Prestige Group, officially known as Prestige Estates Projects Limited, is a leading real estate development company headquartered in India. Established in 1986, the firm has made significant strides in the property sector, primarily operating in major cities such as Bangalore, Hyderabad, and Chennai. Specialising in residential, commercial, and retail developments, Prestige Group is renowned for its innovative designs and commitment to quality. The company has successfully delivered numerous landmark projects, earning a reputation for excellence in the industry. With a diverse portfolio that includes luxury apartments, integrated townships, and commercial spaces, Prestige Group stands out for its customer-centric approach and sustainable practices. As a market leader, the company has received multiple awards, solidifying its position as a trusted name in the Indian real estate landscape.
How does Prestige Group'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 Real Estate 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.
Prestige Group's score of 14 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Prestige Group reported significant carbon emissions, totalling approximately 8,000,000 kg CO2e for Scope 1 and about 108,000,000 kg CO2e for Scope 2. This indicates a substantial carbon footprint associated with their operations. The following year, 2024, emissions increased, with Scope 1 emissions reaching about 12,975,900 kg CO2e and Scope 2 emissions soaring to approximately 1,494,564,080 kg CO2e. Despite these figures, there are currently no disclosed reduction targets or climate pledges from Prestige Group. The absence of specific initiatives or commitments highlights a potential area for improvement in their climate strategy. As the company continues to operate within the global market, addressing these emissions and establishing clear reduction goals will be crucial for aligning with industry standards and responding to growing environmental concerns.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 7,789,990 | 00,000,000 |
Scope 2 | 108,322,340 | 0,000,000,000 |
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.
Prestige Group 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.