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 85% 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 approach of about 166,000 kg CO2e), and significant Scope 3 emissions of around 738,158,000 kg CO2e, primarily from the use of sold products (approximately 231,000,000 kg CO2e). Comparatively, in 2023, the company’s total emissions were about 3,076,000 kg CO2e, indicating a notable reduction in emissions year-on-year. The reduction in total emissions from 2023 to 2024 reflects Altarea's commitment to sustainability and carbon footprint reduction. Altarea has set ambitious targets to further reduce its greenhouse gas (GHG) emissions. By 2030, the company aims to achieve a GHG emission volume between 850,000 and 950,000 tonnes CO2e, 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 properties by 2030. Overall, Altarea SCA's climate commitments demonstrate a proactive approach to reducing carbon emissions and enhancing sustainability within the real estate sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,000 | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 4,222,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
