IPUT is Ireland’s leading commercial property company and the largest owner of offices and logistics assets in Dublin. They are a long term investor with an over 50-year track record in real estate. Their directly managed building portfolio under the scope of the Commitment comprises city centres, multi-tenanted offices and retail parks, while their development pipeline includes offices and logistics projects. IPUT sets the benchmark for excellence in Irish real estate and positively shape the future of Dublin with industry leading environmental credentials. Their Responsible Investment Strategy focuses on Climate Action, Circular Economy and Health & Wellbeing across their portfolio.
Member of Irish Green Building Council
Joined in 2020, Signatory of WLC Commitment
IPUT is committed to owning assets operating at net zero carbon within areas of direct control by 2030, and developing assets that are built to operate at net zero by 2030, with maximum reduction in embodied carbon with compensation for any residual upfront emissions.
Energy consumption and scope 1,2 and 3 emissions data is included in IPUT’s annual 2021 Responsibility Report and each year thereafter. They will continue to report progress against their 2019 baseline in accordance with the Greenhouse Gas Protocol and share this with the World Green Building Council. IPUT will also commence measuring and disclosing whole life embodied carbon emissions for new developments and major renovations in the near future.
IPUT’s decarbonisation pathway aims for an overall emission reduction of 40% by 2030. Their pathway to net zero carbon includes key actions to reduce embodied carbon, reduce building energy intensity, increase renewable energy, and offset residual emissions as a final step. They have set targets for each of these pathway pillars.
Asset and portfolio level performance data is reported annually in IPUT’s Responsibility Report and is verified against the ISO 14064-3 standard by an independent third party. Where carbon offsets will be used, their impact will be verified.
IPUT will use their market leadership position to advocate for innovative and sustainable practices within their supply chain, supporting the trial of low carbon solutions and implementation of circular economy principles during the design, construction, and operation of their buildings.