Belmond Ltd., headquartered in Bermuda (BM), is a distinguished player in the luxury hospitality and travel industry. Founded in 1976, the company has established a remarkable portfolio of unique hotels, trains, and river cruises across some of the world's most iconic destinations, including Europe, South America, and Asia. Belmond is renowned for its exceptional service and immersive experiences, offering guests a blend of local culture and luxury. Its core offerings include opulent hotels, such as the Belmond Hotel Cipriani in Venice, and the legendary Belmond Royal Scotsman train, which provides a unique way to explore the Scottish Highlands. With a strong market position, Belmond has garnered numerous accolades for its commitment to excellence and sustainability, making it a leader in the luxury travel sector.
How does Belmond Ltd.'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 Hospitality 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.
Belmond Ltd.'s score of 80 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Belmond Ltd., headquartered in BM, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of LVMH Moët Hennessy - Louis Vuitton, Société Européenne, and therefore, its climate commitments and emissions data are cascaded from this parent organisation. Belmond Ltd. inherits its climate initiatives and targets from LVMH, which is actively engaged in reducing its carbon footprint across various scopes of emissions. However, specific reduction targets or achievements for Belmond Ltd. itself have not been disclosed. The company is aligned with LVMH's broader sustainability goals, which include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). As part of its climate strategy, Belmond Ltd. is expected to follow the industry standards set by its parent company, focusing on reducing emissions across all scopes, although detailed figures and specific targets for Belmond Ltd. are not currently available.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 505,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,150,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 |
Belmond Ltd.'s Scope 3 emissions, which increased by 5% last year and decreased by approximately 0% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 50% of Scope 3 emissions.
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.
Belmond Ltd. 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.