Minor Hotels Europe & Americas SA

Common Name
Minor Hotels
Country
Spain
Sector
Consumer Cyclical
Industry
Lodging
Employees
15,327
Ticker
NHH
Exchange
BOLSA DE MADRID
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 GHG Emissions Data Preview

In 2024, Minor 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).

Minor Hotels has also provided a category-level breakdown for 9 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 Minor Hotels's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Minor Hotels amounted to 122,181 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 2023, the total operational greenhouse gas (GHG) emissions of Minor Hotels decreased by 4.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Minor Hotels's Scope 1 Emissions Over Time

20232024015 k30 k45 k60 ktCO2e+7%
  • Total Scope 1
  • Year-over-Year Change

What are Minor Hotels's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Minor Hotels were 46,150 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), Minor Hotels's Scope 1 emissions increased by 6.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Minor Hotels's Scope 2 emissions?

In 2024, Minor Hotels reported Scope 2 greenhouse gas (GHG) emissions of 23,350 tCOâ‚‚e using the market-based method, and 76,031 tCOâ‚‚e using the location-based method.

Has Minor Hotels reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Minor Hotels's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Minor Hotels 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Minor Hotels use for Scope 2 reporting?

In 2024, Minor Hotels reported its Scope 2 emissions using the market-based method and using the location-based method.

Minor Hotels's Scope 2 Emissions Over Time

20232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Minor Hotels's Value Chain Emissions

In 2024, Minor Hotels reported 356,601.4 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 2024 disclosure of Minor Hotels includes a breakdown across 9 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 chain

Minor Hotels's Scope 3 Emissions Over Time

2024090 k180 k270 k360 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Minor Hotels's Scope 3 emissions?

In 2024, Minor Hotels reported total Scope 3 emissions of 356,601.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.67% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.33% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Minor Hotels disclose?

In 2024, Minor Hotels reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Minor Hotels's Scope 3 emissions?

In 2024, the largest contributors to Minor Hotels's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 221,462 tCOâ‚‚e (62.1%)
  • Capital Goods (Cat. 2): 89,577 tCOâ‚‚e (25.12%)
  • Upstream Leased Assets (Cat. 8): 13,893 tCOâ‚‚e (3.9%)

Minor Hotels's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(25.1%)Purchased Goods andServices (Cat. 1)(62.1%)Upstream LeasedAssets (Cat. 8)(3.9%)

Insights into Minor Hotels's Total Carbon Footprint

In 2024, Minor Hotels reported a total carbon footprint of 478,782.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 275.47% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Minor Hotels's total carbon footprint was Scope 3 emissions, accounting for 74.48% of the company's total carbon footprint, followed by Scope 2 emissions at 15.88%.