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Mindspace Business Parks REIT, a prominent player in the construction and real estate sector, is headquartered in India. Specialising in the development and management of premium business parks, it operates across key regions within the country, delivering high-quality commercial spaces tailored to modern corporate needs. Established in 2019, Mindspace REIT has quickly gained recognition for its strategic asset portfolio and focus on sustainable, innovative infrastructure solutions.
The company’s core offerings include fully leased business parks and office spaces that cater to multinational corporations and leading Indian firms. Its emphasis on premium design, location advantages, and operational efficiency has positioned it as a notable leader in India’s commercial real estate market. With a strong market presence and a focus on long-term value creation, Mindspace Business Parks REIT continues to shape the landscape of India’s evolving business environment.
+27 vs industry average
Mindspace Business Parks Reit’s score of 51 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Construction Work has above-average carbon intensity
The Construction Work industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Mindspace Business Parks REIT, headquartered in India and operating in the Construction work industry, reported its latest carbon emissions in 2026. The total emissions for 2026 were approximately 360,600,000 kg CO2e. This includes Scope 1 emissions of about 4,550,000 kg CO2e (primarily from mobile combustion), Scope 2 emissions of approximately 49,749,000 kg CO2e (market-based), and various Scope 3 emissions totalling about 153,040,000 kg CO2e from investments and downstream leased assets, and 182,775,000 kg CO2e from purchased goods and services.
Looking back, the company's total emissions were approximately 352,643,000 kg CO2e in 2025 and around 338,629,000 kg CO2e in 2024, with reported Scope 1, 2, and 3 emissions for both years. In 2023, total emissions stood at approximately 231,061,000 kg CO2e, including disclosed Scope 1, 2, and 3 data. For 2022 and 2021, only Scope 1 and Scope 2 emissions were disclosed, with totals of approximately 51,583,000 kg CO2e and 43,075,000 kg CO2e respectively. In 2020, Scope 1 and Scope 2 emissions were reported as approximately 81,566,000 kg CO2e.
Mindspace Business Parks REIT has committed to achieving net-zero emissions, as confirmed by their Science Based Targets initiative (SBTi) commitment. This long-term, all-scopes net-zero target is set for 2050. The company's near-term target status with SBTi is "Committed."
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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Common questions about Mindspace Business Parks Reit’s sustainability data and climate commitments
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