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 71 is higher than 84% 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 1,931,000 kg CO2e, with Scope 1 emissions at about 1,002,000 kg CO2e, Scope 2 emissions at approximately 1,908,000 kg CO2e (with a market-based total of 166,000 kg CO2e), and Scope 3 emissions reaching about 738,158,000 kg CO2e, primarily from the use of sold products (231,000,000 kg CO2e). This represents a significant reduction from 2023, where total emissions were about 3,076,000 kg CO2e. Altarea SCA has set ambitious climate commitments, targeting a reduction in greenhouse gas (GHG) emissions of 39% to 46% by 2030 compared to 2019 levels. Specifically, the Group aims for Scope 1 and Scope 2 emissions to fall to between 850,000 and 950,000 tonnes CO2e by 2030. Additionally, they are committed to transitioning to 100% renewable electricity across their managed and owned properties by 2030. The company has previously achieved a 70% reduction in Scope 1 and 2 emissions by 2020, demonstrating a strong commitment to sustainability. Altarea SCA's emissions data is independently reported and does not cascade from any parent organization, ensuring transparency in their climate impact reporting.
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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 |
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 participating in any 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.
