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Public Profile
Real Estate Services
AE
updated a month ago

RAK Properties PJSC Sustainability Profile

Company website

RAK Properties PJSC, a prominent real estate development company headquartered in Ras Al Khaimah, United Arab Emirates, has been a key player in the property sector since its establishment in 2006. Specialising in residential, commercial, and mixed-use developments, RAK Properties has successfully delivered a range of innovative projects that cater to diverse market needs. With a strong focus on quality and sustainability, the company has developed notable landmarks across the UAE, enhancing its reputation in the competitive real estate landscape. RAK Properties is recognised for its commitment to excellence, having achieved significant milestones, including the completion of iconic developments that reflect modern living. As a leader in the industry, RAK Properties continues to shape the future of real estate in the region, offering unique properties that stand out for their design and functionality.

DitchCarbon Score

How does RAK Properties PJSC'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.

16

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.

29

Industry Benchmark

RAK Properties PJSC's score of 16 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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RAK Properties PJSC's reported carbon emissions

In 2023, RAK Properties PJSC reported total carbon emissions of approximately 9,088,920 kg CO2e, comprising 1,961,570 kg CO2e from Scope 1 and 7,127,350 kg CO2e from Scope 2 emissions. The Scope 1 emissions included 36,380 kg CO2e from mobile combustion and 1,899,120 kg CO2e from fugitive emissions. The Scope 2 emissions were primarily from purchased electricity (4,345,330 kg CO2e) and purchased cooling (2,782,010 kg CO2e). In 2022, the company recorded total emissions of about 8,348,860 kg CO2e, with Scope 1 emissions at 1,862,790 kg CO2e and Scope 2 emissions at 6,486,070 kg CO2e. The trend indicates a slight increase in emissions from 2021, where total emissions were approximately 10,064,190 kg CO2e. RAK Properties PJSC has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate commitments. Overall, RAK Properties PJSC's emissions profile highlights the need for enhanced climate strategies to address its carbon footprint effectively.

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202120222023
Scope 1
2,753,290
0,000,000
0,000,000
Scope 2
7,310,900
0,000,000
0,000,000
Scope 3
-
-
-

How Carbon Intensive is RAK Properties PJSC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. RAK Properties PJSC's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is RAK Properties PJSC's Location?

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. This request for RAK Properties PJSC is in AE, which has a medium grid carbon intensity relative to other regions.

RAK Properties PJSC'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.

RAK Properties PJSC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare RAK Properties PJSC's Emissions with Industry Peers

Majid Al Futtaim Properties LLC

AE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Lendlease Group

AU
•
Real estate services (70)
Updated 6 days ago

Union Properties Public Joint Stock Company

AE
•
Real estate services (70)
Updated 6 days ago

Frasers Property Limited

SG
•
Real estate services (70)
Updated 4 days ago

Emaar

AE
•
Real estate services (70)
Updated 6 days ago

Brookfield Properties

US
•
Real estate services (70)
Updated 6 days ago

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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

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