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, with Scope 1 emissions at about 6,700 kg CO2e, Scope 2 emissions (market-based) at approximately 13,700 kg CO2e, and Scope 3 emissions reaching about 26,447,000 kg CO2e. This represents a decrease from 2022, where total emissions were about 13,949,000 kg CO2e, with Scope 1 at approximately 11,900 kg CO2e, Scope 2 (market-based) at about 13,000 kg CO2e, 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. Additionally, the company has committed to reducing absolute Scope 1 and Scope 3 GHG emissions by 30% by 2030 from a 2018 baseline, while continuing to source 100% renewable electricity through 2030. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. The company has previously achieved a significant reduction of approximately 31% in its total carbon footprint from 2013 to 2016. Alstria's ongoing initiatives reflect a strong commitment to sustainability and responsible environmental stewardship within the real estate sector.
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.