Hongkong and Shanghai Hotels Ltd

Common Name
Hongkong and Shanghai Hotels
Country
Hong Kong
Sector
Consumer Cyclical
Industry
Lodging
Employees
7,836
Ticker
45
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
The Hongkong and Shanghai Hotels, Limited, an investment holding company, owns, develops, and manages hotels, and commercial and residential properties in China, rest of Asia, the United States, and E...

Hongkong and Shanghai Hotels's Climate Target Data Preview

As of 2024, Hongkong and Shanghai Hotels has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hongkong and Shanghai Hotels ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030

This table provides a simplified preview of selected climate targets 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 Hongkong and Shanghai Hotels's Greenhouse Gas Emissions Pathways

As of 2024, Hongkong and Shanghai Hotels has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Hongkong and Shanghai Hotels have a target to reduce the emissions from its operations?

As of 2024, Hongkong and Shanghai Hotels has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Hongkong and Shanghai Hotels's most ambitious operational target is to reduce these emissions by 55% by 2030, compared to a baseline of 0.213 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2010.

As of 2024, Hongkong and Shanghai Hotels is ahead of schedule on its operational emissions reduction target, having achieved 87.93% of the planned reduction.

Hongkong and Shanghai Hotels's Operational (Scope 1+2) Emissions Pathway

20102024203000.060.110.170.22BaselineCurrent (-48%)
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