Public Profile

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.

30

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.

25

Industry Benchmark

Mirvac's score of 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

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Mirvac's reported carbon emissions

In 2023, Mirvac reported total carbon emissions of approximately 19,632,000 kg CO2e, comprising 9,632,000 kg CO2e from Scope 1 emissions and 9,732,000 kg CO2e from Scope 3 emissions. Notably, there were no reported Scope 2 emissions for this year. Over the years, Mirvac has demonstrated a commitment to reducing its carbon footprint. For instance, in 2020, the company achieved a significant reduction in total emissions to about 68,005,000 kg CO2e, down from approximately 102,331,000 kg CO2e in 2019. This reflects a broader trend of decreasing emissions, with total emissions dropping from about 104,462,000 kg CO2e in 2013 to the latest figure in 2023. Mirvac has set near-term climate targets and is actively engaged in sustainability initiatives, although it has not committed to a net-zero target as of now. The company is focused on improving its operational efficiency and reducing carbon intensity across its portfolio, with a reported 62% reduction in carbon intensity since 2014. Overall, Mirvac's ongoing efforts in carbon management and sustainability reflect its commitment to addressing climate change within the real estate sector in Australia.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20132018201920202021202220232024
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
12,660,000
00,000,000
00,000,000
00,000,000
-
-
-
-
Scope 3
25,970,000
00,000,000
00,000,000
00,000,000
-
0,000,000
0,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mirvac's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Mirvac is in AU, which has a very high grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers