In 2024, Hotel Shilla 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).
Hotel Shilla 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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 6,541.748a | 6,602a | 6,551a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 15,174.624a | 14,788a | 14,081a | |
Total Scope 3 | 516a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2.4317a | 2.3641a | 1.6774a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hotel Shilla amounted to 21,716.372 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 Hotel Shilla increased by 1.53%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Hotel Shilla were 6,541.748 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Hotel Shilla's Scope 1 emissions have increased by 7.05%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Hotel Shilla's Scope 1 emissions remained relatively stable, indicating that Hotel Shilla's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Hotel Shilla reported Scope 2 greenhouse gas (GHG) emissions of 15,174.624 tCO₂e without specifying the calculation method.a
Since 2021, Hotel Shilla's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 15.06%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Hotel Shilla's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hotel Shilla's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Hotel Shilla reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Hotel Shilla reported 516 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 Hotel Shilla includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Hotel Shilla reported total Scope 3 emissions of 516 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
In 2024, Hotel Shilla 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 Hotel Shilla's Scope 3 emissions were:a
In 2024, Hotel Shilla reported Scope 1 greenhouse gas (GHG) emissions of 6,541.748 tCO₂e and total revenues of USD 2,690 millions. This translates into an emissions intensity of 2.43 tCO₂e per millions USD.a
In 2024, Hotel Shilla reported a Scope 1 emissions intensity of 2.43 tCO₂e per millions USD. Compared to the peer group median of 2.51, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Hotel Shilla ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Hotel Shilla is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Hotel Shilla reported a total carbon footprint of 22,232.372 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.94% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hotel Shilla's total carbon footprint was Scope 2 emissions, accounting for 68.25% of the company's total carbon footprint, followed by Scope 1 emissions at 29.42%.a