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Damac Real Estate Development Limited, DIFC
Damac Real Estate Development Limited, commonly referred to as Damac Properties, is a leading luxury real estate developer headquartered in the Dubai International Financial Centre (DIFC), United Arab Emirates. Established in 2002, the company has made significant strides in the property development sector, focusing on residential, commercial, and leisure properties across the Middle East and beyond. Damac 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 luxury markets. With a commitment to quality and innovation, Damac Properties continues to solidify its position as a key player in the real estate industry, consistently delivering exceptional value to its clients and investors.
DitchCarbon Score
How does Damac Real Estate Development Limited, DIFC'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 Real Estate Development Limited, DIFC's score of 15 is lower than 86% 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 Real Estate Development Limited, DIFC's reported carbon emissions
Damac Real Estate Development Limited, DIFC, headquartered in the United Arab Emirates (AE), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, the company has not established any documented reduction targets or climate pledges. It is important to note that Damac Real Estate Development Limited, DIFC, is a current subsidiary and inherits its climate-related data from its parent organization. However, no specific emissions data or reduction initiatives have been cascaded from the parent company. As the real estate sector increasingly focuses on sustainability, Damac's lack of reported emissions and climate commitments may reflect broader industry trends or internal strategic decisions. The company may need to enhance its transparency and set measurable targets to align with global climate goals and stakeholder expectations.
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 Real Estate Development Limited, DIFC 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.
