Magicbricks Realty Services Limited, headquartered in India, is a leading player in the real estate industry, specialising in property listings, market insights, and digital solutions for buyers and sellers. Founded in 2006, the company has established a strong presence across major Indian cities, including Mumbai, Delhi, and Bengaluru, making it a go-to platform for real estate transactions. The core offerings of Magicbricks include a comprehensive property portal, innovative tools for property valuation, and a user-friendly interface that enhances the buying and selling experience. What sets Magicbricks apart is its commitment to providing accurate market data and personalised services, ensuring clients make informed decisions. With a significant market share and numerous accolades, Magicbricks continues to redefine the real estate landscape in India, solidifying its position as a trusted name in the sector.
How does Magicbricks Realty Services Limited'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 Business 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.
Magicbricks Realty Services Limited's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Magicbricks Realty Services Limited, headquartered in India, currently does not have specific carbon emissions data available for recent years. The company is a current subsidiary of Bennett, Coleman & Co. Ltd, which may influence its sustainability practices and reporting. As of now, there are no documented reduction targets or climate pledges from Magicbricks Realty Services Limited. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate commitments. In the context of the real estate industry, many companies are increasingly focusing on reducing their carbon footprints and aligning with global climate goals. However, without concrete data or commitments from Magicbricks, it is challenging to assess their current environmental impact or future plans.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Magicbricks Realty Services Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
