Altareit SCA

Common Name
Altareit
Country
France
Sector
Real Estate
Industry
Real Estate - Development
Employees
1,461
Ticker
AREIT
Exchange
EURONEXT
Description
Altareit is a prominent player in the real estate investment sector, focusing primarily on residential and commercial properties within France. Its core function is to acquire, develop, and manage a d...

Altareit's GHG Emissions Data Preview

In 2024, Altareit 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).

Altareit 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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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Altareit’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 Altareit’s data sources below and access millions more through our Disclosure Search.

a. Altareit's Universal Registration Document (URD) 2024
a. Altareit's Universal Registration Document (URD) 2024

Insights into Altareit's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Altareit amounted to 1,215 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 Altareit decreased by 26.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Altareit's Scope 1 Emissions Over Time

20192023202403507001.05 k1.4 ktCO2e+49%-18%
  • Total Scope 1
  • Year-over-Year Change

What are Altareit's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Altareit were 1,002 metric tons of CO₂ equivalent (tCO₂e). a

Has Altareit reduced its Scope 1 emissions over time?

Since 2019, Altareit's Scope 1 emissions have increased by 21.45%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Altareit's Scope 1 emissions decreased by 18.27%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Altareit's Scope 2 emissions?

In 2024, Altareit reported Scope 2 greenhouse gas (GHG) emissions of 166 tCO₂e using the market-based method and 213 tCO₂e using the location-based method. a

Has Altareit reduced its Scope 2 emissions over time?

Since 2019, Altareit's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 58.64%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Altareit's Scope 2 emissions (Location-Based) fell by 49.88% 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 Altareit use for Scope 2 reporting?

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

Altareit's Scope 2 Emissions Over Time

2019202320240150300450600tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Altareit's Value Chain Emissions

In 2024, Altareit reported 738,185 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 Altareit includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Altareit's Scope 3 Emissions Over Time

2019202320240400 k800 k1.2 M1.6 MtCO2e-43%-16%
  • Total Scope 3
  • Year-over-Year Change

What are Altareit's Scope 3 emissions?

In 2024, Altareit reported total Scope 3 emissions of 738,185 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 65.92% of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.08% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Altareit reduced its Scope 3 emissions over time?

Since 2019, Altareit's Scope 3 emissions have decreased by 51.9%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Altareit's Scope 3 emissions decreased by 15.94%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Altareit disclose?

In 2024, Altareit 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 Altareit's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 469,612 tCO₂e (63.62%)
  • Use of Sold Products (Cat. 11): 231,362 tCO₂e (31.34%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 20,197 tCO₂e (2.74%)

Altareit's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(31.3%)End-of-LifeTreatment of SoldProducts (Cat. 12)(2.7%)Purchased Goods andServices (Cat. 1)(63.6%)

Insights into Altareit’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Altareit reported Scope 1 greenhouse gas (GHG) emissions of 1,002 tCO₂e and total revenues of USD 2,541 millions. This translates into an emissions intensity of 0.39 tCO₂e per millions USD. a

Altareit's Scope 1 Emissions Intensity Compared to Peers

5505002,00020,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)PMLodha DevelopersYear: 2025Scope 1: 3,180 tCO2eRevenue: $M 1,600Scope 1 Intensity: 1.99 tCO2e/$MGemdale Properties & InvestmentYear: 2024Scope 1: 66 tCO2eRevenue: $M 1,979Scope 1 Intensity: 0.03 tCO2e/$MKWG Group HoldingsYear: 2023Scope 1: 3,485 tCO2eRevenue: $M 2,428Scope 1 Intensity: 1.43 tCO2e/$MLogan GroupYear: 2024Scope 1: 316 tCO2eRevenue: $M 3,488Scope 1 Intensity: 0.09 tCO2e/$MRedsun Properties GroupYear: 2023Scope 1: 67 tCO2eRevenue: $M 3,045Scope 1 Intensity: 0.02 tCO2e/$MEZTECYear: 2023Scope 1: 56 tCO2eRevenue: $M 223Scope 1 Intensity: 0.25 tCO2e/$MHongkong Land HoldingsYear: 2023Scope 1: 2,107 tCO2eRevenue: $M 1,844Scope 1 Intensity: 1.14 tCO2e/$MJHSF ParticipacoesYear: 2023Scope 1: 939 tCO2eRevenue: $M 329Scope 1 Intensity: 2.86 tCO2e/$MSime Darby PropertyYear: 2023Scope 1: 537 tCO2eRevenue: $M 748Scope 1 Intensity: 0.72 tCO2e/$MCountry Garden HoldingsYear: 2024Scope 1: 4,423 tCO2eRevenue: $M 37,803Scope 1 Intensity: 0.12 tCO2e/$MKerry PropertiesYear: 2024Scope 1: 5,094 tCO2eRevenue: $M 2,511Scope 1 Intensity: 2.03 tCO2e/$MYanlord Land GroupYear: 2023Scope 1: 8,775 tCO2eRevenue: $M 1,100Scope 1 Intensity: 7.98 tCO2e/$MGemdaleYear: 2022Scope 1: 9,166 tCO2eRevenue: $M 17,265Scope 1 Intensity: 0.53 tCO2e/$MBrigade EnterprisesYear: 2025Scope 1: 12,801 tCO2eRevenue: $M 589Scope 1 Intensity: 21.73 tCO2e/$MSobhaYear: 2023Scope 1: 1,109 tCO2eRevenue: $M 399Scope 1 Intensity: 2.78 tCO2e/$MChina SCE Group HoldingsYear: 2024Scope 1: 272 tCO2eRevenue: $M 6,115Scope 1 Intensity: 0.04 tCO2e/$MPPPoly Property GroupYear: 2023Scope 1: 8,576 tCO2eRevenue: $M 6,288Scope 1 Intensity: 1.36 tCO2e/$MChina Overseas Grand Oceans GroupYear: 2023Scope 1: 1,680 tCO2eRevenue: $M 8,682Scope 1 Intensity: 0.19 tCO2e/$MCentury CommunitiesYear: 2023Scope 1: 10,562 tCO2eRevenue: $M 3,692Scope 1 Intensity: 2.86 tCO2e/$MAnant RajYear: 2025Scope 1: 6 tCO2eRevenue: $M 241Scope 1 Intensity: 0.02 tCO2e/$MCiputra DevelopmentYear: 2023Scope 1: 2,962 tCO2eRevenue: $M 599Scope 1 Intensity: 4.94 tCO2e/$MMMMidea Real Estate HoldingYear: 2021Scope 1: 69 tCO2eRevenue: $M 11,578Scope 1 Intensity: 0.01 tCO2e/$MYuzhou Group HoldingsYear: 2023Scope 1: 75 tCO2eRevenue: $M 3,303Scope 1 Intensity: 0.02 tCO2e/$MPowerlongYear: 2024Scope 1: 11,404 tCO2eRevenue: $M 3,860Scope 1 Intensity: 2.95 tCO2e/$MHopson Development HoldingsYear: 2024Scope 1: 2,981 tCO2eRevenue: $M 4,872Scope 1 Intensity: 0.61 tCO2e/$MAltareitYear: 2024Scope 1: 1,002 tCO2eRevenue: $M 2,541Scope 1 Intensity: 0.39 tCO2e/$M

How does Altareit's GHG emissions intensity compare to its peers?

In 2024, Altareit reported a Scope 1 emissions intensity of 0.39 tCO₂e per millions USD. Compared to the peer group median of 0.72 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Altareit rank on GHG emissions intensity within its industry?

In 2024, Altareit ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Altareit is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Altareit's Total Carbon Footprint

In 2024, Altareit reported a total carbon footprint of 739,400 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.96% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Altareit's total carbon footprint was Scope 3 emissions, accounting for 99.84% of the company's total carbon footprint, followed by Scope 1 emissions at 0.14%. a

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