Macrotech Developers Limited DBA Lodha

Macrotech Developers Limited (DBA Lodha), headquartered in India and operating in real estate services, reported its 2025 carbon emissions as approximately 1,407.9 million kg CO2e. This total includes around 3.18 million kg CO2e from Scope 1 emissions, 24.45 million kg CO2e from Scope 2 (location-based) emissions, and approximately 1,380.4 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 were use of sold products (approximately 793.1 million kg CO2e) and purchased goods and services (approximately 565.1 million kg CO2e).

Looking back, in 2024, their total emissions were about 1,110.8 million kg CO2e, comprising around 2.23 million kg CO2e (Scope 1), 22.77 million kg CO2e (Scope 2 location-based), and 1,085.9 million kg CO2e (Scope 3). In 2023, the company's total emissions stood at approximately 879.6 million kg CO2e, with Scope 1 at about 1.59 million kg CO2e, Scope 2 (location-based) at 19.91 million kg CO2e, and Scope 3 at around 858.1 million kg CO2e. For 2022, total emissions were approximately 802.3 million kg CO2e, with Scope 1 contributing roughly 1.14 million kg CO2e, Scope 2 (location-based) about 16.38 million kg CO2e, and Scope 3 at around 784.8 million kg CO2e. In 2021, Macrotech Developers Limited disclosed Scope 1 emissions of approximately 1.02 million kg CO2e and Scope 2 emissions of about 21.15 million kg CO2e, but Scope 3 data was not available for this year. No emissions data was disclosed for 2020 or 2019.

Macrotech Developers Limited has set ambitious Science Based Targets initiative (SBTi) approved targets. The company aims to achieve net-zero greenhouse gas emissions across its entire 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. They also commit to increasing active annual sourcing of renewable electricity from 19% in FY2022 to 100% by FY2027 and maintaining it through FY2030. Furthermore, Macrotech Developers Limited plans to reduce 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, and reducing absolute Scope 3 GHG emissions by 97.9% per square metre of area developed by FY2050 from a FY2022 base year.