Chatham Lodging Trust
Chatham Lodging Trust, a prominent player in the hospitality industry, is headquartered in the United States and primarily operates in key markets across the country. Founded in 2010, the company has established itself as a real estate investment trust (REIT) focused on the acquisition and ownership of premium-branded hotels, particularly in the upscale and extended-stay segments. Chatham Lodging Trust distinguishes itself through its strategic investments in high-quality properties, offering a unique blend of comfort and convenience for both business and leisure travellers. With a portfolio that includes well-known brands, the company has achieved significant milestones, positioning itself as a leader in the hospitality sector. Its commitment to operational excellence and guest satisfaction has garnered recognition, solidifying its reputation in the competitive lodging market.
DitchCarbon Score
How does Chatham Lodging 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 Real Estate 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
Chatham Lodging Trust's score of 26 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chatham Lodging Trust's reported carbon emissions
In 2023, Chatham Lodging Trust reported total carbon emissions of approximately 6,208,461 kg CO2e for Scope 1 and about 17,385,506 kg CO2e for Scope 2, resulting in a combined total of around 23,593,967 kg CO2e. This data reflects a commitment to transparency in their environmental impact, with emissions disclosed for both Scope 1 and Scope 2. Chatham Lodging Trust has set ambitious reduction targets, aiming to cut carbon emissions by 50% by 2030, using 2017 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, demonstrating a proactive approach to climate commitments. Historically, the organisation's emissions have fluctuated, with 2021 emissions recorded at approximately 5,632,380 kg CO2e for Scope 1 and about 17,622,493 kg CO2e for Scope 2, totalling around 23,254,873 kg CO2e. This indicates a slight increase in emissions from 2021 to 2023, highlighting the ongoing challenges in reducing carbon footprints within the hospitality sector. Chatham Lodging Trust has not disclosed any Scope 3 emissions, which often represent a significant portion of total emissions in the hospitality industry. However, their focus on Scope 1 and Scope 2 emissions aligns with industry standards for climate accountability. Overall, Chatham Lodging Trust's commitment to reducing its carbon emissions by 50% by 2030 reflects a growing trend among hospitality companies to address climate change and enhance sustainability practices.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 6,565,781 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,679,905 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Chatham Lodging 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.
