Macrotech Developers Limited DBA Lodha

Macrotech Developers Limited DBA Lodha, headquartered in India and operating in the Real Estate Services sector, has reported its carbon emissions and committed to ambitious climate targets.

For 2025, Macrotech Developers reported total emissions of approximately 1.408 billion kg CO2e. This includes Scope 1 emissions of 3.18 million kg CO2e, Scope 2 emissions (location-based) of 24.446 million kg CO2e, and Scope 3 emissions of 1.380 billion kg CO2e. Key categories within Scope 3 include use of sold products (approximately 793.116 million kg CO2e) and purchased goods and services (approximately 565.054 million kg CO2e).

In 2024, the company's total emissions were approximately 1.111 billion kg CO2e, comprising 2.232 million kg CO2e from Scope 1, 22.768 million kg CO2e from Scope 2 (location-based), and 1.085 billion kg CO2e from Scope 3.

In 2023, total emissions stood at approximately 879.572 million kg CO2e, with Scope 1 at 1.588 million kg CO2e, Scope 2 (location-based) at 19.91 million kg CO2e, and Scope 3 at 858.074 million kg CO2e.

Looking further back, in 2022, Macrotech Developers reported total emissions of approximately 802.34 million kg CO2e. This included 1.135 million kg CO2e from Scope 1, 16.375 million kg CO2e from Scope 2 (location-based), and 784.83 million kg CO2e from Scope 3.

Macrotech Developers has set Science Based Targets initiative (SBTi) approved targets. The company commits to reaching net-zero greenhouse gas emissions across its value chain by FY2050.

Near-term targets include:

• Reducing absolute Scope 1 and 2 GHG emissions by 97.9% by FY2028 from a FY2022 base year.
• Increasing active annual sourcing of renewable electricity from 19% in FY2022 to 100% by FY2027 and through FY2030.
• Reducing Scope 3 GHG emissions by 51.6% per square metre of area developed by FY2030 from a FY2022 base year.

Long-term targets include:

• Maintaining at least 97.9% absolute Scope 1 and 2 GHG emissions reductions from FY2028 through FY2050 from a FY2022 base year.
• Reducing absolute Scope 3 GHG emissions by 97.9% per square metre of area developed by FY2050 from a FY2022 base year.