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 26 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IRSA Inversiones y Representaciones S.A, headquartered in Argentina, reported total carbon emissions of approximately 24,000,000 kg CO2e. This figure includes 12,119,000 kg CO2e from Scope 1 emissions, 408,000 kg CO2e from Scope 2 emissions, and 10,238,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions breakdown reveals significant contributions from employee commuting (1,412,000 kg CO2e) and purchased goods and services (1,405,000 kg CO2e). In 2024, the company’s emissions increased slightly, totalling about 25,000,000 kg CO2e, with Scope 1 emissions at 13,408,000 kg CO2e, Scope 2 emissions at 556,000 kg CO2e, and Scope 3 emissions at 10,734,000 kg CO2e. The increase in Scope 1 and Scope 2 emissions indicates a growing operational footprint, while the Scope 3 emissions also reflect ongoing challenges in managing indirect emissions. Despite these figures, IRSA has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions intensity for Scope 1 and 2 combined is reported at 2,289 kg CO2e/m² in 2023 and 3,230 kg CO2e/m² in 2024, suggesting a need for enhanced strategies to improve efficiency and reduce overall emissions. As IRSA continues to navigate its carbon footprint, the focus on transparency and potential future commitments will be crucial in aligning with global climate goals.
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 committed to any reduction initiatives 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.