Sodic, officially known as Sixth of October Development and Investment Company, is a leading real estate developer headquartered in Egypt (EG). Established in 1996, Sodic has made significant strides in the Egyptian property market, focusing on residential, commercial, and mixed-use developments primarily in Greater Cairo and the North Coast. Renowned for its commitment to quality and innovation, Sodic offers a diverse portfolio of properties, including luxury villas, modern apartments, and commercial spaces. The company has achieved notable milestones, such as the successful launch of several flagship projects that have set new standards in the industry. With a strong market position, Sodic continues to be a key player in shaping Egypt's urban landscape, recognised for its sustainable practices and customer-centric approach.
How does Sodic'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.
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.
Sodic's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Sodic reported total carbon emissions of approximately 307,213,000 kg CO2e. This figure includes 7,842,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 11,111,000 kg CO2e from Scope 2 emissions, primarily related to purchased electricity. The majority of their emissions, about 288,260,000 kg CO2e, fall under Scope 3, which includes indirect emissions from the value chain, such as purchased goods and services (241,262,000 kg CO2e) and employee commuting (8,244,000 kg CO2e). Currently, Sodic has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, the company is aware of the importance of addressing climate change and is likely to consider future commitments in line with industry standards. As a leading organisation in the real estate sector, Sodic's emissions profile highlights the significant impact of operational and supply chain activities on overall carbon emissions.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | |
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Scope 1 | 7,842,000 |
Scope 2 | 11,111,000 |
Scope 3 | 288,260,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sodic is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.