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.
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.
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.
Capitaland Ascott Trust's score of 31 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Capitaland Ascott Trust reported total carbon emissions of approximately 33,700,000 kg CO2e, comprising about 2,059,000 kg CO2e from Scope 1 and about 31,811,000 kg CO2e from Scope 2 emissions. This reflects a continued commitment to reducing their carbon footprint, with a notable decrease in emissions intensity over the years. The Trust has demonstrated a consistent effort to lower its carbon emissions, achieving a significant reduction in carbon emissions intensity from previous years. For instance, in 2022, the total emissions were about 32,000,000 kg CO2e, with Scope 1 and Scope 2 emissions of approximately 2,075,000 kg CO2e and 30,369,000 kg CO2e, respectively. This trend indicates a proactive approach to sustainability, although specific reduction targets or initiatives have not been disclosed. Overall, Capitaland Ascott Trust's climate commitments reflect an ongoing dedication to environmental responsibility, aligning with industry standards for carbon management and reduction.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 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 | - | - | - | - | - |
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.