Protecting the Environment
We aim to protect the environment by minimising our emissions and use of natural resources while ensuring we leave space for nature at our properties.
Our key materiality areas are:
- Climate change (energy consumption, carbon emissions and climate risk)
- Environmental management (biodiversity, water, pollution, and waste)
- Sustainable supply chain practices
Creating a Sustainable Portfolio
At I-RES, we are dedicated to achieving net zero greenhouse gas emissions across our portfolio by 2050, aligning with the Paris Agreement's goal of limiting global warming. We recognise the vital role we must play in transitioning to a low-carbon economy.
We have strategically invested in a young, energy-efficient property portfolio that benefits our residents and stakeholders. To guide our net zero efforts, we have set science-based emissions reduction targets and established a carbon intensity baseline related to our buildings' operational energy. We are actively working to decarbonize our portfolio.
To track our progress, we have benchmarked the energy and carbon performance of each property against trajectories from the Carbon Risk Real Estate Monitor (CRREM). This enables us to understand current performance and the reduction targets we must hit by 2050.
As a responsible, forward-thinking real estate company, we are committed to leading our industry's pursuit of net zero carbon buildings and operations.
Case Study - Ireland’s First LEED Gold-Designed Residential Development
Operational Performance
We ensure all our management decisions consider and have a positive impact on the environment. Sustainability is intrinsic to every aspect of our business; from what we invest in, to how we design and build, to the way we manage and protect our assets.
Our Evolving Approach
Biodiversity at I-RES
I-RES recognises that the development of urbanised areas can lead to a potential loss of biodiversity if not managed properly.