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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Shangri-La Asia were 150,000 metric tons of CO₂ equivalent (tCO₂e).a
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
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
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
In 2024, Shangri-La Asia reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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
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.
In 2024, the largest contributors to Shangri-La Asia's Scope 3 emissions were:a
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
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
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
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