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 24,010,000 kg CO2e from Scope 2 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with a Scope 1 and Scope 2 emission intensity of about 0.076 kg CO2e per rupee of turnover. In 2022, the emissions were similar, with 2,510 kg CO2e from Scope 1 and 23,301,000 kg CO2e from Scope 2, indicating a stable emission profile over the years. Despite these figures, Phoenix Mills has not set specific reduction targets or initiatives as part of its climate commitments. The company does not currently disclose any Scope 3 emissions data, which could provide a more comprehensive view of its overall environmental impact. All emissions data is sourced directly from The Phoenix Mills Limited, with no cascaded data from parent or related organizations. Overall, while Phoenix Mills has made strides in tracking its emissions, further commitments and targets would enhance its climate strategy and align it with industry standards for sustainability.
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.