Chatham Lodging Trust, a prominent player in the hospitality industry, is headquartered in West Palm Beach, Florida, with a strong operational presence across key markets in the United States. Founded in 2010, the company focuses on the acquisition, development, and ownership of premium branded hotels, primarily targeting the upscale and extended-stay segments. Chatham Lodging Trust distinguishes itself through its strategic investments in high-quality properties, offering unique amenities and services that cater to both business and leisure travellers. With a portfolio that includes well-known brands, the company has achieved significant milestones, positioning itself as a trusted name in the lodging sector. Its commitment to operational excellence and guest satisfaction has solidified its market position, making it a noteworthy entity in the competitive landscape of hotel real estate investment trusts (REITs).
How does Chatham Lodging 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.
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.
Chatham Lodging Trust's score of 23 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chatham Lodging Trust reported a total carbon emissions of approximately 23.3 million tonnes CO2e in 2021, a slight decrease from about 23.5 million tonnes CO2e in 2020. The emissions breakdown for 2021 includes about 5.6 million tonnes CO2e from Scope 1 and approximately 17.6 million tonnes CO2e from Scope 2 emissions. This trend reflects a continued effort to reduce their carbon footprint, with emissions decreasing from about 29.8 million tonnes CO2e in 2018 and 31.0 million tonnes CO2e in 2019. Despite these reductions, Chatham Lodging Trust has not publicly committed to specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Their ongoing climate commitments remain unspecified, indicating a potential area for future development in their sustainability strategy. The company’s emissions intensity has also shown improvement, with a reported intensity of approximately 0.48 kg CO2e per square foot in 2021, down from 0.66 kg CO2e per square foot in 2017.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Scope 1 | 6,565,781 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 22,679,905 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
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.
Chatham Lodging Trust is not committed to any 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.