Altarea SCA

Common Name
Altarea
Country
France
Sector
Real Estate
Industry
REIT - Residential
Employees
2,129
Ticker
ALTA
Exchange
EURONEXT
Description
Altarea SA is a leading real estate investment and development company based in France. This financial asset is well-known for its dynamic participation in the retail, office, and residential sectors,...

Altarea's GHG Emissions Data Preview

In 2023, Altarea completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, Altarea has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Altarea's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Altarea amounted to 2,755 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Altarea increased by 20.36%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Altarea's Scope 1 Emissions Over Time

2019202020212022202304008001.2 k1.6 ktCO2e-13%+6%+12%+29%
  • Total Scope 1
  • Year-over-Year Change

What are Altarea's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Altarea were 1,473 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Altarea reduced its Scope 1 emissions over time?

Since 2019, Altarea's Scope 1 emissions have increased by 33.42%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Altarea's Scope 1 emissions increased by 29.21%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Altarea's Scope 2 emissions?

In 2023, Altarea reported Scope 2 greenhouse gas (GHG) emissions of 1,211 tCOâ‚‚e using the market-based method, and 1,282 tCOâ‚‚e using the location-based method.

What methodology does Altarea use for Scope 2 reporting?

In 2023, Altarea reported its Scope 2 emissions using the market-based method and using the location-based method.

Altarea's Scope 2 Emissions Over Time

2019202020212022202303507001.05 k1.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Altarea's Value Chain Emissions

In 2023, Altarea reported 906,884 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Altarea includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Altarea's Scope 3 Emissions Over Time

201920202021202220230400 k800 k1.2 M1.6 MtCO2e-17%-13%-4%-16%
  • Total Scope 3
  • Year-over-Year Change

What are Altarea's Scope 3 emissions?

In 2023, Altarea reported total Scope 3 emissions of 906,884 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Altarea reduced its Scope 3 emissions over time?

Since 2019, Altarea's Scope 3 emissions have decreased by 41.87%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Altarea's Scope 3 emissions decreased by 16.2%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Altarea's Total Carbon Footprint

In 2023, Altarea reported a total carbon footprint of 909,639 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.12% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Altarea's total carbon footprint was Scope 3 emissions, accounting for 99.7% of the company's total carbon footprint, followed by Scope 1 emissions at 0.16%.

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