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 2024, 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).

Altarea has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Altarea’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Altarea’s data sources below and access millions more through our Disclosure Search.

a. Altarea's Universal Registration Document (URD) 2024
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b. Altarea's Universal Registration Document (URD) 2022
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Insights into Altarea's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Altarea amounted to 3,228 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Altarea decreased by 3.56%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Altarea's Scope 1 Emissions Over Time

20192020202120222023202405001 k1.5 k2 ktCO2e-26%+6%+12%+53%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Altarea's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Altarea were 1,931 metric tons of CO₂ equivalent (tCO₂e). a

Has Altarea reduced its Scope 1 emissions over time?

Since 2019, Altarea's Scope 1 emissions have increased by 49.57%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Altarea's Scope 1 emissions increased by 11.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Altarea's Scope 2 emissions?

In 2024, Altarea reported Scope 2 greenhouse gas (GHG) emissions of 859 tCO₂e using the market-based method and 1,297 tCO₂e using the location-based method. a

Has Altarea reduced its Scope 2 emissions over time?

Since 2019, Altarea's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 44.9%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Altarea's Scope 2 emissions (Location-Based) fell by 19.34% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Altarea use for Scope 2 reporting?

In 2024, Altarea reported its Scope 2 emissions using the market-based method and using the location-based method. a

Altarea's Scope 2 Emissions Over Time

20192020202120222023202406001.2 k1.8 k2.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Altarea's Value Chain Emissions

In 2024, Altarea reported 772,819 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Altarea includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Altarea's Scope 3 Emissions Over Time

2019202020212022202320240400 k800 k1.2 M1.6 MtCO2e-18%-13%-4%-15%-16%
  • Total Scope 3
  • Year-over-Year Change

What are Altarea's Scope 3 emissions?

In 2024, Altarea reported total Scope 3 emissions of 772,819 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 66.81% of these emissions originated from upstream activities such as purchased goods and capital goods, while 33.19% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Altarea reduced its Scope 3 emissions over time?

Since 2019, Altarea's Scope 3 emissions have decreased by 51.16%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Altarea's Scope 3 emissions decreased by 15.82%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Altarea disclose?

In 2024, Altarea reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Altarea's Scope 3 emissions?

In 2024, the largest contributors to Altarea's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 482,360 tCO₂e (62.42%)
  • Use of Sold Products (Cat. 11): 231,362 tCO₂e (29.94%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 20,285 tCO₂e (2.62%)

Altarea's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(2.6%)Use of Sold Products(Cat. 11)(29.9%)Purchased Goods andServices (Cat. 1)(62.4%)

Insights into Altarea's Total Carbon Footprint

In 2024, Altarea reported a total carbon footprint of 776,047 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.77% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Altarea's total carbon footprint was Scope 3 emissions, accounting for 99.58% of the company's total carbon footprint, followed by Scope 1 emissions at 0.25%. a

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