Mabanee Company (K.P.S.C), headquartered in Kuwait (KW), is a leading player in the real estate and development sector. Established in 1999, the company has made significant strides in transforming the urban landscape of Kuwait and the wider Gulf region. Mabanee is renowned for its flagship project, The Avenues, which stands as one of the largest shopping malls in the Middle East, showcasing its commitment to innovative design and customer experience. With a diverse portfolio that includes commercial, residential, and mixed-use developments, Mabanee distinguishes itself through its focus on sustainability and community integration. The company has consistently achieved notable milestones, solidifying its market position as a trusted developer. Mabanee's dedication to quality and excellence has earned it numerous accolades, reflecting its status as a pioneer in the real estate industry.
How does Mabanee Company (K.P.S.C)'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 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.
Mabanee Company (K.P.S.C)'s score of 33 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Mabanee Company (K.P.S.C), headquartered in Kuwait, reported total carbon emissions of approximately 697,435,580 kg CO2e. This figure includes Scope 1 emissions of about 3,548,520 kg CO2e, primarily from stationary and mobile combustion, and fugitive emissions. Scope 2 emissions, attributed to purchased electricity, accounted for approximately 97,203,180 kg CO2e. The majority of emissions stemmed from Scope 3, which totalled about 596,683,880 kg CO2e, with significant contributions from downstream leased assets and waste generated in operations. In 2023, the company reported total emissions of approximately 209,917,050 kg CO2e, with Scope 1 emissions at about 1,640,850 kg CO2e and Scope 2 emissions at approximately 87,332,800 kg CO2e. Scope 3 emissions for that year were around 120,943,400 kg CO2e. Mabanee has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company has established a target to cut its Scope 1 and Scope 2 emissions by 50% from 2021 levels by 2030. These initiatives reflect a strong commitment to achieving significant reductions in greenhouse gas emissions in the near term. Overall, Mabanee Company is actively working towards enhancing its sustainability practices and reducing its carbon footprint in alignment with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 88,300 | 000,000 | - | 00,000 | 0,000,000 | 0,000,000 |
Scope 2 | 160,341,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000 | 00,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Mabanee Company (K.P.S.C) 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.