Phoenix Mills
Phoenix Mills Limited, headquartered in India, is a prominent player in the real estate and retail industry. Established in 1905, the company has evolved significantly, marking key milestones such as the development of iconic retail destinations across major cities in India, including Mumbai and Pune. Specialising in the development and management of retail and commercial properties, Phoenix Mills is renowned for its innovative shopping malls and mixed-use developments. Their flagship projects, such as Phoenix Marketcity, offer a unique blend of shopping, dining, and entertainment experiences, setting them apart in a competitive market. With a strong market position, Phoenix Mills has received numerous accolades for its contributions to urban development and retail excellence, solidifying its reputation as a leader in the industry.
DitchCarbon Score
How does Phoenix Mills'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 Business 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
Phoenix Mills's score of 21 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Phoenix Mills's reported carbon emissions
In 2023, Phoenix Mills reported total carbon emissions of approximately 23,301,000 kg CO2e from Scope 2 and about 2,510 kg CO2e from Scope 1, resulting in a combined total of approximately 23,303,510 kg CO2e. This represents a slight decrease in Scope 1 emissions compared to 2022, where they recorded about 2,560 kg CO2e, while Scope 2 emissions increased from approximately 13,073,000 kg CO2e in 2022. For 2024, the company anticipates a further reduction in Scope 1 emissions, maintaining at about 2,510 kg CO2e, while Scope 2 emissions are projected to rise to approximately 24,101,000 kg CO2e. This indicates a trend of stabilising Scope 1 emissions despite fluctuations in Scope 2. Phoenix Mills has not disclosed any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction initiatives suggests a need for enhanced climate strategies to align with industry standards and expectations for sustainability.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,560 | 0,000 | 0,000 |
| Scope 2 | 13,073,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Phoenix Mills is not participating in any of the initiatives that 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.
