Citadines SA Sustainability Profile
Citadines SA, a prominent player in the serviced apartment industry, is headquartered in France and operates extensively across Europe and Asia. Founded in 1983, the company has established itself as a leader in providing flexible accommodation solutions for both business and leisure travellers. Citadines offers a unique blend of hotel-like amenities and the comforts of home, featuring fully equipped kitchens and spacious living areas in its properties. This distinctive approach caters to the growing demand for longer stays and self-sufficient living. With a strong market presence, Citadines SA has achieved notable milestones, including the expansion of its portfolio to over 150 properties worldwide. The brand is recognised for its commitment to quality and customer satisfaction, making it a preferred choice for those seeking a blend of convenience and comfort in urban settings.
DitchCarbon Score
How does Citadines SA'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 Hospitality 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
Citadines SA's score of 51 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Citadines SA does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is a current subsidiary of CapitaLand Investment Limited, which may influence its climate commitments and reporting practices. Citadines SA has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. The absence of documented reduction targets suggests that the company is still in the early stages of formalising its climate strategy. While no direct emissions data is available, Citadines SA's climate commitments may be informed by the broader sustainability goals of its parent company, CapitaLand Investment Limited. This relationship implies that any climate initiatives or performance metrics may be cascaded from CapitaLand's corporate sustainability strategies. In summary, Citadines SA currently lacks specific emissions data and reduction targets, reflecting a need for enhanced climate action and transparency in its environmental commitments.
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| 2008 | 2010 | 2012 | 2014 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 00,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Citadines SA's Industry?
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Citadines SA's Scope 3 Categories Breakdown
Citadines SA's Scope 3 emissions, which decreased by 7% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 66% of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 55% of Scope 3 emissions.
Top Scope 3 Categories
Citadines SA's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Citadines SA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
