Prestige Group, also known as Prestige Constructions, is a leading real estate development company headquartered in Bangalore, India. Established in 1986, the company has significantly shaped the property landscape across major operational regions, including Karnataka, Tamil Nadu, and Andhra Pradesh. Specialising in residential, commercial, and retail projects, Prestige Group is renowned for its commitment to quality and innovation. The company has achieved numerous milestones, including the development of over 250 projects, which encompass luxury apartments, integrated townships, and office spaces. With a strong market position, Prestige Group has received multiple awards for excellence in construction and design, solidifying its reputation as a trusted name in the Indian real estate sector. Their unique approach combines modern architecture with sustainable practices, setting them apart in a competitive industry.
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 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Prestige Group reported significant carbon emissions, totalling approximately 14.9 million tonnes CO2e from Scope 1 and about 1.5 billion tonnes CO2e from Scope 2 emissions. This marked an increase from 2023, where emissions were around 7.8 million tonnes CO2e for Scope 1 and approximately 108.3 million tonnes CO2e for Scope 2. Currently, there are no specified reduction targets or commitments under initiatives such as the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). Prestige Group's climate strategy appears to be in the early stages, with no documented reduction initiatives or climate pledges available. As the company navigates its carbon footprint, it is essential for Prestige Group to establish clear reduction targets and engage in industry-standard climate commitments to enhance its sustainability profile.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | 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.