Grand Hotel Holdings Ltd. Sustainability Profile
Grand Hotel Holdings Ltd., headquartered in Hong Kong, is a prominent player in the hospitality industry, specialising in luxury hotel management and development. Founded in the early 2000s, the company has established a strong presence across Asia, with a focus on delivering exceptional guest experiences in major urban centres. Renowned for its portfolio of upscale hotels and resorts, Grand Hotel Holdings Ltd. distinguishes itself through innovative design and personalised service. The company has achieved significant milestones, including multiple awards for excellence in hospitality and sustainability initiatives. With a commitment to quality and a strategic approach to market expansion, Grand Hotel Holdings Ltd. continues to solidify its position as a leader in the competitive hospitality landscape.
DitchCarbon Score
How does Grand Hotel Holdings 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.
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
Grand Hotel Holdings Ltd.'s score of 74 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grand Hotel Holdings Ltd., headquartered in Hong Kong (HK), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Hang Lung Properties Limited, which influences its climate commitments and initiatives. While Grand Hotel Holdings Ltd. does not have its own reduction targets, it inherits sustainability initiatives from its parent company, Hang Lung Properties Limited. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are aimed at reducing greenhouse gas emissions and enhancing transparency in climate-related performance. As part of its corporate family, Grand Hotel Holdings Ltd. aligns with the broader climate strategies set forth by Hang Lung Group Limited, which operates at a higher cascade level. However, specific reduction targets or achievements have not been disclosed for Grand Hotel Holdings Ltd. itself. In summary, while Grand Hotel Holdings Ltd. does not provide specific emissions data or reduction targets, it is positioned within a corporate structure that prioritises climate action through inherited commitments from its parent organisations.
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| 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 364,280 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 105,720,130 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Grand Hotel Holdings Ltd.'s Industry?
How Carbon Intensive is Grand Hotel Holdings Ltd.'s Location?
Grand Hotel Holdings Ltd.'s Scope 3 Categories Breakdown
Grand Hotel Holdings Ltd.'s Scope 3 emissions, which increased by 83% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 72% of Scope 3 emissions.
Top Scope 3 Categories
Grand Hotel Holdings Ltd.'s Climate Goals (2030 & 2050)
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.
Grand Hotel Holdings 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.
