Lodge Firms Present Progress on Greener Emissions Accountability: New Skift Analysis

Skift Take

We’ve coated the environmental efficiency of lodge corporations earlier than, however that analysis was due an replace. A lot has occurred on this planet, and — most likely unrelated — lodge corporations have change into higher at setting emission discount targets and reporting of present efficiency. Let’s proceed that development.

— Wouter Geerts

Environmental sustainability is turning into extra vital to corporations, governments, and vacationers alike. No information there. However how are lodge corporations responding to the altering calls for and elevated scrutiny round environmental reporting and emission discount necessities?

Increasingly corporations file experiences on their environmental targets and efficiency with the CDP (previously referred to as the Carbon Disclosure Undertaking). In a brand new report by Skift Analysis, entitled Progress in Sustainability: Lodge Firm Evaluation 2023, we weed by tons of CDP and firm filings to report on the state of sustainability targets, reporting, and emission abatement on the largest lodge corporations.

The report covers the most important lodge corporations by room portfolio: Marriott Worldwide, Hilton Worldwide, Accor, InterContinental Lodges Group, and Wyndham Lodges & Resorts. We might have favored to incorporate Selection Lodges on this evaluation, however the firm doesn’t report extensively on its sustainability efforts, and doesn’t file any experiences with the CDP.

We discovered that many of the largest lodge corporations have now set or submitted science-based targets to scale back their greenhouse fuel emissions. That is an enchancment over only a few years in the past, which is a optimistic signal, though there are nonetheless some laggards

As you possibly can learn within the report, our evaluation discovered that the Covid pandemic has been a significant distorter of efficiency, however on the entire corporations appear on the right track for his or her emissions discount for now, though there’s nonetheless a great distance of emission abatements to go.

Within the report we dive deep into the completely different greenhouse fuel scopes and targets, and supply a comparability of efficiency per occupied room.

What You’ll Study From This Report

  • Prevalence of science-based targets within the journey and hospitality trade to scale back greenhouse fuel emissions
  • What targets the most important lodge corporations have set, and if they’re assembly these targets
  • Emissions per occupied room for largest 5 lodge corporations, and the way this has advanced over time
  • How scope 3 reporting has improved, however how a continued focus is required

That is the newest in a sequence of experiences and knowledge merchandise that Skift Analysis places out that will help you analyze the most important developments within the journey trade. Faucet into the opinions and insights of our seasoned community of staffers and contributors. Greater than 200 hours of desk analysis, knowledge assortment, and/or evaluation goes into every report.

By subscribing to Skift Analysis, you’ll achieve entry to our complete vault of experiences carried out on subjects starting from know-how to advertising and marketing technique to deep dives on key journey manufacturers. Additionally, you will be capable of entry our proprietary Skift Journey Well being Index, Skift Journey Firm Tracker, Lodge Tech Benchmark, and knowledge from our common traveler surveys.

Supply hyperlink

Leave a Reply

Your email address will not be published.