Majid Al Futtaim Sustainability Profile
Majid Al Futtaim, a leading retail and leisure pioneer, is headquartered in the United Arab Emirates (AE) and operates extensively across the Middle East, Africa, and Asia. Founded in 1992, the company has established itself as a key player in the shopping mall, retail, and leisure industries, with notable milestones including the launch of the first Carrefour hypermarket in the region. The company is renowned for its diverse portfolio, which includes shopping malls, hotels, and entertainment venues, alongside its flagship Carrefour brand. Majid Al Futtaim's commitment to innovation and customer experience sets it apart in a competitive market, making it a preferred choice for consumers. With a strong market position, the company has received numerous accolades, solidifying its reputation as a trusted leader in the retail sector.
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 41 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Majid Al Futtaim's reported carbon emissions
In 2023, Majid Al Futtaim reported total carbon emissions of approximately 637,231,000 kg CO2e for Scope 1 and 2, and about 48,260,000 kg CO2e for Scope 3 emissions. This reflects a decrease from 2022, where Scope 1 and 2 emissions were approximately 756,398,000 kg CO2e, and Scope 3 emissions were about 53,929,000 kg CO2e. 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, it targets a 40% reduction in Scope 2 emissions for its Lifestyle business by 2035, also based on 2019 figures. Majid Al Futtaim is committed to achieving net zero carbon emissions by 2050 across all scopes, as part of its net positive carbon commitment. This commitment is designed to align with science-based targets and reflects the company's proactive approach to climate action. The emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by Majid Al Futtaim.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | 57,857,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Majid Al Futtaim's Industry?
How Carbon Intensive is Majid Al Futtaim's Location?
Majid Al Futtaim's Climate Goals (2030 & 2050)
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.
Majid Al Futtaim 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.
