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.
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.
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.
Baccarat's score of 23 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 reported figures. The company is a current subsidiary of Baccarat S.A., which may influence its climate commitments and emissions reporting. As of now, Baccarat has not established any documented reduction targets or initiatives, nor does it participate in recognised frameworks such as the Science Based Targets initiative (SBTi). This lack of specific commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data and reduction initiatives, Baccarat's climate commitments remain unclear. However, as part of the broader industry context, it is essential for companies to adopt robust sustainability practices and set measurable targets to mitigate their environmental impact.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Baccarat is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.