Five Holdings

Five Holdings's reported carbon emissions

Five Holdings, an entity in the hotel and restaurant services sector headquartered in AE, has reported Scope 1 and 2 emissions for recent years. For 2022, the company reported approximately 9,050,696 kg CO2e for Scope 1 and 2 emissions. In 2021, Scope 2 emissions, specifically purchased electricity, amounted to approximately 10,374,066 kg CO2e, contributing to a combined Scope 1 and 2 total of approximately 19,689.11 kg CO2e. The year prior, 2020, saw Scope 2 purchased electricity emissions of about 10,483,816 kg CO2e, with a Scope 1 and 2 total of approximately 19,110.15 kg CO2e. The company's 2023 sustainability report highlights carbon footprint intensity metrics per occupied room night for specific properties: FIVE Palm Jumeirah recorded approximately 24.8 kg CO2e per occupied room night, while FIVE Zurich reported approximately 5.1 kg CO2e per occupied room night. For its Dubai operational properties, Five Holdings reported a carbon intensity ratio of approximately 0.02992 MtCO2e per million AED in 2023. Five Holdings's climate commitments include initiatives focused on reducing carbon use intensity, electricity use intensity, and water consumption per capita, with reported reductions of 7.62%, 4.91%, and 36.2% respectively. The company has not disclosed specific absolute emissions reduction targets or participation in initiatives like the Science Based Targets initiative (SBTi).