In 2023, Summit Hotel Properties 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) and Scope 2 (indirect emissions from purchased energy).
However, Summit Hotel Properties has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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 |
Unspecified Calculation Method | 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 2023, the total operational greenhouse gas (GHG) emissions of Summit Hotel Properties amounted to 62,784 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 2022, the total operational greenhouse gas (GHG) emissions of Summit Hotel Properties decreased by 1.42%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Summit Hotel Properties were 17,927 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Summit Hotel Properties's Scope 1 emissions have increased by 7.26%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Summit Hotel Properties's Scope 1 emissions increased by 4.73%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Summit Hotel Properties reported Scope 2 greenhouse gas (GHG) emissions of 44,857 tCO₂e using the market-based method.a
Since 2019, Summit Hotel Properties's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 24.1%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Summit Hotel Properties's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Summit Hotel Properties's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Summit Hotel Properties reported its Scope 2 emissions using the market-based method.a
In 2023, Summit Hotel Properties reported Scope 1 greenhouse gas (GHG) emissions of 17,927 tCO₂e and total revenues of USD 736 millions. This translates into an emissions intensity of 24.35 tCO₂e per millions USD.a
In 2023, Summit Hotel Properties reported a Scope 1 emissions intensity of 24.35 tCO₂e per millions USD. Compared to the peer group median of 16.29, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Summit Hotel Properties ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Summit Hotel Properties among the least efficient performers, with one of the highest emissions intensities in its sector.a