CDL Hospitality Trusts, commonly referred to as CDLHT, is a leading hospitality real estate investment trust headquartered in Singapore (SG). Established in 2006, CDLHT focuses on the acquisition and management of a diverse portfolio of hotels and serviced residences across key markets in Asia and the Pacific. With a commitment to delivering exceptional guest experiences, CDLHT offers unique properties that cater to both leisure and business travellers. The trust has achieved significant milestones, including a robust market position as one of the largest hospitality REITs in the region. CDLHT's strategic approach to property management and investment has garnered recognition within the industry, making it a prominent player in the hospitality sector. Its dedication to sustainability and innovation further distinguishes CDLHT in a competitive landscape.
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 49 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, CDL Hospitality Trusts reported total carbon emissions of approximately 44,800 kg CO2e for Scope 1, 34,000 kg CO2e for Scope 2, and a significant 41,637,000 kg CO2e for Scope 3 emissions. This indicates a total emission footprint of about 53,500,000 kg CO2e. The Scope 3 emissions are primarily driven by downstream leased assets, which accounted for approximately 40,726,000 kg CO2e. In comparison, the 2023 emissions data showed a total of about 53,289,000 kg CO2e, with Scope 1 emissions at 405,000 kg CO2e and Scope 2 emissions at 721,000 kg CO2e. The Scope 3 emissions for that year were approximately 52,163,000 kg CO2e, highlighting a consistent trend in high Scope 3 emissions. CDL Hospitality Trusts has committed to achieving net-zero emissions across all scopes by 2050, as part of their long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which they joined in 2024. The company is currently on track with its near-term targets, demonstrating a proactive approach to reducing its carbon footprint in the hospitality sector.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 405,000 | 000,000 | 000,000 |
Scope 2 | 721,000 | 000,000 | 00,000 |
Scope 3 | 52,163,000 | 00,000,000 | 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 participating in some 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.