Hyatt

Hyatt reported approximately 5.2 billion kg CO2e in total Scope 1, 2, and 3 emissions for 2024. This figure includes about 447.2 million kg CO2e from Scope 1 emissions and approximately 1.87 billion kg CO2e from market-based Scope 2 emissions. Scope 3 emissions were approximately 2.9 billion kg CO2e, with significant contributions from purchased goods and services (about 2.18 billion kg CO2e) and franchises (approximately 819.1 million kg CO2e).

Looking back, in 2023, Hyatt's total emissions were approximately 5.1 billion kg CO2e. This comprised around 425.1 million kg CO2e in Scope 1 emissions, approximately 1.85 billion kg CO2e in market-based Scope 2 emissions, and about 2.7 billion kg CO2e in Scope 3 emissions.

Hyatt is committed to reducing its carbon footprint. The company has a near-term Science Based Target initiative (SBTi) to reduce absolute Scope 1 and 2 GHG emissions by 27.5% by 2030, using a 2019 baseline. Furthermore, Hyatt aims to reduce Scope 3 GHG emissions from fuel and energy-related activities, waste generated in operations, business travel, and franchises by 53% per square meter by 2030, also from a 2019 base year. Hyatt also commits that 41% of its suppliers by emissions covering purchased goods and services will have science-based targets by 2025. Additionally, Hyatt has set long-term goals to achieve net-zero emissions for both Scope 1 and Scope 2 by 2050.