Alstria Office REIT-AG, commonly referred to as Alstria Holdings, is a prominent real estate investment trust headquartered in Germany. Established in 2006, the company has carved a niche in the office property sector, primarily focusing on the acquisition, development, and management of office buildings across major German cities. With a diverse portfolio that includes high-quality office spaces, Alstria Holdings stands out for its commitment to sustainability and innovative property management. The company has achieved significant milestones, including a successful public listing and a robust market presence, making it a key player in the German real estate landscape. Alstria's strategic approach to asset management and its emphasis on tenant satisfaction have solidified its reputation as a leader in the office real estate market.
How does Alstria Holdings'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.
Alstria Holdings's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Alstria Holdings reported total carbon emissions of approximately 12,328,000 kg CO2e. This includes Scope 1 emissions of about 6,700 kg CO2e, Scope 2 emissions of approximately 13,700 kg CO2e (market-based), and significant Scope 3 emissions of around 26,447,000 kg CO2e. The previous year, 2022, saw total emissions of about 13,949,000 kg CO2e, with Scope 1 at 11,900 kg CO2e, Scope 2 at approximately 13,000 kg CO2e (market-based), and Scope 3 at around 30,645,000 kg CO2e. Alstria Holdings has set ambitious climate commitments, aiming for net zero operational emissions by 2045 for both Scope 1 and Scope 2 emissions. This long-term target reflects their commitment to sustainability and aligns with industry standards. Additionally, they have committed to reducing absolute Scope 1 and Scope 3 GHG emissions by 30% by 2030 from a 2018 baseline, while also ensuring that 100% of their electricity is sourced from renewable sources through 2030. The company has previously achieved a 31% reduction in their total carbon footprint from 2013 to 2016, demonstrating their ongoing efforts to mitigate climate impact. Alstria's targets are consistent with the Science Based Targets initiative (SBTi), which supports their commitment to limiting global warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 39,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 00,000 | 0,000 |
Scope 2 | 902,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 44,034,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Alstria Holdings is participating in some of the initiatives that 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.