Far East Hospitality Trust
Far East Hospitality Trust (FEHT), headquartered in Singapore (SG), is a prominent player in the hospitality and real estate investment trust (REIT) industry. Established in 2012, FEHT focuses on the ownership and management of a diverse portfolio of hotels and serviced residences, primarily in Singapore and key markets across Asia. With a commitment to providing exceptional guest experiences, FEHT offers unique services that blend luxury with local culture, setting it apart in a competitive landscape. The trust has achieved significant milestones, including strategic acquisitions that enhance its market position. Recognised for its operational excellence, Far East Hospitality Trust continues to be a leader in the hospitality sector, delivering sustainable returns to its investors while contributing to the vibrant tourism landscape in the region.
DitchCarbon Score
How does Far East Hospitality 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.
Industry Average
Mean score of companies in the Financial Intermediation 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
Far East Hospitality Trust's score of 13 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Far East Hospitality Trust's reported carbon emissions
In 2023, Far East Hospitality Trust (FEHT) reported significant carbon emissions from its operations in Singapore. The total emissions comprised approximately 13,847,000 kg CO2e from Scope 1 and about 1,455,000 kg CO2e from Scope 2, resulting in a combined total of approximately 15,302,000 kg CO2e. This reflects a commitment to transparency in emissions reporting, although no Scope 3 emissions data was disclosed. Comparatively, in 2022, FEHT's emissions were approximately 12,881,000 kg CO2e for Scope 1 and about 1,718,000 kg CO2e for Scope 2, leading to a total of around 14,599,000 kg CO2e. This indicates a slight increase in emissions in 2023, highlighting the ongoing challenges in reducing carbon footprints within the hospitality sector. FEHT has not set specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from a parent organization. The absence of defined reduction strategies suggests a need for further development in their climate action plans. Overall, while FEHT is actively reporting its emissions, the lack of reduction targets and initiatives may limit its effectiveness in addressing climate change within the hospitality industry.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,074,000 | 0,000,000 |
| Scope 2 | 14,703,000 | 00,000,000 |
| Scope 3 | - | - |
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.
Far East Hospitality 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.
