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Mabanee Company (K.P.S.C), headquartered in Kuwait (KW), is a prominent player in the real estate services industry, specifically focusing on the development and management of commercial and residential properties. Established in 1999, Mabanee has achieved significant milestones, including the successful launch of the iconic The Avenues Mall, which has become a landmark in the region.
With a diverse portfolio that includes retail, hospitality, and mixed-use developments, Mabanee distinguishes itself through innovative design and a commitment to sustainability. The company has solidified its market position as a leader in the Kuwaiti real estate sector, recognised for its strategic vision and high-quality projects. As it continues to expand its operations across the Gulf region, Mabanee remains dedicated to enhancing urban living and creating vibrant community spaces.
+3 vs industry average
Mabanee Company (K.P.S.C)’s score of 32 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Mabanee Company K.P.S.C., headquartered in Kuwait and operating in Real Estate Services, reported total emissions of approximately 697.4 million kg CO2e in 2024. This figure comprises Scope 1 emissions of approximately 3.5 million kg CO2e, Scope 2 emissions of approximately 97.2 million kg CO2e, and Scope 3 emissions of approximately 596.7 million kg CO2e. Key contributors to Scope 1 were fugitive emissions, mobile combustion, and stationary combustion. Scope 2 emissions were primarily from purchased electricity, while Scope 3 emissions largely stemmed from downstream leased assets and waste generated in operations.
For 2023, Mabanee Company K.P.S.C.'s total emissions were approximately 209.9 million kg CO2e, with Scope 1 emissions at approximately 1.6 million kg CO2e, Scope 2 at approximately 87.3 million kg CO2e, and Scope 3 at approximately 120.9 million kg CO2e. In 2022, total emissions were approximately 222.1 million kg CO2e, including Scope 1 emissions of approximately 34,700 kg CO2e, Scope 2 emissions of approximately 102.9 million kg CO2e, and Scope 3 emissions of approximately 119.2 million kg CO2e.
Mabanee Company K.P.S.C. has set several climate commitments. They aim to reduce their Scope 1 emissions to near zero by the middle of this decade (2025) and have a target to reduce Scope 1 emissions by 50% from 2021 levels by 2030. Similarly, they aim to reduce their Scope 2 emissions to near zero by the middle of this decade (2025) and have a target to reduce Scope 2 emissions by 50% from 2021 levels by 2030. All reported emissions data are directly from Mabanee Company K.P.S.C. itself, not cascaded from a parent or related organisation.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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