Travel + Leisure Co

Common Name
Travel + Leisure
Country
United States
Sector
Consumer Cyclical
Industry
Travel Services
Employees
19,000
Ticker
TNL
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Travel + Leisure Co. is an integrated company that plays a significant role in the hospitality and travel industry. The company primarily functions as a global provider of hospitality services and exp...

Travel + Leisure's GHG Emissions Data Preview

In 2023, Travel + Leisure 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, Travel + Leisure has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Travel + Leisure’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 Travel + Leisure’s data sources below and access millions more through our Disclosure Search.

a. Travel + Leisure's ESG Report 2023
a. Travel + Leisure's ESG Report 2023
b. Travel + Leisure's CSR Report 2021
b. Travel + Leisure's CSR Report 2021

Insights into Travel + Leisure's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Travel + Leisure amounted to 166,304 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 Travel + Leisure decreased by 3.34%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Travel + Leisure's Scope 1 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e+1%-2%+7%+3%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Travel + Leisure's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Travel + Leisure were 56,535 metric tons of CO₂ equivalent (tCO₂e). a

Has Travel + Leisure reduced its Scope 1 emissions over time?

Since 2018, Travel + Leisure's Scope 1 emissions have increased by 11.81%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Travel + Leisure's Scope 1 emissions increased by 1.44%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Travel + Leisure's Scope 2 emissions?

In 2023, Travel + Leisure reported Scope 2 greenhouse gas (GHG) emissions of 110,884 tCO₂e using the market-based method and 109,769 tCO₂e using the location-based method. a

Has Travel + Leisure reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Travel + Leisure's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Travel + Leisure 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Travel + Leisure use for Scope 2 reporting?

In 2023, Travel + Leisure reported its Scope 2 emissions using the market-based method and using the location-based method. a

Travel + Leisure's Scope 2 Emissions Over Time

201820192020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Travel + Leisure’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Travel + Leisure reported Scope 1 greenhouse gas (GHG) emissions of 56,535 tCO₂e and total revenues of USD 3,750 millions. This translates into an emissions intensity of 15.08 tCO₂e per millions USD. a

Travel + Leisure's Scope 1 Emissions Intensity Compared to Peers

1002,000100,0002,000,00050,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,00050,000Revenues (Millions of USD)Royal Caribbean CruisesYear: 2023Scope 1: 5,375,318 tCO2eRevenue: $M 13,900Scope 1 Intensity: 386.71 tCO2e/$MMeritage HomesYear: 2024Scope 1: 5,129 tCO2eRevenue: $M 6,393Scope 1 Intensity: 0.80 tCO2e/$MGraphic Packaging HoldingYear: 2023Scope 1: 1,635,700 tCO2eRevenue: $M 9,428Scope 1 Intensity: 173.49 tCO2e/$MMattelYear: 2022Scope 1: 14,170 tCO2eRevenue: $M 5,435Scope 1 Intensity: 2.61 tCO2e/$MFloor & Decor HoldingsYear: 2023Scope 1: 22,660 tCO2eRevenue: $M 4,414Scope 1 Intensity: 5.13 tCO2e/$MTaylor Morrison HomeYear: 2024Scope 1: 7,460 tCO2eRevenue: $M 8,168Scope 1 Intensity: 0.91 tCO2e/$MLevi Strauss & CoYear: 2023Scope 1: 10,000 tCO2eRevenue: $M 6,179Scope 1 Intensity: 1.62 tCO2e/$MBrinker InternationalYear: 2025Scope 1: 140,893 tCO2eRevenue: $M 5,384Scope 1 Intensity: 26.17 tCO2e/$MSkechers USAYear: 2023Scope 1: 10,610 tCO2eRevenue: $M 8,000Scope 1 Intensity: 1.33 tCO2e/$MAirbnbYear: 2023Scope 1: 1,303 tCO2eRevenue: $M 9,916Scope 1 Intensity: 0.13 tCO2e/$MService Corporation InternationalYear: 2023Scope 1: 110,537 tCO2eRevenue: $M 4,100Scope 1 Intensity: 26.96 tCO2e/$MBooking HoldingsYear: 2024Scope 1: 2,268 tCO2eRevenue: $M 23,749Scope 1 Intensity: 0.10 tCO2e/$MBrunswickYear: 2024Scope 1: 82,745 tCO2eRevenue: $M 5,237Scope 1 Intensity: 15.80 tCO2e/$MThor IndustriesYear: 2024Scope 1: 51,703 tCO2eRevenue: $M 10,043Scope 1 Intensity: 5.15 tCO2e/$MCarnivalYear: 2023Scope 1: 9,610,000 tCO2eRevenue: $M 21,593Scope 1 Intensity: 445.05 tCO2e/$MVFYear: 2024Scope 1: 7,895 tCO2eRevenue: $M 10,454Scope 1 Intensity: 0.76 tCO2e/$MTexas RoadhouseYear: 2023Scope 1: 103,708 tCO2eRevenue: $M 4,632Scope 1 Intensity: 22.39 tCO2e/$MBoyd GamingYear: 2024Scope 1: 54,173 tCO2eRevenue: $M 3,930Scope 1 Intensity: 13.78 tCO2e/$MBath & Body WorksYear: 2023Scope 1: 17,599 tCO2eRevenue: $M 7,429Scope 1 Intensity: 2.37 tCO2e/$MHasbroYear: 2024Scope 1: 3,880 tCO2eRevenue: $M 4,136Scope 1 Intensity: 0.94 tCO2e/$MSealed AirYear: 2023Scope 1: 124,142 tCO2eRevenue: $M 5,489Scope 1 Intensity: 22.62 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MDeckers OutdoorYear: 2023Scope 1: 461 tCO2eRevenue: $M 3,626Scope 1 Intensity: 0.13 tCO2e/$MNorwegian Cruise Line HoldingsYear: 2024Scope 1: 3,242,719 tCO2eRevenue: $M 9,480Scope 1 Intensity: 342.07 tCO2e/$MTravel + LeisureYear: 2023Scope 1: 56,535 tCO2eRevenue: $M 3,750Scope 1 Intensity: 15.08 tCO2e/$M

How does Travel + Leisure's GHG emissions intensity compare to its peers?

In 2023, Travel + Leisure reported a Scope 1 emissions intensity of 15.08 tCO₂e per millions USD. Compared to the peer group median of 3.87 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Travel + Leisure rank on GHG emissions intensity within its industry?

In 2023, Travel + Leisure ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Travel + Leisure is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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