Aitken Spence Sustainability Profile
Aitken Spence PLC, a prominent player in the Sri Lankan business landscape, is headquartered in Colombo, LK. Founded in 1868, the company has evolved into a diversified conglomerate with significant operations across various sectors, including tourism, logistics, manufacturing, and services. With a strong focus on sustainable practices, Aitken Spence is renowned for its unique offerings in the hospitality industry, operating several award-winning hotels and resorts. The company also excels in freight forwarding and supply chain solutions, leveraging advanced technology to enhance efficiency. Recognised for its commitment to quality and innovation, Aitken Spence has achieved notable milestones, including numerous accolades for excellence in service and sustainability. As a leader in its industry, Aitken Spence continues to shape the economic landscape of Sri Lanka and beyond.
DitchCarbon Score
How does Aitken Spence'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 Business 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
Aitken Spence's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aitken Spence's reported carbon emissions
In 2024, Aitken Spence reported total carbon emissions of approximately 93,015,000 kg CO2e. This figure includes 62,001,000 kg CO2e from Scope 1 emissions and 20,799,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions accounted for about 10,235,000 kg CO2e, with significant contributions from business travel (8,235,000 kg CO2e) and waste generated in operations (2,060,000 kg CO2e). The company has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. This long-term target was established in 2023, reflecting Aitken Spence's dedication to addressing climate change and reducing its carbon footprint. In previous years, Aitken Spence's emissions have shown significant fluctuations. For instance, in 2021, total emissions were approximately 350,251,000 kg CO2e, with Scope 1 emissions at 328,331,000 kg CO2e and Scope 2 at 20,392,000 kg CO2e. The company has made strides in reducing its emissions, particularly in Scope 1 and 2, which together totalled 82,800,000 kg CO2e in 2024, down from higher levels in earlier years. Aitken Spence's commitment to sustainability is further underscored by its membership in the BA1.5 initiative, demonstrating its alignment with global climate goals. The company continues to monitor and report its emissions transparently, contributing to the broader industry efforts to combat climate change.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 375,351,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 31,583,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 00,000,000 |
How Carbon Intensive is Aitken Spence's Industry?
How Carbon Intensive is Aitken Spence's Location?
Aitken Spence's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 11% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 80% of Scope 3 emissions.
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Aitken Spence's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aitken Spence has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
