Mabanee Company (K.P.S.C)
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Mabanee Company (K.P.S.C)'s score of 27 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mabanee Company (K.P.S.C)'s reported carbon emissions
In 2023, Mabanee Company (K.P.S.C), headquartered in Kuwait, reported total carbon emissions of approximately 120,952,400 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 1,640,800 kg CO2e, primarily from mobile combustion, while Scope 2 emissions accounted for approximately 87,322,800 kg CO2e. Scope 3 emissions totalled around 120,952,400 kg CO2e, which included significant contributions from downstream leased assets and waste generated in operations. In 2022, the company recorded total emissions of about 222,098,200 kg CO2e, with Scope 1 emissions at approximately 34,700 kg CO2e, Scope 2 at about 102,899,100 kg CO2e, and Scope 3 emissions reaching approximately 119,164,400 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. Mabanee has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions across all three scopes, demonstrating a commitment to transparency in their environmental impact. The company’s emissions intensity metrics, such as Scope 2 intensity per square metre, reflect ongoing efforts to manage and understand their carbon footprint.
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| 2020 | 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 |
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.
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.
