Hilton Worldwide Holdings Inc

Common Name
Hilton Worldwide Holdings
Country
United States
Sector
Consumer Cyclical
Industry
Lodging
Employees
181,000
Ticker
HLT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Hilton Worldwide Holdings Inc. is a prominent global hospitality company known for its expansive network of hotels and resorts. The primary function of Hilton is to provide high-quality lodging servic...

Hilton Worldwide Holdings's GHG Emissions Data Preview

In 2023, Hilton Worldwide Holdings 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).

Hilton Worldwide Holdings 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hilton Worldwide Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hilton Worldwide Holdings amounted to 2,584,382 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hilton Worldwide Holdings increased by 9.09%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hilton Worldwide Holdings's Scope 1 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e-11%-31%+26%+7%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Hilton Worldwide Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hilton Worldwide Holdings were 489,016 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hilton Worldwide Holdings reduced its Scope 1 emissions over time?

Since 2018, Hilton Worldwide Holdings's Scope 1 emissions have decreased by 8.32%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hilton Worldwide Holdings's Scope 1 emissions increased by 9.62%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hilton Worldwide Holdings's Scope 2 emissions?

In 2023, Hilton Worldwide Holdings reported Scope 2 greenhouse gas (GHG) emissions of 2,081,095 tCOâ‚‚e using the market-based method, and 2,095,366 tCOâ‚‚e using the location-based method.

Has Hilton Worldwide Holdings reduced its Scope 2 emissions over time?

Since 2018, Hilton Worldwide Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 11.83%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hilton Worldwide Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hilton Worldwide Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hilton Worldwide Holdings use for Scope 2 reporting?

In 2023, Hilton Worldwide Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.

Hilton Worldwide Holdings's Scope 2 Emissions Over Time

2018201920202021202220230550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hilton Worldwide Holdings's Value Chain Emissions

In 2023, Hilton Worldwide Holdings reported 4,321,432 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hilton Worldwide Holdings includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hilton Worldwide Holdings's Scope 3 Emissions Over Time

20182019202020212022202301.5 M3 M4.5 M6 MtCO2e-4%-38%+28%-1%+5%
  • Total Scope 3
  • Year-over-Year Change

What are Hilton Worldwide Holdings's Scope 3 emissions?

In 2023, Hilton Worldwide Holdings reported total Scope 3 emissions of 4,321,432 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 2.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.26% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hilton Worldwide Holdings reduced its Scope 3 emissions over time?

Since 2018, Hilton Worldwide Holdings's Scope 3 emissions have decreased by 21.11%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hilton Worldwide Holdings's Scope 3 emissions remained relatively stable, indicating that Hilton Worldwide Holdings 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Hilton Worldwide Holdings disclose?

In 2023, Hilton Worldwide Holdings reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Hilton Worldwide Holdings's Scope 3 emissions?

In 2023, the largest contributors to Hilton Worldwide Holdings's Scope 3 emissions were:

  • Franchises (Cat. 14): 4,202,841 tCOâ‚‚e (97.26%)
  • Waste Generated in Operations (Cat. 5): 96,013 tCOâ‚‚e (2.22%)
  • Business Travel (Cat. 6): 22,578 tCOâ‚‚e (0.52%)

Hilton Worldwide Holdings's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(2.2%)Franchises (Cat. 14)(97.3%)

Insights into Hilton Worldwide Holdings's Total Carbon Footprint

In 2023, Hilton Worldwide Holdings reported a total carbon footprint of 6,905,814 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.35% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hilton Worldwide Holdings's total carbon footprint was Scope 3 emissions, accounting for 62.58% of the company's total carbon footprint, followed by Scope 2 emissions at 30.34%.