Apple Hospitality REIT, Inc. is a prominent real estate investment trust (REIT) headquartered in Richmond, Virginia. Founded in 2003, the company has established itself as a leader in the hospitality industry, focusing on the acquisition and management of upscale, select-service hotels across the United States. With a diverse portfolio of over 200 properties, Apple Hospitality REIT is known for its commitment to quality and guest satisfaction. The company primarily operates in major metropolitan areas and key travel destinations, offering a unique blend of amenities and services that cater to both business and leisure travellers. Notable achievements include a strong market position, consistently high occupancy rates, and a reputation for operational excellence. Apple Hospitality REIT continues to innovate within the hospitality sector, ensuring a memorable experience for guests while delivering value to its investors.
How does Apple Hospitality REIT'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.
Apple Hospitality REIT's score of 2 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Apple Hospitality REIT reported total carbon emissions of approximately 113,615,000 kg CO2e, which includes 28,187,000 kg CO2e from Scope 1 emissions and 85,428,000 kg CO2e from Scope 2 emissions. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Apple Hospitality REIT's emissions intensity is reported at about 0.56 kg CO2e per square foot, indicating their operational impact in terms of space utilisation. While the company has not set formal reduction targets, its commitment to addressing climate change is evident in its emissions reporting and transparency. As a leader in the hospitality sector, Apple Hospitality REIT is positioned to enhance its sustainability efforts and potentially adopt more aggressive climate commitments in the future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | |
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Scope 1 | 28,187,000 |
Scope 2 | 85,428,000 |
Scope 3 | - |
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.
Apple Hospitality REIT is not committed to any reduction initiatives 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.