Irish Residential Properties REIT PLC

Common Name
Irish Residential Properties REIT
Country
Ireland
Sector
Real Estate
Industry
REIT - Residential
Employees
98
Ticker
IRES
Exchange
IRISH STOCK EXCHANGE
Description
Irish Residential Properties REIT plc is a real estate investment trust focused on owning and operating a diverse portfolio of residential properties in Ireland. The primary purpose of this REIT is to...

Irish Residential Properties REIT's GHG Emissions Data Preview

In 2024, Irish Residential Properties REIT completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Irish Residential Properties REIT has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Irish Residential Properties REIT’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Irish Residential Properties REIT’s data sources below and access millions more through our Disclosure Search.

a. Irish Residential Properties REIT's ESG Report 2024
a. Irish Residential Properties REIT's ESG Report 2024

Insights into Irish Residential Properties REIT's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Irish Residential Properties REIT amounted to 330.49 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Irish Residential Properties REIT decreased by 7.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Irish Residential Properties REIT's Scope 1 Emissions Over Time

2023202404590135180tCO2e-6%
  • Total Scope 1
  • Year-over-Year Change

What are Irish Residential Properties REIT's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Irish Residential Properties REIT were 164.91 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Irish Residential Properties REIT's Scope 1 emissions decreased by 6.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Irish Residential Properties REIT's Scope 2 emissions?

In 2024, Irish Residential Properties REIT reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 165.58 tCO₂e using the location-based method. a

Has Irish Residential Properties REIT reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Irish Residential Properties REIT's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Irish Residential Properties REIT 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Irish Residential Properties REIT use for Scope 2 reporting?

In 2024, Irish Residential Properties REIT reported its Scope 2 emissions using the market-based method and using the location-based method. a

Irish Residential Properties REIT's Scope 2 Emissions Over Time

20232024050100150200tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Irish Residential Properties REIT’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Irish Residential Properties REIT reported Scope 1 greenhouse gas (GHG) emissions of 164.91 tCO₂e and total revenues of USD 89 millions. This translates into an emissions intensity of 1.86 tCO₂e per millions USD. a

Irish Residential Properties REIT's Scope 1 Emissions Intensity Compared to Peers

2501,00020,000200,000Scope 1 Emissions (tCO2e)201005002,0005,000Revenues (Millions of USD)VIAltareaYear: 2024Scope 1: 1,931 tCO2eRevenue: $M 2,820Scope 1 Intensity: 0.68 tCO2e/$MLog Commercial PropertiesYear: 2022Scope 1: 8,488 tCO2eRevenue: $M 41Scope 1 Intensity: 206.49 tCO2e/$MSun CommunitiesYear: 2023Scope 1: 38,505 tCO2eRevenue: $M 3,179Scope 1 Intensity: 12.11 tCO2e/$MPlazzaYear: 2024Scope 1: 300 tCO2eRevenue: $M 37Scope 1 Intensity: 8.13 tCO2e/$MFonciere IneaYear: 2023Scope 1: 4 tCO2eRevenue: $M 75Scope 1 Intensity: 0.05 tCO2e/$MEquity LifeStyle PropertiesYear: 2021Scope 1: 17,041 tCO2eRevenue: $M 1,255Scope 1 Intensity: 13.58 tCO2e/$MCare Property InvestYear: 2024Scope 1: 62 tCO2eRevenue: $M 74Scope 1 Intensity: 0.84 tCO2e/$MFrontier Real EstateYear: 2024Scope 1: 239 tCO2eRevenue: $M 156Scope 1 Intensity: 1.53 tCO2e/$MMid-America Apartment CommunitiesYear: 2023Scope 1: 6,070 tCO2eRevenue: $M 2,149Scope 1 Intensity: 2.83 tCO2e/$Mİş GYOYear: 2023Scope 1: 392 tCO2eRevenue: $M 42Scope 1 Intensity: 9.23 tCO2e/$MCamden Property TrustYear: 2024Scope 1: 14,163 tCO2eRevenue: $M 1,544Scope 1 Intensity: 9.17 tCO2e/$MVVVeris ResidentialYear: 2024Scope 1: 5,397 tCO2eRevenue: $M 271Scope 1 Intensity: 19.91 tCO2e/$MEquity ResidentialYear: 2022Scope 1: 68,855 tCO2eRevenue: $M 2,735Scope 1 Intensity: 25.17 tCO2e/$MEmira Property FundYear: 2024Scope 1: 5,052 tCO2eRevenue: $M 100Scope 1 Intensity: 50.39 tCO2e/$MBurstone GroupYear: 2023Scope 1: 4,640 tCO2eRevenue: $M 82Scope 1 Intensity: 56.64 tCO2e/$MNivika FastigheterYear: 2024Scope 1: 55 tCO2eRevenue: $M 66Scope 1 Intensity: 0.84 tCO2e/$MAvalonBay CommunitiesYear: 2024Scope 1: 21,335 tCO2eRevenue: $M 2,914Scope 1 Intensity: 7.32 tCO2e/$MEssex Property TrustYear: 2024Scope 1: 28,969 tCO2eRevenue: $M 1,774Scope 1 Intensity: 16.33 tCO2e/$MInvitation HomesYear: 2022Scope 1: 5,158 tCO2eRevenue: $M 2,238Scope 1 Intensity: 2.30 tCO2e/$MAdvance Residence InvestmentYear: 2022Scope 1: 188 tCO2eRevenue: $M 257Scope 1 Intensity: 0.73 tCO2e/$MBoardwalk REITYear: 2024Scope 1: 103,054 tCO2eRevenue: $M 419Scope 1 Intensity: 245.72 tCO2e/$MUDRYear: 2023Scope 1: 16,379 tCO2eRevenue: $M 1,628Scope 1 Intensity: 10.06 tCO2e/$MAmerican Homes 4 RentYear: 2024Scope 1: 13,532 tCO2eRevenue: $M 1,729Scope 1 Intensity: 7.83 tCO2e/$MIIIrish Residential Properties REITYear: 2024Scope 1: 165 tCO2eRevenue: $M 89Scope 1 Intensity: 1.86 tCO2e/$M

How does Irish Residential Properties REIT's GHG emissions intensity compare to its peers?

In 2024, Irish Residential Properties REIT reported a Scope 1 emissions intensity of 1.86 tCO₂e per millions USD. Compared to the peer group median of 9.17 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Irish Residential Properties REIT rank on GHG emissions intensity within its industry?

In 2024, Irish Residential Properties REIT ranked 7 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Irish Residential Properties REIT is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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