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 24 is lower than 56% 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 figure includes Scope 1 emissions of about 308,000 kg CO2e, Scope 2 emissions of approximately 10,000 kg CO2e, and Scope 3 emissions totalling around 1,200,000 kg CO2e, which encompasses capital goods and purchased goods and services. The company has demonstrated a commitment to transparency in its emissions reporting, with data disclosed across all three scopes. However, there are currently no specific reduction targets or climate pledges outlined in their initiatives. The absence of documented reduction targets suggests that while Puravankara Limited is actively measuring its emissions, it may not yet have formalised strategies for significant reductions. In comparison, the previous year, 2022, saw total emissions of about 2,071,000 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 included Scope 1 emissions of approximately 343,000 kg CO2e, Scope 2 emissions of about 3,000 kg CO2e, and Scope 3 emissions of around 1,000,000 kg CO2e. Overall, while Puravankara Limited is actively tracking its carbon footprint, the lack of reduction targets highlights an area for potential improvement in their climate strategy.
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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.
