Mirvac
Mirvac Group, commonly known as Mirvac, is a leading Australian property and infrastructure company headquartered in Sydney, Australia. Founded in 1972, Mirvac has established a strong presence across major operational regions, including New South Wales, Victoria, and Queensland. The company operates primarily in the real estate sector, focusing on residential, commercial, and retail developments. Mirvac is renowned for its commitment to sustainability and innovation, offering a diverse range of core services that include property development, investment management, and asset management. With a reputation for delivering high-quality projects, Mirvac has achieved notable milestones, such as being recognised for its excellence in design and environmental stewardship. As a key player in the Australian property market, Mirvac continues to set benchmarks for quality and sustainability in the industry.
DitchCarbon Score
How does Mirvac'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
Mirvac's score of 32 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mirvac's reported carbon emissions
In 2024, Mirvac reported total Scope 1 emissions of approximately 10,711,000 kg CO2e, a significant increase from about 9,632,000 kg CO2e in 2023. The emissions breakdown for 2024 includes 5,700 kg CO2e from mobile combustion, 1,218,000 kg CO2e from fugitive emissions, and 8,363,000 kg CO2e from stationary combustion. The company has set ambitious targets to reduce its carbon footprint, committing to an 83.6% reduction in absolute Scope 1 emissions by FY2030 from a FY2019 baseline. Additionally, Mirvac aims to decrease Scope 3 emissions from capital goods, downstream leased assets, and the use of sold products by 55% per square metre of Gross Floor Area (GFA) by FY2030. Mirvac's commitment to sustainability extends to waste management, with a goal to send zero waste to landfill by 2030. The company’s targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with the global aim to limit warming to 1.5°C. Overall, Mirvac's emissions data reflects a proactive approach to climate commitments, with a focus on significant reductions across various scopes of emissions, demonstrating their dedication to environmental sustainability in the real estate sector.
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| 2013 | 2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,066,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | - |
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.
Mirvac is participating in some 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.
