Damac Properties Dubai Co. PJSC
Damac Properties Dubai Co. PJSC, commonly referred to as Damac Properties, is a leading luxury real estate developer headquartered in the United Arab Emirates. Established in 2002, the company has made significant strides in the property market, focusing on residential, commercial, and leisure developments across the Middle East and beyond. Damac Properties is renowned for its high-end residential projects, including villas, apartments, and hotels, often featuring unique architectural designs and premium amenities. The company has achieved notable milestones, such as partnerships with global brands and a strong presence in key markets like Dubai and Saudi Arabia. With a commitment to quality and innovation, Damac Properties continues to solidify its position as a market leader in the luxury real estate sector.
DitchCarbon Score
How does Damac Properties Dubai Co. PJSC'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.
Industry Average
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.
Industry Benchmark
Damac Properties Dubai Co. PJSC's score of 18 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Damac Properties Dubai Co. PJSC's reported carbon emissions
In 2023, Damac Properties Dubai Co. PJSC reported significant energy savings from solar water heaters, amounting to approximately 876,000 MWh. However, specific carbon emissions data for Scope 1, 2, and 3 were not disclosed for this year. Damac Properties has set ambitious climate commitments, aiming for a 43% reduction in carbon emissions by 2030, using 2023 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's commitment to decarbonisation and sustainability within the real estate sector in the UAE. The company's initiatives align with industry standards for climate action, demonstrating a proactive approach to reducing its carbon footprint and contributing to broader environmental goals.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Damac Properties Dubai Co. PJSC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
