Public Profile

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.

19

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.

4

Industry Benchmark

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.

50%

Phoenix Mills's reported carbon emissions

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.

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202220232024
Scope 1
2,560
0,000
0,000
Scope 2
13,073,000
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Phoenix Mills's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Phoenix Mills is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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