- Rapid transformations driven by technological advancements, shifting stakeholder needs and expectations, and growing environmental concerns
- Urbanisation and population growth driving demand for sustainable infrastructure
- Social and political instability negatively impacting markets and supply chains
- Climate risks in MENA region (rising temperatures, water stress, extreme weather events)
Majid Al Futtaim
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
π Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 147.6K tCO2e (Scope 1) + 666218 tCO2e (Scope 2) + 214097 tCO2e (Scope 3) |
| 2020-2022 | 19.5K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
β Reported Environmental Achievements
- Expanded green-certified portfolio to 54 assets
- Set science-based carbon reduction targets
- Installed and signed 16 million kWh of renewable energy in 2022
- Phased-out single-use plastic bags across six countries in Majid Al Futtaim β Retail
- Worldβs first hotel portfolio to receive LEED Platinum certification
- Secured BREEAM Excellent Communities certification for Tilal Al Ghaf
π― Climate & Sustainability Targets
π Short-term
- Phase-out single-use plastics within operational control by 2025
- Reduce food waste by over 50% by 2028
π Medium-term
- Achieve various targets outlined in 11 SBCs by 2028
π Long-term
- Become net positive in carbon by 2040
- Become net positive in water by 2040
π± ESG Focus Areas
Rethinking ResourcesTransforming LivesEmpowering Our People