Irish Residential Properties REIT plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2021🗂️ Report periods on file: 2021

In its 2021 reporting, Irish Residential Properties REIT plc disclosed greenhouse gas emissions of 84 tCO2e/year (Scope 2). By scope: Scope 2: 84 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
84 tCO2e/year (Scope 2)
2021
⚡
Renewable Energy
100% (common areas)
of total energy
♻️
Waste
475 tons/year
2021
⚙️
Energy Use
283.6K kWh/year
2021

📊 Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.84 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Develop ESG strategy incorporating climate resilience (2022)
  • Establish KPIs and report on resident programme (2022)
  • Set carbon reduction targets (2022)

📅 Medium-term

  • Implement Environmental Management System (EMS) and explore carbon offset initiatives
  • Develop climate change policy & conduct climate change risk assessment including target setting (2022/2023)

🔭 Long-term

  • Reduce carbon emissions in line with the Paris Climate Agreement

🌱 ESG Focus Areas

Climate ChangeHealth, Safety & Well-beingBusiness Ethics & ComplianceResident/Tenant SatisfactionEnvironmental ManagementSustainability Governance & StrategyInvestment & DevelopmentAsset ManagementData Privacy & SecurityEmployee Attraction, Diversity & RetentionSustainable Supply Chain Practices

⚠️ Challenges & Risks +

  • Limited oversight and direct control over utility purchase and management due to mixed ownership in portfolio
  • Increased energy consumption (1%) due to Covid-19 lockdowns and residents working from home
  • Impact of Covid-19 on waste generation

📋 Report Information

Reporting Period: 2021
Frameworks: EPRA Best Practices Recommendations for Sustainability Reporting (sBPR), GRESB, UN Sustainable Development Goals (SDGs)
Assurance: EVORA Global Limited