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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.
-10 vs industry average
Mabanee Company (K.P.S.C)’s score of 18 is lower than 35% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mabanee Company (K.P.S.C)'s reported carbon emissions
Mabanee Company (K.P.S.C.), a real estate services firm headquartered in Kuwait, has reported its carbon emissions for recent years. In 2024, the company's total emissions were approximately 697.4 million kg CO2e, comprising about 3.5 million kg CO2e from Scope 1, approximately 97.2 million kg CO2e from Scope 2, and around 596.7 million kg CO2e from Scope 3. This marks a significant increase from 2023, when total emissions were approximately 209.9 million kg CO2e (1.6 million kg CO2e Scope 1, 87.3 million kg CO2e Scope 2, and 120.9 million kg CO2e Scope 3). In 2022, Mabanee Company's total emissions stood at about 222.1 million kg CO2e, with Scope 1 at approximately 34,700 kg CO2e, Scope 2 at about 102.9 million kg CO2e, and Scope 3 at roughly 119.2 million kg CO2e. Prior to this, in 2021, total emissions were approximately 179 million kg CO2e (53,000 kg CO2e Scope 1 and 178.9 million kg CO2e Scope 2, with limited Scope 3 data). Mabanee Company has established ambitious climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade (2025). Furthermore, Mabanee has set a target to achieve a 50% reduction in Scope 1 emissions from 2021 levels by 2030, and a similar 50% reduction in Scope 2 emissions from 2021 levels by 2030.
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Mabanee Company (K.P.S.C)’s Climate Goals (2030 & 2050)
4 goals2030
50% reduction in Scope 2
We have set a target to reduce our Scope 2 emissions by 50% from 2021 levels by 2030.
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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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Mabanee Company (K.P.S.C)
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