DAMAC Holding Ltd., a prominent player in the real estate and hospitality sectors, is headquartered in the United Arab Emirates (AE). Founded in 2002, the company has rapidly established itself as a leader in luxury property development, with a strong presence in key markets across the Middle East and beyond. Specialising in residential, commercial, and leisure properties, DAMAC is renowned for its innovative designs and high-quality construction. The company has achieved significant milestones, including collaborations with global brands and the development of iconic projects that redefine luxury living. With a commitment to excellence, DAMAC Holding Ltd. continues to shape the landscape of the real estate industry, earning accolades for its unique offerings and market leadership.
How does DAMAC Holding Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
DAMAC Holding Ltd.'s score of 15 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
DAMAC Holding Ltd., headquartered in the United Arab Emirates (AE), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a result, it appears that DAMAC Holding Ltd. has not established any formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. This lack of data and commitments may reflect a broader industry context where many companies are increasingly prioritising sustainability and climate action, yet some still lag in transparency and accountability regarding their environmental impact. Without specific emissions data or reduction initiatives, it is challenging to assess DAMAC Holding Ltd.'s position in the context of climate commitments within the real estate and development sector.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
DAMAC Holding Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
