Union Properties Public Joint Stock Company
Union Properties Public Joint Stock Company, commonly referred to as Union Properties, is a prominent player in the real estate sector, headquartered in Dubai, United Arab Emirates. Established in 1987, the company has made significant strides in property development, management, and investment, focusing primarily on residential, commercial, and mixed-use projects across the UAE. With a diverse portfolio that includes iconic developments such as the MotorCity and Dubai Autodrome, Union Properties stands out for its commitment to quality and innovation. The company has achieved notable milestones, including successful partnerships and strategic expansions, solidifying its position as a leader in the competitive real estate market. Union Properties continues to shape the landscape of the UAE, delivering unique and sustainable living solutions that cater to the evolving needs of its clientele.
DitchCarbon Score
How does Union Properties Public Joint Stock Company'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
Union Properties Public Joint Stock Company's score of 21 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Union Properties Public Joint Stock Company's reported carbon emissions
In 2021, Union Properties Public Joint Stock Company reported significant carbon emissions, totalling approximately 585,182,000 kg CO2e for Scope 1 and about 387,152,000 kg CO2e for Scope 2. This data reflects the company's operational impact on the environment, with a combined total of around 972,334,000 kg CO2e from these two scopes. The company has set ambitious climate commitments, aiming for Carbon Neutrality by 2030. This target encompasses both Scope 1 and Scope 2 emissions, demonstrating a proactive approach to environmental stewardship. The commitment to achieving net-zero emissions is part of a broader strategy to support and protect the environment, with initiatives expected to commence in 2023. Union Properties has not disclosed any Scope 3 emissions data, indicating a potential area for future focus. The company's climate initiatives are crucial in the context of the real estate and property management industry, where reducing carbon footprints is increasingly vital for sustainability and regulatory compliance.
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| 2021 | |
|---|---|
| Scope 1 | 585,182,000 |
| Scope 2 | 387,152,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Union Properties Public Joint Stock Company is not participating in any of the initiatives that 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.
