Altarea SCA
Altarea SCA, headquartered in France, is a prominent player in the real estate and urban development industry. Founded in 2003, the company has established itself as a leader in the development of mixed-use properties, shopping centres, and residential projects across major regions in France and beyond. With a focus on sustainable urban planning, Altarea SCA offers innovative solutions that blend commercial and residential spaces, enhancing community living. The company is recognised for its commitment to quality and sustainability, having achieved significant milestones in eco-friendly development. As a key market participant, Altarea SCA has garnered accolades for its strategic projects, positioning itself as a trusted name in the real estate sector. Its unique approach to integrating lifestyle and commerce sets it apart, making it a preferred choice for investors and communities alike.
DitchCarbon Score
How does Altarea SCA'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 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.
Industry Benchmark
Altarea SCA's score of 43 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Altarea SCA's reported carbon emissions
In 2023, Altarea SCA reported total carbon emissions of approximately 26,000,000 kg CO2e, comprising 1,226,000 kg CO2e from Scope 1, 26,000,000 kg CO2e from Scope 2, and 878,176,000 kg CO2e from Scope 3 emissions. This represents a significant increase in Scope 1 emissions compared to 2022, where they were about 898,000 kg CO2e, and a notable rise in Scope 2 emissions from approximately 9,000,000 kg CO2e in 2022. Scope 3 emissions also decreased from about 1,065,877,000 kg CO2e in 2022. Despite these figures, Altarea SCA has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not committed to any science-based targets or climate pledges, indicating a potential area for improvement in their climate strategy. As a major player in the real estate sector, Altarea's emissions profile reflects the broader industry challenges in addressing carbon emissions, particularly in Scope 3 categories, which often encompass the largest share of total emissions.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 825,000 | 000,000 | 0,000,000 |
| Scope 2 | 565,000 | 000,000 | 000,000 |
| Scope 3 | 1,534,691,000 | 0,000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Altarea SCA is not committed to any 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.
