Altareit SCA, headquartered in France, is a prominent player in the real estate investment sector, specialising in the acquisition and management of high-quality properties across Europe. Founded in 2015, the company has rapidly established itself as a trusted name in the industry, focusing on sustainable and innovative investment strategies. With a diverse portfolio that includes commercial, residential, and mixed-use developments, Altareit SCA distinguishes itself through its commitment to sustainability and value creation. The firm’s strategic approach has led to significant growth, positioning it as a leader in the European real estate market. Notable achievements include successful partnerships and a robust track record of delivering exceptional returns for investors.
How does Altareit 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.
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.
Altareit SCA's score of 42 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Altareit SCA reported total carbon emissions of approximately 882,600 tonnes CO2e, comprising 1,226,000 kg CO2e from Scope 1, 532,000 kg CO2e from Scope 2 (market-based), and a significant 878,176,000 kg CO2e from Scope 3 emissions. This represents a notable increase in emissions from 2022, where total emissions were about 1,066,000 tonnes CO2e, with Scope 1 at 898,000 kg CO2e, Scope 2 at 572,000 kg CO2e (market-based), and Scope 3 at approximately 1,065,877 tonnes CO2e. Altareit SCA has set ambitious reduction targets, aiming to decrease its greenhouse gas emissions by 39% to 46% by 2030 compared to 2019 levels. Specifically, the Group targets a GHG emission volume of between 850,000 and 950,000 tonnes CO2e for both Scope 1 and Scope 2 emissions. This commitment reflects a strategic approach to mitigating climate impact and aligns with industry standards for sustainability. The emissions data for Altareit SCA is cascaded from its parent company, Altarea SCA, indicating a corporate family relationship that influences its climate reporting and commitments. The company is actively working towards these targets, demonstrating a commitment to reducing its carbon footprint in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.
Altareit 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.