IRSA Inversiones y Representaciones S.A., commonly referred to as IRSA, is a leading Argentine investment company headquartered in Buenos Aires, Argentina. Founded in 1943, IRSA has established itself as a prominent player in the real estate and investment sectors, with significant operations across Argentina and other key regions in South America. The company primarily focuses on real estate development, property management, and investment in various sectors, including commercial, residential, and hospitality. IRSA is renowned for its unique portfolio of high-quality assets, including shopping malls and office buildings, which have positioned it as a market leader in the Argentine real estate landscape. With a commitment to innovation and sustainability, IRSA continues to achieve notable milestones, solidifying its reputation as a trusted name in the industry.
How does IRSA Inversiones y Representaciones S.A'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.
IRSA Inversiones y Representaciones S.A's score of 23 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, IRSA Inversiones y Representaciones S.A. reported total carbon emissions of approximately 13,408,000 kg CO2e from Scope 1, 556,000 kg CO2e from Scope 2, and about 10,734,000 kg CO2e from Scope 3 emissions. The breakdown of Scope 3 emissions includes significant contributions from purchased goods and services (approximately 2,407,000 kg CO2e), employee commuting (about 1,297,000 kg CO2e), and upstream transportation and distribution (approximately 2,328,000 kg CO2e). In 2023, the company’s emissions were slightly lower, with Scope 1 emissions at about 12,119,000 kg CO2e, Scope 2 at 408,000 kg CO2e, and Scope 3 at approximately 10,238,000 kg CO2e. This indicates a modest increase in emissions across all scopes from 2023 to 2024. IRSA has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have adopted Science-Based Targets Initiative (SBTi) targets. The company is a current subsidiary of IRSA Inversiones y Representaciones Sociedad Anónima, with emissions data cascaded from its parent company. Additionally, emissions data from Cresud Sociedad Anónima, a related organization, may influence its overall climate strategy. Overall, while IRSA has made strides in reporting its emissions, the absence of defined reduction targets highlights an area for potential improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 12,119,000 | 00,000,000 |
Scope 2 | 408,000 | 000,000 |
Scope 3 | 10,238,000 | 00,000,000 |
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.
IRSA Inversiones y Representaciones S.A 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.