Chatham Lodging Trust, a prominent player in the hospitality industry, is headquartered in the United States and primarily operates in key markets across the country. Founded in 2010, the company has established itself as a real estate investment trust (REIT) focused on the acquisition and ownership of premium-branded hotels, particularly in the upscale and extended-stay segments. Chatham Lodging Trust distinguishes itself through its strategic investments in high-quality properties, offering a unique blend of comfort and convenience for both business and leisure travellers. With a portfolio that includes well-known brands, the company has achieved significant milestones, positioning itself as a leader in the hospitality sector. Its commitment to operational excellence and guest satisfaction has garnered recognition, solidifying its reputation in the competitive lodging market.
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 26 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Chatham Lodging Trust reported total carbon emissions of approximately 23,254,873 kg CO2e, comprising 5,632,380 kg CO2e from Scope 1 and 17,622,493 kg CO2e from Scope 2 emissions. This marked a slight decrease from 2020, where total emissions were about 23,453,486 kg CO2e, with Scope 1 at 5,363,980 kg CO2e and Scope 2 at 18,089,507 kg CO2e. The trend indicates a commitment to reducing emissions over the years, as emissions in 2019 were significantly higher at approximately 31,049,787 kg CO2e. Chatham Lodging Trust has set ambitious targets to further reduce its carbon footprint. In early 2023, the company established a goal to cut carbon emissions by 50% by 2030, using 2017 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, reflecting a strategic approach to enhance environmental sustainability across its portfolio. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from owned or controlled sources and purchased electricity. Chatham Lodging Trust's commitment to reducing its carbon intensity aligns with industry standards and reflects a proactive stance towards climate change mitigation.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 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 participating in any 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.