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Scandic Hotels Group AB
Scandic Hotels Group's GHG Emissions Data Preview
In 2024, Scandic Hotels Group 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).
Scandic Hotels Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Scandic Hotels Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into Scandic Hotels Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofScandic Hotels Group amounted to25,873.5metric 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 Scandic Hotels Groupdecreased by 24.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Scandic Hotels Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Scandic Hotels Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Scandic Hotels Group were 3,591.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Scandic Hotels Group reduced its Scope 1 emissions over time?
Since 2019, Scandic Hotels Group's Scope 1 emissions have increased by 88.82%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Scandic Hotels Group's Scope 1 emissions increased by 41.45%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Scandic Hotels Group's Scope 2 emissions?
In 2024, Scandic Hotels Group reported Scope 2 greenhouse gas (GHG) emissions of 22,282.4 tCOâ‚‚e without specifying the calculation method.a
Has Scandic Hotels Group reduced its Scope 2 emissions over time?
Since 2019, Scandic Hotels Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 35.58%, reflecting a declining long-term trend in Scope 2 emissions over time.a
What methodology does Scandic Hotels Group use for Scope 2 reporting?
In 2024, Scandic Hotels Group reported its Scope 2 emissions using an unspecified methodology.a
Scandic Hotels Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Scandic Hotels Group's Value Chain Emissions
In 2024, Scandic Hotels Group reported 7,924.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Scandic Hotels Group includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Scandic Hotels Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Scandic Hotels Group's Scope 3 emissions?
In 2024, Scandic Hotels Group reported total Scope 3 emissions of 7,924.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 14.17%of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.83%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Scandic Hotels Group reduced its Scope 3 emissions over time?
Since 2019, Scandic Hotels Group's Scope 3 emissionshave increased by 495.53%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Scandic Hotels Group's Scope 3 emissions increased by 1,057.57%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Scandic Hotels Group disclose?
In 2024, Scandic Hotels Group reported emissions for 2 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.
What are the main sources of Scandic Hotels Group's Scope 3 emissions?
In 2024, the largest contributors to Scandic Hotels Group's Scope 3 emissions were:a
- Franchises (Cat. 14): 6,801.8 tCOâ‚‚e(85.83%)
- Business Travel (Cat. 6): 1,122.9 tCOâ‚‚e(14.17%)
Scandic Hotels Group's Scope 3 Emissions by Categories
Insights into Scandic Hotels Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Scandic Hotels Group reported Scope 1 greenhouse gas (GHG) emissions of 3,591.1 tCOâ‚‚e and total revenues of USD 1,993 millions. This translates into an emissions intensity of 1.8 tCOâ‚‚e per millions USD.a
Scandic Hotels Group's Scope 1 Emissions Intensity Compared to Peers
How does Scandic Hotels Group's GHG emissions intensity compare to its peers?
In 2024, Scandic Hotels Group reported a Scope 1 emissions intensity of 1.8 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.79, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Scandic Hotels Group rank on GHG emissions intensity within its industry?
In 2024, Scandic Hotels Group ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Scandic Hotels Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Scandic Hotels Group's Total Carbon Footprint
In 2024, Scandic Hotels Group reported a total carbon footprint of 33,798.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.76% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Scandic Hotels Group's total carbon footprint was Scope 2 emissions, accounting for 65.93% of the company's total carbon footprint, followed by Scope 3 emissions at 23.45%.a