PSP Projects Limited Sustainability Profile
PSP Projects Limited, a prominent player in the construction and project management industry, is headquartered in India. Established in 2008, the company has rapidly expanded its operations across various regions, including Gujarat, Maharashtra, and Rajasthan. PSP Projects is renowned for its expertise in civil engineering, infrastructure development, and real estate, offering a diverse range of services that include residential, commercial, and industrial projects. With a commitment to quality and innovation, PSP Projects has achieved significant milestones, including numerous awards for excellence in construction. The company’s unique approach combines advanced technology with sustainable practices, positioning it as a leader in the market. As a trusted partner in the construction sector, PSP Projects Limited continues to set benchmarks for quality and efficiency, solidifying its reputation as a reliable choice for clients across India.
DitchCarbon Score
How does PSP Projects Limited'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 Construction Work 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
PSP Projects Limited's score of 10 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PSP Projects Limited's reported carbon emissions
In 2023, PSP Projects Limited reported total carbon emissions of approximately 8,829,280 kg CO2e, comprising 8,829,860 kg CO2e from Scope 1 and 5,694,420 kg CO2e from Scope 2 emissions. This data reflects a commitment to transparency in their environmental impact, although no Scope 3 emissions data has been disclosed. Comparatively, in 2022, the company recorded total emissions of about 8,566,480 kg CO2e, with 5,371,320 kg CO2e from Scope 1 and 2,992,160 kg CO2e from Scope 2. This indicates a slight increase in emissions year-on-year, which may warrant further investigation into their operational practices and energy consumption. PSP Projects Limited has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The absence of such commitments suggests a potential area for improvement in aligning with industry standards for climate action. The company’s emissions intensity per rupee of turnover for 2023 was approximately 0.00088 kg CO2e, indicating their emissions relative to revenue. This metric can serve as a benchmark for future performance assessments. Overall, while PSP Projects Limited has made strides in reporting their emissions, the lack of reduction targets and initiatives highlights an opportunity for enhanced climate leadership within the construction sector in India.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 5,371,320 | 0,000,000 |
| Scope 2 | 2,992,160 | 0,000,000 |
| Scope 3 | - | - |
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PSP Projects Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
PSP Projects Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
