Majid Al Futtaim
Majid Al Futtaim, a leading shopping mall, retail, and leisure pioneer in the Middle East, was founded in 1992 and is headquartered in Dubai, UAE. The company operates across various regions, including the GCC, North Africa, and beyond, establishing a strong presence in the retail and entertainment sectors. Specialising in shopping malls, retail, and leisure experiences, Majid Al Futtaim is renowned for its unique offerings, such as the Carrefour hypermarket chain and iconic destinations like Mall of the Emirates. The company has achieved significant milestones, including the development of innovative retail concepts and sustainable practices that set it apart in the industry. With a commitment to enhancing customer experiences, Majid Al Futtaim has solidified its market position as a trusted brand, recognised for its contributions to the region's economic growth and community development.
DitchCarbon Score
How does Majid Al Futtaim'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.
Industry Average
Mean score of companies in the Retail Trade 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.
Industry Benchmark
Majid Al Futtaim's score of 39 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Majid Al Futtaim's reported carbon emissions
In 2023, Majid Al Futtaim reported total greenhouse gas emissions of approximately 2.6 million tonnes CO2e from Scope 1, 147,966 tonnes CO2e from Scope 2, and about 2.6 million tonnes CO2e from Scope 3 emissions. This reflects a significant commitment to reducing their carbon footprint across various operational scopes. The company has set ambitious targets to reduce its emissions by 2035, aiming for an 87.8% reduction in Scope 1 and 2 emissions per square metre from a 2019 baseline. Additionally, they plan to cut Scope 3 emissions from purchased goods and services, waste generated in operations, and other categories by 57.3% per square metre within the same timeframe. For its Lifestyle division, Majid Al Futtaim is targeting a 40% reduction in absolute Scope 1 and 2 emissions and an 81.5% reduction in Scope 3 emissions by 2035. Similar targets are set for its Leisure, Entertainment, and Cinema sectors, as well as its Retail division, which aims for a 40% reduction in absolute emissions and a 78.3% reduction in Scope 3 emissions. These commitments align with the Science Based Targets initiative (SBTi) and reflect the company's dedication to sustainability and climate action, contributing to global efforts to limit temperature rise to well below 2°C.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 18,230,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 366,949,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 295,661,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Majid Al Futtaim is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
