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Real Estate Services
IN
updated 2 months ago

Godrej Properties Sustainability Profile

Company website

Godrej Properties Limited, a prominent player in the Indian real estate sector, is headquartered in Mumbai, India. Founded in 1990, the company has established a strong presence across major operational regions, including Maharashtra, Delhi-NCR, and Bengaluru. Specialising in residential, commercial, and township developments, Godrej Properties is renowned for its commitment to sustainability and innovation, integrating green building practices into its projects. With a diverse portfolio that includes luxury apartments, integrated townships, and commercial spaces, the company has achieved significant milestones, such as being the first real estate firm to receive the prestigious ISO certification. Godrej Properties has consistently ranked among the top developers in India, recognised for its quality construction and customer-centric approach, making it a trusted name in the industry.

DitchCarbon Score

How does Godrej Properties'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.

49

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.

29

Industry Benchmark

Godrej Properties's score of 49 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

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Godrej Properties's reported carbon emissions

In 2024, Godrej Properties reported total carbon emissions of approximately 1,594,025,040 kg CO2e, with emissions distributed across all three scopes: 541,740 kg CO2e (Scope 1), 3,528,690 kg CO2e (Scope 2), and 1,594,025,040 kg CO2e (Scope 3). The combined total for Scope 1 and Scope 2 emissions was about 4,071,000 kg CO2e. The company has set ambitious climate commitments, aiming for carbon neutrality by 2040 for Scope 1 emissions and by 2035 for Scope 2 emissions. Additionally, Godrej Properties is targeting a significant reduction of 72.6% in Scope 1 and 2 emissions per square metre by FY2035, based on a FY2021 baseline, which translates to an absolute reduction of 58.8%. For Scope 3 emissions, the company has committed to an 88.5% reduction by FY2026, covering emissions from purchased goods and services. These targets align with the Science Based Targets initiative (SBTi) and reflect Godrej Properties' commitment to sustainable practices within the real estate sector. The company is actively working towards reducing its carbon footprint while engaging suppliers to adopt science-based targets, thereby enhancing its overall sustainability strategy.

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20152016201720202021202220232024
Scope 1
2,731,880
00,000,000
0,000,000
000,000
000,000
000,000
000,000
000,000
Scope 2
3,864,450
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Godrej Properties's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Godrej Properties's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Godrej Properties's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Godrej Properties is in IN, which has a very high grid carbon intensity relative to other regions.

Godrej Properties's Scope 3 Categories Breakdown

Godrej Properties's Scope 3 emissions, which decreased by 18% last year and increased by approximately 514% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 88% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
88%
Upstream Transportation & Distribution
10%
Use of Sold Products
2%
Business Travel
<1%
Employee Commuting
<1%
Capital Goods
<1%
Waste Generated in Operations
<1%
Fuel and Energy Related Activities
<1%

Godrej Properties's Climate Goals (2030 & 2050)

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.

Godrej Properties has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Godrej Properties's Emissions with Industry Peers

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Updated 11 days ago

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Frequently Asked Questions

Common questions about Godrej Properties's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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