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 service offerings. With a commitment to sustainable growth, CDLHT has achieved significant milestones, including the expansion of its asset base and a strong market presence. The trust is recognised for its unique approach to hospitality investments, combining operational excellence with a focus on guest experience. As a leader in the hospitality investment sector, CDLHT continues to set benchmarks for performance and innovation, solidifying its position as a trusted name in the industry.
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) framework. 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 electricity consumption intensity, with reported values of 0.19 m² in 2022 and 0.18 m² in 2023, indicating a positive trend in energy management. As part of its climate strategy, CDL Hospitality Trusts continues to monitor and report its emissions, striving for transparency and accountability in its sustainability efforts.
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.