Public Profile

Covivio Hotels

Covivio Hotels, a prominent player in the hospitality sector, is headquartered in France and operates extensively across Europe. Founded in 2018, Covivio has quickly established itself as a leader in the hotel investment and management industry, focusing on creating innovative and sustainable hotel experiences. The company’s portfolio includes a diverse range of properties, from luxury hotels to budget accommodations, catering to various market segments. Covivio's unique approach combines strategic partnerships with renowned hotel brands and a commitment to sustainability, setting it apart in a competitive landscape. With a strong market position, Covivio Hotels has achieved notable milestones, including significant expansions in key European cities. Their dedication to quality and guest satisfaction continues to drive their success in the ever-evolving hospitality market.

DitchCarbon Score

How does Covivio Hotels'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.

32

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Covivio Hotels's score of 32 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Covivio Hotels's reported carbon emissions

In 2023, Covivio Hotels reported total carbon emissions of approximately 25,809,000 kg CO2e, comprising about 10,624,000 kg CO2e from Scope 1 and about 15,186,000 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2022, where total emissions were about 27,169,000 kg CO2e, with Scope 1 emissions at approximately 10,766,000 kg CO2e and Scope 2 emissions at about 16,403,000 kg CO2e. Covivio Hotels has not specified any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company is actively monitoring its carbon intensity, which was reported at approximately 20,500 kg CO2e per square metre in 2023, down from about 22,600 kg CO2e per square metre in 2022. This indicates a commitment to improving operational efficiency and reducing emissions over time. Overall, Covivio Hotels is making strides in managing its carbon footprint, although specific reduction initiatives and targets have not been detailed.

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20222023
Scope 1
10,766,000
00,000,000
Scope 2
16,403,000
00,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Covivio Hotels's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Covivio Hotels is headquartered in FR, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Covivio Hotels is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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