Godrej Properties
Godrej Properties Limited, a prominent player in the Indian real estate sector, is headquartered in Mumbai, India. Founded in 1990, the company has established a strong presence across major operational regions, including Maharashtra, Delhi-NCR, and Bengaluru. Specialising in residential, commercial, and township developments, Godrej Properties is renowned for its commitment to sustainability and innovation, integrating green building practices into its projects. With a diverse portfolio that includes luxury apartments, integrated townships, and commercial spaces, the company has achieved significant milestones, such as being the first real estate firm to receive the prestigious ISO certification. Godrej Properties has consistently ranked among the top developers in India, recognised for its quality construction and customer-centric approach, making it a trusted name in the industry.
DitchCarbon Score
How does Godrej Properties'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
Godrej Properties's score of 46 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Godrej Properties's reported carbon emissions
In 2024, Godrej Properties reported total carbon emissions of approximately 1,594,025,040 kg CO2e, with emissions distributed across various scopes: 541,740 kg CO2e (Scope 1), 3,528,690 kg CO2e (Scope 2), and a significant 1,594,025,040 kg CO2e (Scope 3). The combined total for Scope 1 and Scope 2 emissions was about 4,071,000 kg CO2e. The company has set ambitious reduction targets through the Science Based Targets initiative (SBTi). Godrej Properties aims to achieve an 88.5% reduction in Scope 3 emissions by 2026, while committing to a 72.6% reduction in Scope 1 and Scope 2 emissions per square metre by FY2035, based on a FY2021 baseline. This translates to an absolute reduction of approximately 58.8% for these scopes. In 2023, the reported emissions were approximately 1,951,267,000 kg CO2e, with Scope 1 emissions at 529,020 kg CO2e and Scope 2 emissions at 3,375,600 kg CO2e. The company has consistently disclosed emissions data across all three scopes since 2021, demonstrating a commitment to transparency and accountability in its climate strategy. Godrej Properties' initiatives reflect a proactive approach to mitigating climate impact, aligning with global standards for reducing greenhouse gas emissions in the real estate sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 224,000 | 000,000 | - | - | 000,000 | 000,000 |
| Scope 2 | 1,744,000 | 0,000,000 | - | - | 0,000,000 | 0,000,000 |
| Scope 3 | 259,609,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Godrej Properties is participating in some 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.
