In 2024, Arena Hospitality Group 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).
Arena Hospitality Group has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Arena Hospitality Group amounted to 10,877.45 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 Arena Hospitality Group increased by 13.57%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Arena Hospitality Group were 2,419.42 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Arena Hospitality Group's Scope 1 emissions increased by 28.64%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Arena Hospitality Group reported Scope 2 greenhouse gas (GHG) emissions of 1,295.96 tCO₂e using the market-based method and 8,458.03 tCO₂e using the location-based method.a
Compared to the previous year (2023), Arena Hospitality Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Arena Hospitality Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Arena Hospitality Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Arena Hospitality Group reported 18,052.98 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 Arena Hospitality Group includes a breakdown across 7 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
In 2024, Arena Hospitality Group reported total Scope 3 emissions of 18,052.98 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Arena Hospitality Group's Scope 3 emissions remained relatively stable, indicating that Arena Hospitality Group's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Arena Hospitality Group reported emissions for 7 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.
In 2024, the largest contributors to Arena Hospitality Group's Scope 3 emissions were:a
In 2024, Arena Hospitality Group reported Scope 1 greenhouse gas (GHG) emissions of 2,419.42 tCO₂e and total revenues of USD 148 millions. This translates into an emissions intensity of 16.34 tCO₂e per millions USD.a
In 2024, Arena Hospitality Group reported a Scope 1 emissions intensity of 16.34 tCO₂e per millions USD. Compared to the peer group median of 26.45, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Arena Hospitality Group ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Arena Hospitality Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Arena Hospitality Group reported a total carbon footprint of 28,930.43 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.97% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Arena Hospitality Group's total carbon footprint was Scope 3 emissions, accounting for 62.4% of the company's total carbon footprint, followed by Scope 2 emissions at 29.24%.a