Our responsible investment strategy
During 2023, we updated our Responsible Investment Strategy -setting progressive targets for the next three years that build on our work to date. We continue to lead our sector across our pillars of climate action, resource efficiency, and social value.
Responsibility Report
Our 2023 Responsibility Report outlines the progress we have made in developing and managing an increasingly sustainable portfolio.
Sustainability in our developments
Our vision is to set the benchmark for excellence in Irish real estate and positively shape the future of our city.
We are leaders in Irish real estate and our developments are designed to the highest standards and achieve market-leading sustainability certifications. We recognise our responsibility to continue to advance that position through our culture of excellence and innovation.
Industry associations
The Global Real Estate Sustainability Benchmark is an annual assessment of environmental, social and governance performance of property companies. IPUT was the first Irish entity to participate in 2016, and each year we strengthen our GRESB performance.
IPUT signed the UN-led Principles for Responsible Investment in 2019, the first Irish property company to do so. The six principles for responsible investment encourage actions to incorporate ESG issues into investment activities, helping to develop a more sustainable global financial system.
IPUT is a member of the Irish Green Building Council, which is affiliated with the World Green Building Council. It brings together organisations from the entire value chain of the built environment to accelerate Ireland’s shift to a more sustainable built environment.
IPUT is a supporter of the Task force on Climate-related Financial Disclosures. TCFD recommendations were established in 2015 to increase transparency of reporting on financially material climate-related risks and opportunities.
Advancing Net Zero is the World Green Building Council’s global programme to drive the transition towards total decarbonisation of the buildings and construction sector by 2050. IPUT became a signatory of the Net Zero Carbon Buildings Commitment in 2020 and launched its 2030 pathway to net zero carbon in 2021.
We are part of C-Change, a ULI-led programme formed in 2021 to bring together industry experts to mobilise the real estate industry as we transition towards a low carbon future.
The Science Based Targets initiative champions setting and meeting targets with clearly defined pathways that specify how much and how quickly they need to reduce their greenhouse gas emissions. This initiative supports companies in the transition to a low-carbon economy.
We are a founding partner of the Irish Supply Chain Sustainability School. This is a free learning platform established to upskill those working in the Irish built environment with a focus on sustainability issues. The school is a collaboration between industry supply chain members, including semi-state organisations, developers, contractors, asset owners and manufacturers.