CDL Hospitality Trusts, commonly referred to as CDLHT, is a leading hospitality real estate investment trust headquartered in Singapore (SG). Established in 2006, CDLHT focuses on the acquisition and management of a diverse portfolio of hotels and serviced residences across key markets in Asia and the Pacific. With a commitment to delivering exceptional guest experiences, CDLHT offers unique properties that cater to both leisure and business travellers. The trust has achieved significant milestones, including a robust market position as one of the largest hospitality REITs in the region. CDLHT's strategic approach to property management and investment has garnered recognition within the industry, making it a prominent player in the hospitality sector. Its dedication to sustainability and innovation further distinguishes CDLHT in a competitive landscape.
How does Cdl Hospitality Trusts'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.
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.
Cdl Hospitality Trusts's score of 35 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CDL Hospitality Trusts reported total carbon emissions of approximately 53,289,000 kg CO2e. This figure includes Scope 1 emissions of about 405,000 kg CO2e, Scope 2 emissions of approximately 721,000 kg CO2e, and significant Scope 3 emissions totalling around 52,163,000 kg CO2e. The Scope 3 emissions breakdown highlights contributions from business travel (189,000 kg CO2e), downstream leased assets (approximately 42,884,000 kg CO2e), waste generated in operations (845,000 kg CO2e), and fuel and energy-related activities (about 8,245,000 kg CO2e). CDL Hospitality Trusts has committed to achieving net-zero emissions across all scopes by 2050, as part of their long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which underscores their dedication to sustainable practices within the hospitality sector. The company is headquartered in Singapore and operates within the Hotels, Restaurants, and Leisure, and Tourism Services sector.
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Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 405,000 | 000,000 |
Scope 2 | 721,000 | 000,000 |
Scope 3 | 52,163,000 | 00,000,000 |
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.
Cdl Hospitality Trusts is committed to some reduction initiatives 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.