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.
Industry Average
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.
Industry Benchmark
Covivio Hotels's score of 39 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 reduction 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. Despite these reductions, Covivio Hotels has not disclosed specific reduction targets or initiatives aimed at further decreasing their carbon footprint. The company has not provided data on Scope 3 emissions, which typically encompass indirect emissions from the supply chain and other activities. Covivio Hotels is committed to addressing climate change, but further details on their climate pledges or specific strategies for emissions reduction are not available. The hotel sector is increasingly focusing on sustainability, and Covivio's ongoing efforts to monitor and report emissions reflect a growing industry trend towards transparency and accountability in climate commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 10,766,000 | 00,000,000 |
| Scope 2 | 16,403,000 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions 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 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.
