Public Profile

Provident Housing Ltd

Provident Housing Ltd., a prominent player in the Indian real estate sector, is headquartered in Bangalore, Karnataka. Established in 2008, the company has rapidly evolved, focusing on residential development across major operational regions, including Chennai, Hyderabad, and Pune. Specialising in affordable housing, Provident Housing is renowned for its commitment to quality and customer satisfaction. The company offers a diverse range of residential projects, from budget-friendly apartments to premium living spaces, each designed with modern amenities and sustainable practices. With a strong market position, Provident Housing has achieved significant milestones, including numerous awards for excellence in construction and design. Their innovative approach and dedication to creating vibrant communities set them apart in the competitive landscape of Indian real estate.

DitchCarbon Score

How does Provident Housing Ltd'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.

9

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.

15

Industry Benchmark

Provident Housing Ltd's score of 9 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

Provident Housing Ltd's reported carbon emissions

In 2023, Provident Housing Ltd reported total carbon emissions of approximately 703,000 kg CO2e, comprising 5,900 kg CO2e from Scope 1, 89,580 kg CO2e from Scope 2, and 703,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from capital goods (311,000 kg CO2e) and purchased goods and services (343,000 kg CO2e). In 2022, the company recorded total emissions of about 514,000 kg CO2e, with Scope 1 emissions at 557,000 kg CO2e and Scope 2 at 10,000 kg CO2e. This indicates a notable shift in their emissions profile, particularly in Scope 3, which reflects their broader supply chain impacts. Over the years, Provident Housing has demonstrated a commitment to reducing its carbon footprint. In 2021, the company achieved a reduction in Scope 1 emissions to approximately 236,176 kg CO2e and Scope 2 emissions to about 482,995 kg CO2e. This trend continued into 2024, where Scope 1 emissions decreased to 17,110 kg CO2e and Scope 2 emissions increased to 186,330 kg CO2e. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Provident Housing Ltd. The company continues to focus on improving its energy intensity and overall sustainability practices, aligning with industry standards for climate action.

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Add to project
20202021202220232024
Scope 1
708,115
000,000
000,000
0,000
00,000
Scope 2
664,783
000,000
00,000
00,000
000,000
Scope 3
-
-
000,000
000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Provident Housing Ltd's primary industry is Real estate services (70), 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. Provident Housing Ltd 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.

Provident Housing Ltd 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?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers