Host Hotels And Resorts

Host Hotels & Resorts, a US-based real estate services company, is actively working to reduce its carbon footprint. In 2023, the company reported total emissions of approximately 268.4 million kg CO2e. This included Scope 1 emissions of around 84.8 million kg CO2e and Scope 2 emissions (market-based) of about 171.6 million kg CO2e. Scope 3 emissions in 2023 were approximately 13.4 million kg CO2e, primarily from capital goods (12.3 million kg CO2e) and business travel (0.5 million kg CO2e).

Host Hotels & Resorts has set ambitious climate commitments, with several targets verified by the Science Based Targets initiative (SBTi). The company aims for net-zero operational emissions by 2040 and aspires to become a "net positive" company by 2050, extending beyond net zero to include energy, emissions, water, waste, and biodiversity conservation.

For near-term reductions, Host Hotels & Resorts commits to reducing absolute Scope 1 and 2 GHG emissions by 54% by 2030 from a 2019 base year, a target classified as consistent with a 1.5°C warming limit by SBTi. Additionally, a previous SBTi-approved target committed to reducing Scope 1 and 2 GHG emissions by 55% per square foot by 2025 from a 2008 base year. As of year-end 2023, the company reported a 50.26% reduction in Scope 1 and 2 GHG emissions intensity compared to its 2008 baseline. Host Hotels & Resorts also reported a 20.4% reduction in Scope 1 and 2 GHG emissions intensity compared to its 2019 baseline as of year-end 2023. These efforts focus on renewable energy and energy efficiency investments to achieve further GHG reductions.