LAMDA Development S.A
LAMDA Development S.A., headquartered in Greece, is a leading player in the real estate development and investment sector. Established in 1999, the company has made significant strides in transforming urban landscapes, particularly in Athens and other major regions across Greece. Specialising in the development of commercial and residential properties, LAMDA Development is renowned for its innovative approach to creating sustainable and integrated environments. The company’s flagship projects, such as the Ellinikon, showcase its commitment to redefining urban living through cutting-edge design and functionality. With a strong market position, LAMDA Development has achieved notable milestones, including recognition for its contributions to the Greek economy and urban revitalisation. Its focus on quality and sustainability sets it apart in the competitive real estate landscape, making it a preferred choice for investors and residents alike.
DitchCarbon Score
How does LAMDA Development S.A'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 Business 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
LAMDA Development S.A's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LAMDA Development S.A's reported carbon emissions
In 2023, LAMDA Development S.A, headquartered in Greece, reported total carbon emissions of approximately 74,079,600 kg CO2e across all scopes. This includes 2,087,300 kg CO2e from Scope 1, 9,416,500 kg CO2e from market-based Scope 2, and a significant 74,079,600 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by categories such as purchased goods and services (10,061,300 kg CO2e) and downstream leased assets (25,493,900 kg CO2e). In 2022, the company recorded total emissions of about 89,210,000 kg CO2e, indicating a reduction in emissions from the previous year. The breakdown for 2022 shows 2,489,600 kg CO2e from Scope 1, 11,003,600 kg CO2e from market-based Scope 2, and 89,210,000 kg CO2e from Scope 3. Despite these figures, LAMDA Development has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose emissions data across all relevant scopes, demonstrating transparency in its climate impact reporting.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 19,684,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 0,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 |
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.
LAMDA Development S.A 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.
