Host Hotels And Resorts Sustainability Profile
Host Hotels & Resorts, Inc., headquartered in the United States, is a leading player in the hospitality industry, specialising in the ownership and operation of high-quality hotels. Founded in 1993, the company has established a significant presence across major operational regions, including urban and resort destinations throughout North America and internationally. With a diverse portfolio of luxury and upscale hotels, Host Hotels & Resorts focuses on providing exceptional guest experiences through its partnerships with renowned brands such as Marriott, Hyatt, and Hilton. The company is recognised for its commitment to sustainability and innovation, setting it apart in a competitive market. As one of the largest lodging real estate investment trusts (REITs) in the world, Host Hotels & Resorts continues to achieve notable milestones, solidifying its position as a leader in the hospitality sector.
DitchCarbon Score
How does Host Hotels And Resorts'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 Real Estate Services 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
Host Hotels And Resorts's score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Host Hotels And Resorts's reported carbon emissions
In 2023, Host Hotels and Resorts reported total carbon emissions of approximately 256,449,000 kg CO2e, which includes 84,826,000 kg CO2e from Scope 1 and 171,622,000 kg CO2e from market-based Scope 2 emissions. The company also disclosed Scope 3 emissions, amounting to about 12,341,000 kg CO2e from capital goods, 516,000 kg CO2e from business travel, and 216,000 kg CO2e from employee commuting, among others. Host Hotels and Resorts has set ambitious climate commitments, aiming for a 55% reduction in Scope 1 and 2 emissions per square foot by 2025, using a 2008 baseline. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global temperature rise to 1.5 degrees Celsius. Additionally, the company is committed to achieving net zero operational emissions by 2040, with a specific target of reducing absolute Scope 1 and 2 GHG emissions by 54% by 2030 from a 2019 base year. Overall, Host Hotels and Resorts is actively working towards significant emissions reductions while enhancing its sustainability practices in the hospitality sector.
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| 2008 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 126,407,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 542,338,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 00,000,000 | - | - | - | - | 00,000,000 |
How Carbon Intensive is Host Hotels And Resorts's Industry?
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Host Hotels And Resorts's Scope 3 Categories Breakdown
Host Hotels And Resorts's Scope 3 emissions, which decreased by 84% last year and decreased by approximately 88% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 5% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 92% of Scope 3 emissions.
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Host Hotels And Resorts'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.
Host Hotels And Resorts has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
