CDL Hospitality Trusts, commonly referred to as CDLHT, is a prominent real estate investment trust headquartered in Singapore. Established in 2006, CDLHT focuses on the hospitality and leisure sectors, primarily operating in key markets across Asia and the Pacific. The trust's portfolio includes a diverse range of hotels and serviced residences, distinguished by their strategic locations and high-quality management. With a commitment to delivering exceptional guest experiences, CDLHT has achieved significant milestones, including consistent growth in revenue and occupancy rates. The trust's unique approach to property management and investment has solidified its position as a leader in the hospitality industry. Notable achievements include recognition for sustainability initiatives and a strong track record of financial performance, making CDL Hospitality Trusts a trusted name in the market.
How does Cdl Hospitality Trusts'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.
Cdl Hospitality Trusts's score of 35 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CDL Hospitality Trusts reported total carbon emissions of approximately 53,289 tonnes CO2e. This figure includes 405 tonnes from Scope 1 emissions, 721 tonnes from Scope 2 emissions, and a significant 52,163 tonnes from Scope 3 emissions, which encompass business travel, downstream leased assets, waste generated in operations, and fuel and energy-related activities. The company has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term target encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. CDL Hospitality Trusts is actively working towards reducing its carbon footprint, with a focus on improving energy efficiency and sustainability practices across its operations. In recent years, the company has demonstrated a commitment to reducing its emissions intensity, with reported electricity consumption intensities of 0.18 and 0.19 metric tonnes CO2e per square metre in 2023 and 2022, respectively. These efforts are part of a broader strategy to enhance sustainability within the hospitality sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 405,000 | 000,000 |
Scope 2 | 721,000 | 000,000 |
Scope 3 | 52,163,000 | 00,000,000 |
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.
Cdl Hospitality Trusts is committed to some 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.