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SOBHA REALTY, a prominent player in the real estate sector, is headquartered in the United Arab Emirates (AE) and operates extensively across various regions. Founded in 1995, the company has established itself within the "Other services" industry, focusing on luxury residential and commercial developments. Known for its commitment to quality and innovation, SOBHA REALTY offers a diverse portfolio of properties that stand out for their architectural excellence and sustainable practices.
With a reputation for delivering exceptional living spaces, SOBHA REALTY has achieved significant milestones, including numerous awards for design and construction. The company’s unique approach combines modern aesthetics with traditional craftsmanship, positioning it as a leader in the competitive real estate market. As it continues to expand, SOBHA REALTY remains dedicated to enhancing the urban landscape while meeting the evolving needs of its clientele.
+3 vs industry average
SOBHA REALTY’s score of 28 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Services has below-average carbon intensity
The Other Services industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
SOBHA REALTY's Carbon Emissions and Climate Commitments
For the reporting year 2024, SOBHA REALTY reported a total of approximately 761.7 million kg CO2e. This figure encompasses Scope 1 emissions of about 71.9 million kg CO2e, Scope 2 emissions of approximately 17.8 million kg CO2e, and Scope 3 emissions totalling around 672.0 million kg CO2e.
In the preceding year, 2023, the company's total emissions were approximately 281.0 million kg CO2e, comprising Scope 1 emissions of about 24.7 million kg CO2e, Scope 2 emissions of approximately 8.7 million kg CO2e, and Scope 3 emissions of roughly 247.5 million kg CO2e.
The emissions data for 2022 shows a total of approximately 221.8 million kg CO2e. This breaks down into Scope 1 emissions of about 20.2 million kg CO2e, Scope 2 emissions of approximately 2.8 million kg CO2e, and Scope 3 emissions totalling around 198.8 million kg CO2e.
Prior to 2023, SOBHA REALTY reported Scope 1 and Scope 2 emissions separately, with Scope 3 data not being disclosed. In 2021, Scope 1 emissions were approximately 11.3 billion kg CO2e and Scope 2 emissions were about 7.5 billion kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 18.7 billion kg CO2e.
For 2020, Scope 1 emissions were reported at approximately 5.2 billion kg CO2e and Scope 2 emissions at around 4.0 billion kg CO2e, making a combined Scope 1 and 2 total of approximately 9.2 billion kg CO2e.
In 2019, SOBHA REALTY's Scope 1 emissions were approximately 8.6 billion kg CO2e, with Scope 2 emissions totalling about 1.8 billion kg CO2e. This leads to a combined Scope 1 and 2 figure of approximately 10.3 billion kg CO2e.
While specific reduction targets are not detailed, the company's reporting includes disclosures for Scope 1, 2, and 3 emissions from 2023 onwards, indicating a growing focus on comprehensive emissions tracking within the other services industry. Missing data points for Scope 3 categories such as purchased goods and services, business travel, and employee commute were noted in their recent reports.
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No climate goals have been disclosed for SOBHA REALTY yet.
No scope 3 category breakdown has been disclosed yet.
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