Irish Residential Properties Reit
Irish Residential Properties REIT (IRES REIT) is a leading player in the Irish residential property market, headquartered in Dublin, Ireland. Founded in 2013, the company has rapidly established itself as a significant force in the real estate investment trust (REIT) sector, focusing primarily on the acquisition, development, and management of residential properties across major urban areas in Ireland. IRES REIT's portfolio includes a diverse range of high-quality rental apartments, catering to the growing demand for residential accommodation in cities like Dublin and Cork. The company is distinguished by its commitment to sustainability and tenant satisfaction, ensuring that its properties meet modern living standards. With a strong market position, IRES REIT has achieved notable milestones, including consistent growth in rental income and a robust occupancy rate, solidifying its reputation as a trusted name in the Irish residential property landscape.
DitchCarbon Score
How does Irish Residential Properties Reit'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
Irish Residential Properties Reit's score of 51 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Irish Residential Properties Reit's reported carbon emissions
In 2024, Irish Residential Properties REIT (I-RES) reported total carbon emissions of approximately 42,000 kg CO2e, comprising 3,000 kg CO2e from Scope 1 and 39,000 kg CO2e from Scope 2 emissions. This marked a significant reduction from 2023, where total emissions were about 51,000 kg CO2e, with Scope 1 emissions at 9,000 kg CO2e and Scope 2 emissions at 42,000 kg CO2e. Notably, I-RES achieved a 41% reduction in Scope 1 emissions year-on-year from 2022 to 2023 and a 26% reduction in Scope 2 emissions during the same period. I-RES has set ambitious long-term climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. In the near term, they have successfully decreased their combined Scope 1 and Scope 2 emissions by about 12.7% in 2024 compared to the previous year. The company has also reported a 59% reduction in Scope 1 GHG intensity, driven by a significant decrease in consumption at their headquarters. Overall, I-RES is actively working towards reducing its carbon footprint through various initiatives, demonstrating a commitment to sustainability and climate responsibility in the residential property sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000 | 00,000 | 0,000 | 0,000 |
| Scope 2 | 76,000 | 00,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | - | - |
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.
Irish Residential Properties Reit 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.
