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 49 is higher than 97% 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 2 emissions accounting for about 1,908,000 kg CO2e. Notably, their Scope 3 emissions from the use of sold products reached a staggering 231,000,000 kg CO2e. In 2023, the company recorded total emissions of about 775,609,000 kg CO2e, primarily from Scope 3, which included 282,000,000 kg CO2e from the use of sold products. Altarea has set ambitious reduction targets, aiming to achieve a greenhouse gas (GHG) emission volume between 850,000 and 950,000 tonnes CO2e by 2030. This represents a significant reduction of 39% to 46% compared to their 2019 emissions levels. The company is also committed to transitioning to 100% renewable electricity across its managed and owned assets by 2030, further enhancing its sustainability profile. Historically, Altarea has made strides in reducing emissions, with a target to cut Scope 1 and 2 emissions by 70% by 2020, which they have previously reported on. Their ongoing initiatives reflect a strong commitment to addressing climate change and reducing their carbon footprint in alignment with industry standards.
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| 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,000 | 0,000,000 | - | 0,000,000 | - | - |
| Scope 2 | 2,000 | - | - | 0,000,000 | - | 0,000,000 |
| Scope 3 | 4,222,000 | - | 000,000,000 | 0,000,000,000 | 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.
