Scandic Hotels Group AB

Common Name
Scandic Hotels Group
Country
Sweden
Sector
Consumer Cyclical
Industry
Lodging
Employees
10,736
Ticker
SHOT
Exchange
NASDAQ STOCKHOLM AB
Description
Scandic Hotels Group AB is a leading hotel operator in the Nordic region, specializing in providing hospitality services across its extensive network of hotels. The primary function of Scandic Hotels ...

Scandic Hotels Group's EU Taxonomy Data Preview

In 2024, Scandic Hotels Group was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Scandic Hotels Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Scandic Hotels Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
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0000000
Total Taxonomy Eligible A Turnover
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a
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b
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0000000
Total Taxonomy Non-Eligible B Turnover
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a
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c
0000000
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
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0000000
Total Taxonomy Eligible A Opex
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a
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b
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0000000
Total Taxonomy Non-Eligible B Opex
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c
0000000
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
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0000000
Total Taxonomy Eligible A Capex
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a
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b
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c
0000000
Total Taxonomy Non-Eligible B Capex
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c
0000000
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Verified Sources Behind Scandic Hotels Group’s EU Taxonomy Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Scandic Hotels Group’s data sources below and access millions more through our Disclosure Search.

a. Scandic Hotels Group's Annual Report 2024
a. Scandic Hotels Group's Annual Report 2024
b. Scandic Hotels Group's Annual Report 2023
b. Scandic Hotels Group's Annual Report 2023
c. Scandic Hotels Group's Annual Report 2022
c. Scandic Hotels Group's Annual Report 2022

Insights into Scandic Hotels Group's Revenues from Sustainable Activities

In 2024, Scandic Hotels Group reported EU Taxonomy-eligible revenues of SEK 21.93 billion, representing 99.9% of its total turnover. Of this amount, SEK 0 of Scandic Hotels Group's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS). a

Insights into Scandic Hotels Group's CAPEX from Sustainable Activities

In 2024, Scandic Hotels Group reported EU Taxonomy-eligible CAPEX of SEK 3.61 billion, representing 100% of its total CAPEX. Of this amount, SEK 0 of Scandic Hotels Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS). a

Insights into Scandic Hotels Group's OPEX from Sustainable Activities

In 2024, Scandic Hotels Group reported EU Taxonomy-eligible OPEX of SEK 266.00 million, representing 100% of its total operating expenses (OPEX). Of this amount, SEK 0 of Scandic Hotels Group's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS). a

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