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.
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 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.
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Phoenix Mills's reported carbon emissions
In 2023, Phoenix Mills reported total carbon emissions of approximately 24,113,510 kg CO2e, comprising 2,510 kg CO2e from Scope 1 and 24,110,000 kg CO2e from Scope 2 emissions. The previous year, 2022, the company recorded similar emissions with 2,510 kg CO2e from Scope 1 and 23,301,000 kg CO2e from Scope 2. This indicates a slight increase in Scope 2 emissions year-on-year. Phoenix Mills has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. Their emissions intensity metrics show a Scope 1 and 2 emission intensity of about 0.00061 kg CO2e per rupee of turnover in 2023 and 0.00063 kg CO2e in 2024, alongside an intensity of approximately 0.571 kg CO2e per square metre of physical output in 2023. The company does not inherit emissions data from a parent organisation, and all reported figures are directly from The Phoenix Mills Limited. As of now, there are no significant climate commitments or reduction initiatives documented.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 2,510 | 0,000 |
| Scope 2 | 23,301,000 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions 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 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.
