Capitaland Ascott Trust
CapitaLand Ascott Trust, commonly referred to as Ascott Trust, is a leading hospitality trust headquartered in Singapore. Established in 2006, it has rapidly expanded its footprint across Asia, Europe, and the Middle East, positioning itself as a key player in the serviced residence and hospitality industry. The trust focuses on providing high-quality serviced apartments and hospitality services, catering to both business and leisure travellers. Its unique portfolio includes renowned brands such as Ascott, Citadines, and Somerset, which are distinguished by their commitment to comfort and convenience. With a strong market presence, CapitaLand Ascott Trust has achieved significant milestones, including being listed on the Singapore Exchange. Its dedication to operational excellence and customer satisfaction has solidified its reputation as a trusted name in the hospitality sector.
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 31 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Capitaland Ascott Trust's reported carbon emissions
In 2023, Capitaland Ascott Trust reported carbon emissions of approximately 34.7 million tonnes CO2e, comprising about 2.1 million tonnes from Scope 1 and about 31.8 million tonnes from Scope 2 emissions. This reflects a continued commitment to reducing their carbon footprint, with a notable decrease in emissions intensity over the years. From 2022 to 2023, the Trust achieved a reduction in their Scope 1 and 2 emissions intensity, with the emissions factor decreasing to about 0.0609 tonnes CO2e per unit of revenue. This trend indicates a proactive approach to sustainability, although specific reduction targets or initiatives have not been disclosed. Overall, while Capitaland Ascott Trust has made strides in managing their carbon emissions, further details on formal reduction commitments or climate pledges are currently unavailable. The Trust's ongoing efforts align with industry standards for climate action, focusing on transparency and accountability in their emissions reporting.
Unlock detailed emissions data
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,670,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 37,422,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Capitaland Ascott Trust 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.
