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 36 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 included about 2,087,300 kg CO2e from Scope 1, approximately 9,416,500 kg CO2e from Scope 2 (market-based), and around 74,079,600 kg CO2e from Scope 3 emissions. In 2022, the company recorded total emissions of about 89,210,000 kg CO2e, with Scope 1 emissions at approximately 2,489,600 kg CO2e, Scope 2 emissions (market-based) at about 11,003,600 kg CO2e, and Scope 3 emissions at around 74,079,600 kg CO2e. Over the years, LAMDA Development has shown a significant reduction in Scope 1 emissions, decreasing from about 19,684,000 kg CO2e in 2019 to the latest figure of approximately 2,087,300 kg CO2e in 2023. However, there are no specific reduction targets or climate pledges documented, indicating a potential area for improvement in their climate commitments. The company’s emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in Scope 3, which constitutes the majority of their carbon footprint. As LAMDA Development continues to navigate its climate strategy, focusing on comprehensive reduction initiatives will be crucial for enhancing its sustainability efforts.
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Add to project| 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 committed to any 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.
