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Minor Hotels Europe & Americas SA

Common Name
Minor Hotels
Country
Spain
Sector
Consumer Cyclical
Industry
Lodging
Employees
14,637
Ticker
NHH
Exchange
Bolsas y Mercados Españoles
Description
Minor Hotels Europe & Americas is a hospitality management company that operates a diverse portfolio of hotel brands across Europe and the Americas. The company is dedicated to delivering exceptional ...

Minor Hotels's Climate Target Data Preview

As of 2024, Minor Hotels has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets, 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 Minor 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)
-4%a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-46%a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Upstream Leased Assets (Cat. 8), Scope 3 - Franchises (Cat. 14)
Metric Tonnes of CO2 equivalent (mtCO2e)
-28%a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
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Verified Sources Behind Minor Hotels’s Climate Targets Data

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a. Minor Hotels's Annual Report 2024

Insights into Minor Hotels's Greenhouse Gas Emissions Pathways

As of 2024, Minor Hotels has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does Minor Hotels have a target to reduce the emissions from its operations?

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

Minor Hotels's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 101,241 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2024, Minor Hotels is ahead of schedule on its operational emissions reduction target, having achieved 34.83% of the planned reduction.a

Minor Hotels's Operational (Scope 1+2) Emissions Pathway

2019202420302050030 k60 k90 k120 kBaselineCurrent (-31%)Target 2030 (-46%)Target 2050 (-90%)

Does Minor Hotels have a target to reduce the emissions from its value chain?

As of 2024, Minor Hotels has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Minor Hotels's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 361,658.38 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2024, Minor Hotels is lagging behind on its value chain emissions reduction target, having achieved 1.56% of the planned reduction.a

Minor Hotels's Value Chain (Scope 3) Emissions Pathway

201920242050095 k190 k285 k380 kCurrent (-1%)Target 2050 (-90%)
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