Altarea SCA Sustainability Profile
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 71 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altarea SCA's reported carbon emissions
In 2024, Altarea SCA reported total carbon emissions of approximately 776,000,000 kg CO2e. This includes Scope 1 emissions of about 1,002,000 kg CO2e, Scope 2 emissions of approximately 1,908,000 kg CO2e (with a market-based approach accounting for 166,000 kg CO2e), and significant Scope 3 emissions of around 738,158,000 kg CO2e, primarily from the use of sold products (231,000,000 kg CO2e). In 2023, the company’s total emissions were about 910,000,000 kg CO2e, with Scope 1 at 1,226,000 kg CO2e, Scope 2 at approximately 532,000 kg CO2e (market-based), and Scope 3 emissions reaching around 878,176,000 kg CO2e. Altarea SCA has set ambitious reduction targets, aiming for a GHG emission volume between 850,000 and 950,000 tonnes CO2e by 2030, representing a reduction of 39% to 46% compared to 2019 levels. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the company is committed to transitioning to 100% renewable electricity across its managed and owned assets by 2030. The company has demonstrated a commitment to reducing its carbon footprint, with previous targets including a 70% reduction in Scope 1 and 2 emissions by 2020, which reflects its ongoing efforts to enhance sustainability practices within its operations.
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| 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,000 | - | - | 000,000 | 000,000 | 000,000 |
| Scope 3 | 4,222,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Altarea SCA's Industry?
How Carbon Intensive is Altarea SCA's Location?
Altarea SCA's Scope 3 Categories Breakdown
Altarea SCA's Scope 3 emissions, which decreased by 16% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the primary emissions source at 31% of Scope 3 emissions.
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Altarea SCA'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.
Altarea SCA 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.
