In 2024, Covivio Hotels 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).
Covivio Hotels has also provided a category-level breakdown for 1 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 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Covivio Hotels amounted to 14,033 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 Covivio Hotels increased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Covivio Hotels were 3,865 metric tons of CO₂ equivalent (tCO₂e). a
In 2024, Covivio Hotels reported Scope 2 greenhouse gas (GHG) emissions of 10,168 tCO₂e using the market-based method. a
In 2024, Covivio Hotels reported its Scope 2 emissions using the market-based method. a
In 2024, Covivio Hotels reported 23,116 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 Covivio Hotels includes a breakdown across 1 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, Covivio Hotels reported total Scope 3 emissions of 23,116 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2022, Covivio Hotels's Scope 3 emissions have decreased by 44.74%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Covivio Hotels's Scope 3 emissions decreased by 44.33%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
In 2024, Covivio Hotels reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Covivio Hotels's Scope 3 emissions were: a
In 2024, Covivio Hotels reported Scope 1 greenhouse gas (GHG) emissions of 3,865 tCO₂e and total revenues of USD 609 millions. This translates into an emissions intensity of 6.34 tCO₂e per millions USD. a
In 2024, Covivio Hotels reported a Scope 1 emissions intensity of 6.34 tCO₂e per millions USD. Compared to the peer group median of 4.42 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Covivio Hotels ranked 13 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Covivio Hotels is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Covivio Hotels reported a total carbon footprint of 37,149 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.54% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Covivio Hotels's total carbon footprint was Scope 3 emissions, accounting for 62.23% of the company's total carbon footprint, followed by Scope 2 emissions at 27.37%. a