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Shangri-La Asia Ltd

Common Name
Shangri-La Asia
Country
Hong Kong
Sector
Consumer Cyclical
Industry
Lodging
Employees
24,800
Ticker
69
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management ...

Shangri-La Asia's GHG Emissions Data Preview

In 2024, Shangri-La Asia 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).

Shangri-La Asia has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Shangri-La Asia’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2022, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Shangri-La Asia’s Greenhouse Gas (GHG) Emissions 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 Shangri-La Asia’s data sources below and access millions more through our Disclosure Search.

a. Shangri-La Asia's Sustainability Report 2024
b. Shangri-La Asia's Sustainability Report 2023

Insights into Shangri-La Asia's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Shangri-La Asia amounted to 842,000 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Shangri-La Asia decreased by 3.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Shangri-La Asia's Scope 1 Emissions Over Time

202220232024040 k80 k120 k160 ktCO2e+40%0%
  • Total Scope 1
  • Year-over-Year Change

What are Shangri-La Asia's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Shangri-La Asia were 150,000 metric tons of CO₂ equivalent (tCO₂e).a

Has Shangri-La Asia reduced its Scope 1 emissions over time?

Since 2022, Shangri-La Asia's Scope 1 emissions have increased by 40.19%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Shangri-La Asia's Scope 1 emissions remained relatively stable, indicating that Shangri-La Asia's emissions have plateaued with no significant change in its operational footprint.a

What are Shangri-La Asia's Scope 2 emissions?

In 2024, Shangri-La Asia reported Scope 2 greenhouse gas (GHG) emissions of 681,000 tCO₂e using the market-based method and 692,000 tCO₂e using the location-based method.a

Has Shangri-La Asia reduced its Scope 2 emissions over time?

Since 2022, Shangri-La Asia's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Shangri-La Asia's emissions have plateaued with no significant change in its energy consumption footprint.a

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

What methodology does Shangri-La Asia use for Scope 2 reporting?

In 2024, Shangri-La Asia reported its Scope 2 emissions using the market-based method and using the location-based method.a

Shangri-La Asia's Scope 2 Emissions Over Time

2022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Shangri-La Asia's Value Chain Emissions

In 2024, Shangri-La Asia reported 742,182 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Shangri-La Asia includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Shangri-La Asia's Scope 3 Emissions Over Time

2022202320240200 k400 k600 k800 ktCO2e-17%+945%
  • Total Scope 3
  • Year-over-Year Change

What are Shangri-La Asia's Scope 3 emissions?

In 2024, Shangri-La Asia reported total Scope 3 emissions of 742,182 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 89.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.94% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Shangri-La Asia reduced its Scope 3 emissions over time?

Since 2022, Shangri-La Asia's Scope 3 emissions have increased by 763%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Shangri-La Asia's Scope 3 emissions increased by 945.33%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Shangri-La Asia disclose?

In 2024, Shangri-La Asia reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Shangri-La Asia's Scope 3 emissions?

In 2024, the largest contributors to Shangri-La Asia's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 415,493 tCO₂e (55.98%)
  • Fuel- and Energy-Related Services (Cat. 3): 159,540 tCO₂e (21.5%)
  • Investments (Cat. 15): 39,503 tCO₂e (5.32%)

Shangri-La Asia's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(21.5%)Investments(Cat. 15)(5.3%)Purchased Goods andServices (Cat. 1)(56.0%)

Insights into Shangri-La Asia’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Shangri-La Asia reported Scope 1 greenhouse gas (GHG) emissions of 150,000 tCO₂e and total revenues of USD 17,065 millions. This translates into an emissions intensity of 8.79 tCO₂e per millions USD.a

Shangri-La Asia's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)CHCMSWhitbreadYear: 2025Scope 1: 58,469 tCO2eRevenue: $M 3,681Scope 1 Intensity: 15.88 tCO2e/$MGeely Automobile HoldingsYear: 2024Scope 1: 170,646 tCO2eRevenue: $M 35,848Scope 1 Intensity: 4.76 tCO2e/$MCCCTG InternationalYear: 2023Scope 1: 26,229 tCO2eRevenue: $M 576Scope 1 Intensity: 45.57 tCO2e/$MJohnson Electric HoldingsYear: 2025Scope 1: 30,923 tCO2eRevenue: $M 28,409Scope 1 Intensity: 1.09 tCO2e/$MHHH World GroupYear: 2024Scope 1: 39,310 tCO2eRevenue: $M 3,564Scope 1 Intensity: 11.03 tCO2e/$MYue YuenYear: 2024Scope 1: 71,000 tCO2eRevenue: $M 64,033Scope 1 Intensity: 1.11 tCO2e/$MInterContinental Hotels GroupYear: 2024Scope 1: 359,349 tCO2eRevenue: $M 4,923Scope 1 Intensity: 72.99 tCO2e/$MChow Tai Fook Jewellery GroupYear: 2025Scope 1: 2,067 tCO2eRevenue: $M 11,522Scope 1 Intensity: 0.18 tCO2e/$MHanjin KalYear: 2024Scope 1: 26,048,748 tCO2eRevenue: $M 199Scope 1 Intensity: 130,832.49 tCO2e/$MMan Wah HoldingsYear: 2025Scope 1: 31,473 tCO2eRevenue: $M 2,172Scope 1 Intensity: 14.49 tCO2e/$MCCChow Sang Sang Holdings InternationalYear: 2024Scope 1: 681 tCO2eRevenue: $M 2,726Scope 1 Intensity: 0.25 tCO2e/$MMelco Resorts & EntertainmentYear: 2024Scope 1: 28,217 tCO2eRevenue: $M 4,638Scope 1 Intensity: 6.08 tCO2e/$MMinor InternationalYear: 2024Scope 1: 194,384 tCO2eRevenue: $M 4,699Scope 1 Intensity: 41.36 tCO2e/$MMelia Hotels InternationalYear: 2024Scope 1: 286,028 tCO2eRevenue: $M 2,087Scope 1 Intensity: 137.06 tCO2e/$MGalaxy Entertainment GroupYear: 2024Scope 1: 402,597 tCO2eRevenue: $M 5,592Scope 1 Intensity: 71.99 tCO2e/$MCrystal International GroupYear: 2024Scope 1: 49,824 tCO2eRevenue: $M 2,470Scope 1 Intensity: 20.17 tCO2e/$MIndian HotelsYear: 2025Scope 1: 26,136 tCO2eRevenue: $M 941Scope 1 Intensity: 27.77 tCO2e/$MWyndham Hotels & ResortsYear: 2024Scope 1: 15,889 tCO2eRevenue: $M 1,408Scope 1 Intensity: 11.28 tCO2e/$MMinor HotelsYear: 2024Scope 1: 46,150 tCO2eRevenue: $M 2,516Scope 1 Intensity: 18.34 tCO2e/$MScandic Hotels GroupYear: 2024Scope 1: 3,591 tCO2eRevenue: $M 1,993Scope 1 Intensity: 1.80 tCO2e/$MMMMandarin Oriental InternationalYear: 2024Scope 1: 26,058 tCO2eRevenue: $M 526Scope 1 Intensity: 49.56 tCO2e/$MSSSoho House & CoYear: 2024Scope 1: 10,273 tCO2eRevenue: $M 1,204Scope 1 Intensity: 8.53 tCO2e/$MPierre et VacancesYear: 2024Scope 1: 101,966 tCO2eRevenue: $M 2,031Scope 1 Intensity: 50.21 tCO2e/$MHilton Worldwide HoldingsYear: 2024Scope 1: 442,406 tCO2eRevenue: $M 11,174Scope 1 Intensity: 39.59 tCO2e/$MAccorYear: 2024Scope 1: 612,000 tCO2eRevenue: $M 5,834Scope 1 Intensity: 104.91 tCO2e/$MShangri-La AsiaYear: 2024Scope 1: 150,000 tCO2eRevenue: $M 17,065Scope 1 Intensity: 8.79 tCO2e/$M

How does Shangri-La Asia's GHG emissions intensity compare to its peers?

In 2024, Shangri-La Asia reported a Scope 1 emissions intensity of 8.79 tCO₂e per millions USD. Compared to the peer group median of 18.34, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Shangri-La Asia rank on GHG emissions intensity within its industry?

In 2024, Shangri-La Asia ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Shangri-La Asia is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Shangri-La Asia's Total Carbon Footprint

In 2024, Shangri-La Asia reported a total carbon footprint of 1,584,182 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 68.53% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Shangri-La Asia's total carbon footprint was Scope 3 emissions, accounting for 46.85% of the company's total carbon footprint, followed by Scope 2 emissions at 43.68%.a

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