Majid Al Futtaim

In 2023, Majid Al Futtaim reported total carbon emissions of approximately 1,119,831,000 kg CO2e, comprising 637,231,000 kg CO2e from Scope 1 and 2 emissions and 48,260,000 kg CO2e from Scope 3 emissions. This reflects a decrease in Scope 3 emissions from 53,929,000 kg CO2e in 2022 and 57,857,000 kg CO2e in 2021, indicating a commitment to reducing their overall carbon footprint.

The company has set ambitious long-term reduction targets, aiming for an 87.8% reduction in Scope 1 emissions per square metre by 2035, starting from 2019 levels. Additionally, they target a 40% reduction in Scope 2 emissions by 2035, also based on 2019 figures. Furthermore, Majid Al Futtaim is committed to achieving net zero carbon emissions across all scopes by 2050, aligning with their net positive carbon commitment initiated in 2023.

Majid Al Futtaim's emissions data is not cascaded from any parent organization, ensuring that their reported figures reflect their direct operations. The company continues to focus on sustainability initiatives, demonstrating a proactive approach to climate commitments in the retail and property sectors.