Puravankara Limited Sustainability Profile
Puravankara Limited, a prominent player in the Indian real estate sector, is headquartered in Bengaluru, Karnataka. Founded in 1975, the company has established a strong presence across major operational regions, including Mumbai, Pune, and Chennai. Specialising in residential and commercial properties, Puravankara is renowned for its commitment to quality and innovation, offering a diverse portfolio that includes luxury apartments, integrated townships, and commercial spaces. With a legacy of over four decades, Puravankara has achieved significant milestones, including the launch of several award-winning projects that reflect modern living standards. The company’s unique approach combines sustainable practices with cutting-edge design, positioning it as a leader in the competitive real estate market. Notably, Puravankara has garnered recognition for its customer-centric initiatives, further solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does Puravankara 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 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
Puravankara Limited's score of 21 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Puravankara Limited's reported carbon emissions
In 2023, Puravankara Limited reported total carbon emissions of approximately 2,695,000 kg CO2e. This includes Scope 1 emissions of about 308,000 kg CO2e, Scope 2 emissions of around 10,000 kg CO2e, and significant Scope 3 emissions totalling approximately 1,200,000 kg CO2e, with capital goods contributing about 311,000 kg CO2e and purchased goods and services accounting for approximately 343,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 2,071,000 kg CO2e, with Scope 1 emissions at approximately 343,000 kg CO2e, Scope 2 emissions at around 3,000 kg CO2e, and Scope 3 emissions reaching about 1,000,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. Puravankara Limited has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from a parent or related organization, and its climate strategy remains unspecified. The absence of reduction targets suggests a need for further development in their sustainability efforts.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 343,000 | 000,000 |
| Scope 2 | 3,000 | 00,000 |
| Scope 3 | 1,000,000 | 0,000,000 |
How Carbon Intensive is Puravankara Limited's Industry?
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Puravankara Limited's Scope 3 Categories Breakdown
Puravankara Limited's Scope 3 emissions, which increased by 20% last year and increased by approximately 20% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 79% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 29% of Scope 3 emissions.
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Puravankara 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.
Puravankara 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.
