Altareit SCA
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.
DitchCarbon Score
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.
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
Altareit SCA's score of 39 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altareit SCA's reported carbon emissions
In 2023, Altareit SCA reported total carbon emissions of approximately 878,176,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 878,176,000 kg CO2e. Scope 1 emissions were reported at approximately 1,226,000 kg CO2e, while Scope 2 emissions totalled about 532,000 kg CO2e (market-based). Comparatively, in 2022, the company recorded total emissions of about 1,065,877,000 kg CO2e, with Scope 3 emissions at approximately 1,065,877,000 kg CO2e, Scope 1 emissions at around 898,000 kg CO2e, and Scope 2 emissions at about 572,000 kg CO2e (market-based). This indicates a reduction in total emissions from 2022 to 2023. Despite these figures, Altareit SCA has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Altarea SCA, reflecting the broader corporate family’s performance. Overall, while Altareit SCA has made strides in reporting its emissions, the lack of defined climate commitments or reduction initiatives suggests an area for potential improvement in its sustainability strategy.
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| 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 |
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.
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.
