Prestige Group
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Prestige Group's score of 13 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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Prestige Group's reported carbon emissions
In 2024, Prestige Group reported total carbon emissions of approximately 1,507,154,900 kg CO2e, comprising about 12,975,900 kg CO2e from Scope 1 and approximately 1,494,568,000 kg CO2e from Scope 2 emissions. This marks a significant increase from 2023, where emissions were about 116,322,330 kg CO2e, with Scope 1 emissions at approximately 7,789,990 kg CO2e and Scope 2 emissions at about 108,322,340 kg CO2e. In 2022, the company recorded emissions of approximately 77,914,430 kg CO2e, with Scope 1 at about 7,491,430 kg CO2e and Scope 2 at approximately 70,275,530 kg CO2e. Despite the increase in emissions, there are currently no specific reduction targets or climate pledges disclosed by Prestige Group. The emissions data is cascaded from its parent company, Prestige Estates Projects Limited, which is the source of the reported figures. The company has not yet established Science-Based Targets Initiative (SBTi) reduction targets or other formal climate commitments, indicating a potential area for future development in their sustainability strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 7,491,430 | 0,000,000 | 00,000,000 |
| Scope 2 | 70,275,530 | 000,000,000 | 0,000,000,000 |
| 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.
Prestige Group 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.
