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 37 is higher than 92% 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 carbon emissions of approximately 21,821,000 kg CO2e, comprising 10,711,000 kg CO2e from Scope 1 and 10,811,000 kg CO2e from Scope 3 emissions. Notably, there were no reported Scope 2 emissions. This represents an increase from 2023, where total emissions were about 19,632,000 kg CO2e, with Scope 1 emissions at 9,632,000 kg CO2e and Scope 3 emissions at 9,732,000 kg CO2e. Mirvac has set ambitious climate commitments, aiming to achieve net positive carbon status by 2030. This goal is underpinned by a focus on maximising energy efficiency across all operations. The company is committed to reducing emissions across all scopes, although specific percentage reduction targets have not been disclosed. Historically, Mirvac's emissions have fluctuated, with 2022 emissions recorded at approximately 14,250,000 kg CO2e, indicating a trend of increasing emissions in recent years. The company has not yet committed to a net zero target but has established near-term reduction initiatives. Overall, Mirvac's climate strategy reflects a proactive approach to managing carbon emissions within the real estate sector in Australia, aligning with broader industry efforts to combat climate change.
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| 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,066,000 | 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 | - | - | - | - |
| Scope 3 | - | 00,000,000 | 00,000,000 | - | - | 0,000,000 | 0,000,000 | 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.
