Aitken Spence Sustainability Profile
Aitken Spence PLC, a prominent player in the Sri Lankan business landscape, is headquartered in Colombo, LK. Founded in 1868, the company has evolved into a diversified conglomerate with significant operations across various sectors, including tourism, logistics, manufacturing, and services. With a strong focus on sustainable practices, Aitken Spence is renowned for its unique offerings in the hospitality industry, operating several award-winning hotels and resorts. The company also excels in freight forwarding and supply chain solutions, leveraging advanced technology to enhance efficiency. Recognised for its commitment to quality and innovation, Aitken Spence has achieved notable milestones, including numerous accolades for excellence in service and sustainability. As a leader in its industry, Aitken Spence continues to shape the economic landscape of Sri Lanka and beyond.
DitchCarbon Score
How does Aitken Spence'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 Business 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.
Industry Benchmark
Aitken Spence's score of 45 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aitken Spence's reported carbon emissions
In 2024, Aitken Spence reported total carbon emissions of approximately 93.1 million kg CO2e. This figure includes Scope 1 emissions of about 62 million kg CO2e, Scope 2 emissions of approximately 20.8 million kg CO2e, and Scope 3 emissions totalling about 10.3 million kg CO2e, which encompasses business travel and waste generated in operations. The company has set long-term climate commitments, aiming for net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. Aitken Spence is actively working towards these targets, having initiated its reduction strategy in 2023. Over the past few years, Aitken Spence has demonstrated a significant reduction in emissions. For instance, in 2021, total emissions were approximately 348.7 million kg CO2e, which indicates a substantial decrease in subsequent years. The company is committed to ongoing improvements in its sustainability practices, aligning with global climate action goals. Aitken Spence's emissions data is independently verified and reflects its dedication to transparency and accountability in addressing climate change.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 375,351,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 31,583,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 00,000,000 |
How Carbon Intensive is Aitken Spence's Industry?
How Carbon Intensive is Aitken Spence's Location?
Aitken Spence's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 11% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 80% of Scope 3 emissions.
Top Scope 3 Categories
Aitken Spence'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.
Aitken Spence 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.
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Frequently Asked Questions
Common questions about Aitken Spence's sustainability data and climate commitments