Phoenix Mills Sustainability Profile
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 18 is lower than 88% 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 emissions of approximately 24,113,510 kg CO2e, comprising 2,510 kg CO2e from Scope 1 and 24,101,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the total emissions were approximately 13,029,560 kg CO2e, with Scope 1 emissions at 2,560 kg CO2e and Scope 2 emissions at 13,073,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Phoenix Mills has not set any specific reduction targets or initiatives as part of their climate commitments, nor have they reported any climate pledges. The absence of disclosed reduction initiatives suggests a need for enhanced focus on sustainability practices within the organisation. The emissions data is sourced directly from The Phoenix Mills Limited, with no cascading from a parent or related organisation.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 2,560 | 0,000 |
| Scope 2 | 13,073,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Phoenix Mills's Industry?
How Carbon Intensive is Phoenix Mills's Location?
Phoenix Mills'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.
Phoenix Mills 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.
