Five Holdings, a prominent player in the real estate and investment sector, is headquartered in the United Arab Emirates (AE). Founded in 2015, the company has rapidly established itself as a leader in property development and asset management, with a strong presence across the Middle East and North Africa. Specialising in innovative residential and commercial projects, Five Holdings is renowned for its commitment to quality and sustainability. The company’s unique approach combines modern design with cutting-edge technology, setting it apart in a competitive market. With a portfolio that includes luxury hotels and high-end residential complexes, Five Holdings has achieved significant milestones, including multiple awards for excellence in design and sustainability. As a forward-thinking organisation, it continues to shape the future of real estate in the region, solidifying its market position as a trusted name in property development.
How does Five Holdings'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 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.
Five Holdings's score of 15 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Five Holdings reported significant carbon emissions in the United Arab Emirates (AE), with Scope 1 emissions totalling approximately 3,235,410,000 kg CO2e and Scope 2 emissions at about 5,815,280,000 kg CO2e. This marked an increase from 2021, where Scope 1 emissions were around 3,057,020,000 kg CO2e and Scope 2 emissions were approximately 16,632,090,000 kg CO2e. Five Holdings has committed to reducing its carbon footprint, although specific reduction targets have not been publicly detailed. The company is actively working on initiatives to lower carbon use intensity by about 7.62% and electricity use intensity by approximately 4.91%. Additionally, they have achieved a reduction in water consumption per capita by 36.2%. As of February 2023, Five Holdings is classified as "Committed" to near-term reduction targets but has not set a net-zero commitment. The company operates within the Hotels, Restaurants, and Leisure sector, indicating a focus on sustainability in a high-impact industry.
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.
Five Holdings is committed to some reduction initiatives 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.