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 27 is higher than 87% 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 2023, Mirvac reported total carbon emissions of approximately 19,600,000 kg CO2e, comprising 9,632,000 kg CO2e from Scope 1 and 9,732,000 kg CO2e from Scope 3 emissions. The Scope 1 emissions included 7,897,000 kg CO2e from stationary combustion and 83,000 kg CO2e from mobile combustion. Notably, Mirvac has committed to near-term reduction targets, although specific numerical targets have not been disclosed. In 2022, the company recorded total emissions of about 14,500,000 kg CO2e, with Scope 1 emissions at 7,125,000 kg CO2e and Scope 3 emissions at 7,225,000 kg CO2e. This indicates a significant focus on managing and reducing their carbon footprint across their operations. Mirvac has not yet committed to a net-zero target but has set long-term reduction targets, reflecting their ongoing commitment to sustainability within the real estate sector. The company continues to engage in initiatives aimed at reducing emissions and enhancing climate resilience, aligning with industry standards for climate action.
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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 | 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
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.
