Capitaland Ascott Trust Sustainability Profile
Capitaland Ascott Trust, headquartered in Singapore (SG), is a leading player in the hospitality and real estate investment trust (REIT) industry. Founded in 2006, the trust focuses on providing quality serviced residences and hospitality solutions across major operational regions, including Asia-Pacific, Europe, and the United States. With a diverse portfolio that includes well-known brands such as Ascott, Citadines, and Somerset, Capitaland Ascott Trust stands out for its commitment to delivering exceptional guest experiences and innovative living solutions. The trust has achieved significant milestones, including strategic acquisitions that have bolstered its market position, making it one of the largest hospitality REITs in the region. Recognised for its sustainable practices and strong financial performance, Capitaland Ascott Trust continues to set benchmarks in the industry, catering to the evolving needs of both business and leisure travellers.
DitchCarbon Score
How does Capitaland Ascott Trust'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 Financial Intermediation 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
Capitaland Ascott Trust's score of 57 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Capitaland Ascott Trust's reported carbon emissions
In 2024, Capitaland Ascott Trust reported total carbon emissions of approximately 32,240,000 kg CO2e for Scope 1, 38,655,000 kg CO2e for Scope 2 (market-based), and 71,391,000 kg CO2e for Scope 3 emissions. This reflects a significant commitment to reducing greenhouse gas emissions across all scopes, with a total of about 38,309,000 kg CO2e for combined Scope 1 and 2 emissions. The Trust has set ambitious reduction targets, aiming to decrease absolute Scope 1 and 2 emissions by 46% by 2030 from a 2019 baseline. Additionally, they are targeting a 72% reduction in carbon emissions intensity and a 15% reduction in energy consumption intensity by 2030. Furthermore, Capitaland Ascott Trust is aligned with its parent company’s commitment to achieve Net Zero for Scope 1 and 2 emissions by 2050. In previous years, emissions data shows a trend of increasing Scope 3 emissions, with 53,197,000 kg CO2e in 2023 and 57,499,000 kg CO2e in 2022. The Trust's proactive approach to climate commitments and emissions reduction reflects its dedication to sustainability and responsible management of its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,670,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 37,422,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Capitaland Ascott Trust's Industry?
How Carbon Intensive is Capitaland Ascott Trust's Location?
Capitaland Ascott Trust's Scope 3 Categories Breakdown
Capitaland Ascott Trust's Scope 3 emissions, which increased by 34% last year and increased by approximately 24% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 67% of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Top Scope 3 Categories
Capitaland Ascott Trust's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Capitaland Ascott Trust has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
