Hibernia Real Estate, also known as Hibernia REIT, is a prominent player in the Irish real estate sector, headquartered in Dublin, Ireland (IE). Established in 2013, the company has rapidly evolved, focusing on the acquisition, development, and management of high-quality commercial properties, primarily in Dublin and other key urban areas. Hibernia Real Estate distinguishes itself through its commitment to sustainability and innovative design, offering a diverse portfolio that includes office spaces, mixed-use developments, and residential properties. The firm has achieved notable milestones, including a successful listing on the Irish Stock Exchange, which has solidified its market position as a leading real estate investment trust (REIT) in Ireland. With a strong emphasis on creating value for its stakeholders, Hibernia continues to shape the landscape of Irish real estate.
How does Hibernia Real Estate'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.
Hibernia Real Estate's score of 43 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Hibernia Real Estate reported total carbon emissions of approximately 9,639,000 kg CO2e. This figure includes 733,000 kg CO2e from Scope 1 emissions, 770,000 kg CO2e from Scope 2 emissions, and a significant 8,137,000 kg CO2e from Scope 3 emissions, which encompasses areas such as purchased goods and services (3,985,000 kg CO2e) and employee commuting (14,000 kg CO2e). Hibernia has set ambitious climate commitments, aiming for a 100% reduction in fossil fuel usage in existing assets by 2030, compared to a 2019 baseline. Additionally, they target a 55% reduction in Scope 2 CO2e emissions by 2030. The company has also developed a Net Zero Carbon Pathway, with the goal of achieving net zero carbon emissions across all scopes by 2030. These initiatives reflect Hibernia's commitment to sustainability and reducing its carbon footprint in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|
Scope 1 | 1,347,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 2,277,000 | - | - | - | 0,000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Hibernia Real Estate 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.