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Lodha, or Macrotech Developers, is a publicly listed company headquartered in Mumbai, India. Macrotech is one of the largest real estate companies in India. It is primarily involved in the development of commercial, residential and mixed-use properties, as well as the construction of integrated communities.
Summary
Lodha is a top performer in the 2024 Urban Benchmark, with consistent reporting and progress across multiple urban sustainability topics. The company performs well in stakeholder engagement by disclosing its process, channels and frequency of engagement, addressing obstacles and engaging with marginalised stakeholders. It also conducts human rights due diligence to identify and mitigate risks in its operations and value chain. Additionally, the company ensures that 100% of its development portfolio and assets are insured against natural disasters, which is crucial for ensuring business continuity and protecting investments in the face of increasingly frequent and severe climate-related eventsamid various natural disaster risks.
Lodha has established science-based targets to reduce absolute scope 1 and 2 emissions and is also committed to reducing its scope 3 emissions. However, it reports an increase in its combined scope 1 and 2 location-based emissions and scope 3 emissions. This indicates a need for the company to reassess its strategies and implement more effective measures to meet its climate goals. Additionally, while the company reports on water consumption and measures to reduce water withdrawal and shows consistent reductions, it can strengthen its efforts to report and reduce its impact on water quality.
Ranking position
#3
/300
Total score
42.6
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
26.7
/100
Rank (0-300)
#27
Measurement area
Inclusive Cities
Score
# 1
55.8
/100
Rank (0-300)
#5
Measurement area
Healthy Cities
Score
# 1
32.8
/100
Rank (0-300)
#3
Measurement area
Climate Proof & Resilient Cities
Score
# 1
55.8
/100
Rank (0-300)
#1
Measurement area
Core Social Indicators
Score
# 1
41.7
/100
Rank (0-300)
#13
Industries
Industries
Real estate
#1
More about the company
Headquarters
India
Ownership structure
Public
Revenue
USD 1,223 billion (2022)
Number of employees
4200 (2022)
Website
https://www.lodhagroup.in
63716
