Baccarat Sustainability Profile
Baccarat, officially known as Baccarat Hotel and Residences, is a prestigious luxury hospitality brand headquartered in the United States. Established in 2015, the company has quickly made a name for itself in the high-end hotel and residential market, with notable locations in major cities such as New York and Miami. Specialising in opulent accommodations and bespoke services, Baccarat distinguishes itself through its commitment to craftsmanship and elegance, drawing inspiration from its rich heritage in crystal manufacturing. The brand's unique offerings include lavish hotel suites, exclusive residences, and exceptional dining experiences, all designed to provide an unparalleled level of luxury. With a strong market position, Baccarat has garnered acclaim for its architectural beauty and exceptional service, solidifying its reputation as a leader in the luxury hospitality industry.
DitchCarbon Score
How does Baccarat's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Recreation and Sports Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Baccarat's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Baccarat's reported carbon emissions
Baccarat, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Baccarat S.A., which may influence its climate commitments and reporting practices. Despite the lack of direct emissions data, Baccarat's climate initiatives and commitments are likely aligned with industry standards, although specific reduction targets or achievements have not been disclosed. The absence of documented reduction initiatives or Science-Based Targets (SBTi) suggests that Baccarat may still be in the early stages of formalising its climate strategy. As a subsidiary, Baccarat may inherit broader sustainability goals from its parent company, Baccarat S.A., but specific details on these initiatives or targets have not been provided. The company’s commitment to addressing climate change remains unclear without concrete data or defined objectives.
How Carbon Intensive is Baccarat's Industry?
How Carbon Intensive is Baccarat's Location?
Baccarat's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Baccarat has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
