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 27 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 2023, Mabanee Company (K.P.S.C), headquartered in Kuwait, reported total carbon emissions of approximately 120,952,400 kg CO2e. This figure includes 1,640,800 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 87,322,800 kg CO2e from Scope 2 emissions, which are associated with purchased electricity. Additionally, Scope 3 emissions accounted for about 120,952,400 kg CO2e, with significant contributions from downstream leased assets and waste generated in operations. Over the years, Mabanee has shown fluctuations in its emissions. In 2022, total emissions were approximately 222,098,200 kg CO2e, with Scope 1 emissions at 34,700 kg CO2e, Scope 2 at 102,899,100 kg CO2e, and Scope 3 at 119,164,400 kg CO2e. The company reported a total of 179,012,000 kg CO2e in 2021 and 160,042,000 kg CO2e in 2020, indicating a trend of increasing emissions over these years. Despite these figures, Mabanee has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies suggests that while the company is aware of its emissions, it may not yet have formalised commitments to reduce them in line with industry standards or climate pledges.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 137,000 | 00,000 | 00,000 | 0,000,000 |
Scope 2 | 159,860,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 45,000 | 00,000 | 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 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.