Majid Al Futtaim

Majid Al Futtaim, headquartered in AE, operates in the retail trade services sector.

In 2023, Majid Al Futtaim reported Scope 3 emissions of approximately 48,260,000 kg CO2e, alongside Scope 1 and 2 market-based emissions of approximately 637,231,000 kg CO2e and location-based emissions of approximately 691,091,000 kg CO2e. For 2022, Scope 3 emissions were approximately 53,929,000 kg CO2e, with Scope 1 and 2 market-based emissions at about 756,398,000 kg CO2e and location-based emissions at around 838,402,000 kg CO2e. In 2021, Scope 3 emissions were approximately 57,857,000 kg CO2e, with Scope 1 and 2 market-based emissions at about 787,372,000 kg CO2e and location-based emissions at around 813,322,000 kg CO2e.

Majid Al Futtaim has set ambitious climate commitments, aiming for net zero carbon emissions by 2050, aligned with Science Based Targets. Their Properties business is targeting an 87.8% intensity reduction in Scope 1 emissions (kg CO2e/m²) by 2035, from a 2019 baseline. Their Lifestyle business aims for a 40% absolute reduction in Scope 2 emissions (kg CO2e) by 2035, also from a 2019 baseline.