Capitaland Ascott Trust
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 39 is higher than 64% 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 38,309,000 kg CO2e, comprising 3,224,000 kg CO2e from Scope 1 and 38,655,000 kg CO2e from Scope 2 emissions. This marks a significant increase from 2023, where total emissions were about 33,870,000 kg CO2e, with Scope 1 emissions at 2,059,000 kg CO2e and Scope 2 emissions at 31,811,000 kg CO2e. The trust has not disclosed any Scope 3 emissions data for these years. Capitaland Ascott Trust has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030, using 2019 as the baseline year. Additionally, they target a 72% reduction in carbon emissions intensity and a 15% reduction in energy consumption intensity by the same year. Furthermore, the trust is committed to achieving Net Zero for its Scope 1 and 2 emissions by 2050. These targets align with the broader sustainability goals of the CapitaLand Group, from which the trust derives its emissions data and climate initiatives. The trust's commitment to reducing its carbon footprint reflects a proactive approach to addressing climate change within the real estate and hospitality sectors.
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| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| 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 | - | - | - | 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.
Capitaland Ascott Trust 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.
