Hyatt Hotels Corp

Common Name
Hyatt Hotels
Country
United States
Sector
Consumer Cyclical
Industry
Lodging
Employees
52,000
Ticker
H
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Hyatt Hotels Corporation is a leading global hospitality company renowned for its expansive portfolio of premier hotel brands. The corporation primarily focuses on the development, ownership, and mana...

Hyatt Hotels's GHG Emissions Data Preview

In 2023, Hyatt 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).

Hyatt 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)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 Hyatt Hotels's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hyatt Hotels amounted to 2,173,573 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 Hyatt Hotels increased by 11.53%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hyatt Hotels's Scope 1 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e-37%+59%+13%+7%
  • Total Scope 1
  • Year-over-Year Change

What are Hyatt Hotels's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hyatt Hotels were 420,622 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hyatt Hotels reduced its Scope 1 emissions over time?

Since 2019, Hyatt Hotels's Scope 1 emissions have increased by 19.66%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hyatt Hotels's Scope 1 emissions increased by 6.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hyatt Hotels's Scope 2 emissions?

In 2023, Hyatt Hotels reported Scope 2 greenhouse gas (GHG) emissions of 1,679,769 tCOâ‚‚e using the market-based method, and 1,752,951 tCOâ‚‚e using the location-based method.

Has Hyatt Hotels reduced its Scope 2 emissions over time?

Since 2019, Hyatt Hotels's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 10.66%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hyatt Hotels's Scope 2 emissions (Location-Based) rose by 12.76% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Hyatt Hotels use for Scope 2 reporting?

In 2023, Hyatt Hotels reported its Scope 2 emissions using the market-based method and using the location-based method.

Hyatt Hotels's Scope 2 Emissions Over Time

201920202021202220230450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hyatt Hotels's Value Chain Emissions

In 2023, Hyatt Hotels reported 791,808 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 Hyatt Hotels includes a breakdown across 1 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.

Hyatt Hotels's Scope 3 Emissions Over Time

201920202021202220230200 k400 k600 k800 ktCO2e-29%+47%+11%+33%
  • Total Scope 3
  • Year-over-Year Change

What are Hyatt Hotels's Scope 3 emissions?

In 2023, Hyatt Hotels reported total Scope 3 emissions of 791,808 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Hyatt Hotels reduced its Scope 3 emissions over time?

Since 2019, Hyatt Hotels's Scope 3 emissions have increased by 54.17%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hyatt Hotels's Scope 3 emissions increased by 33.06%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Hyatt Hotels disclose?

In 2023, Hyatt Hotels reported emissions for 1 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 Hyatt Hotels's Scope 3 emissions?

In 2023, the largest contributors to Hyatt Hotels's Scope 3 emissions were:

  • Franchises (Cat. 14): 791,808 tCOâ‚‚e (100%)

Hyatt Hotels's Scope 3 Emissions by Categories

Franchises (Cat. 14)(100.0%)

Insights into Hyatt Hotels's Total Carbon Footprint

In 2023, Hyatt Hotels reported a total carbon footprint of 2,965,381 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.56% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hyatt Hotels's total carbon footprint was Scope 2 emissions, accounting for 59.11% of the company's total carbon footprint, followed by Scope 3 emissions at 26.7%.