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.
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.
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.
Phoenix Mills's score of 15 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Phoenix Mills reported total carbon emissions of approximately 24,113,510 kg CO2e, comprising 2,510 kg CO2e from Scope 1 and 24,011,000 kg CO2e from Scope 2 emissions. The company has also disclosed emissions data for 2022, which showed similar figures with 2,510 kg CO2e for Scope 1 and 23,301,000 kg CO2e for Scope 2. For 2023, the emission intensity was reported at about 0.00061 kg CO2e per rupee of turnover and 0.571 kg CO2e per square metre of physical output. In 2024, while specific emissions data was not disclosed, the company continues to focus on its emission intensity metrics. Currently, Phoenix Mills has not set any specific reduction targets or climate pledges, nor does it inherit emissions data from a parent company. The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. The company is actively engaged in monitoring its carbon footprint, but further commitments to reduction initiatives are not yet established.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 2,510 | 0,000 |
Scope 2 | 23,301,000 | 00,000,000 |
Scope 3 | - | - |
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.