 emissions compared to the previous year. The company has set a long-term goal to achieve net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. I-RES's emissions data is independently reported and does not cascade from any parent organization. The company actively engages in energy-saving initiatives across its operations, contributing to its overall emissions reduction strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000 | 00,000 | 0,000 |
| Scope 2 | 76,000 | 00,000 | 000,000 | 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.
