Mindspace Business Parks REIT

Country
India
Sector
Real Estate
Industry
REIT - Office
Employees
N/A
Ticker
MINDSPACE
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Mindspace Business Parks REIT is a publicly listed Real Estate Investment Trust dedicated to investing in income-generating office spaces. Primarily focusing on commercial properties, Mindspace Busine...

Mindspace Business Parks REIT's Climate Target Data Preview

As of 2024, Mindspace Business Parks REIT has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Mindspace Business Parks REIT ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind Mindspace Business Parks REIT’s Climate Targets Data

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a. Mindspace Business Parks REIT's ESG Report 2024
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Insights into Mindspace Business Parks REIT's Greenhouse Gas Emissions Pathways

As of 2024, Mindspace Business Parks REIT has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Mindspace Business Parks REIT have a target to reduce the emissions from its operations?

As of 2024, Mindspace Business Parks REIT has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Mindspace Business Parks REIT's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 81,556 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Mindspace Business Parks REIT is ahead of schedule on its operational emissions reduction target, having achieved 72.74% of the planned reduction. a

Mindspace Business Parks REIT's Operational (Scope 1+2) Emissions Pathway

2020202420252030025 k50 k75 k100 kBaselineCurrent (-31%)Target 2030 (-42%)
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