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 19 is higher than 50% 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 carbon emissions of approximately 25,510 kg CO2e from Scope 1 and about 23,101,000 kg CO2e from Scope 2. This represents a slight decrease in Scope 1 emissions from 2,560 kg CO2e in 2022 to 2,510 kg CO2e in 2023, while Scope 2 emissions increased from 13,073,000 kg CO2e in 2022 to 23,301,000 kg CO2e in the same period. For 2024, the company anticipates maintaining Scope 1 emissions at 2,510 kg CO2e, while Scope 2 emissions are projected to rise further to approximately 24,101,000 kg CO2e. Despite these figures, Phoenix Mills has not established specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company’s emissions intensity metrics show a slight increase in emissions per rupee of turnover and per square metre of physical output, highlighting the need for enhanced sustainability strategies.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 2,560 | 0,000 | 0,000 |
Scope 2 | 13,073,000 | 00,000,000 | 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 committed to any reduction initiatives 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.