Cdl Hospitality Trusts
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Cdl Hospitality Trusts's score of 35 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cdl Hospitality Trusts's reported carbon emissions
In 2023, CDL Hospitality Trusts reported total carbon emissions of approximately 53,289,000 kg CO2e. This figure includes 405,000 kg CO2e from Scope 1 emissions, 721,000 kg CO2e from Scope 2 emissions, and a significant 52,163,000 kg CO2e from Scope 3 emissions, which encompass areas such as business travel and waste generated in operations. The company has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment covers all scopes of emissions, reflecting a comprehensive approach to climate action. CDL Hospitality Trusts is actively working towards these targets, having established a near-term target status as "Committed" as of August 2024. In terms of emissions intensity, the company reported an electrical consumption intensity of 0.18 kg CO2e per square metre in 2023, indicating ongoing efforts to improve energy efficiency. CDL Hospitality Trusts continues to focus on reducing its carbon footprint while enhancing sustainability practices within the hospitality sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 405,000 | 000,000 |
| Scope 2 | 721,000 | 000,000 |
| Scope 3 | 52,163,000 | 00,000,000 |
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.
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.
