Hyatt

Hyatt's Climate Commitments and Emissions Performance

In 2024, Hyatt reported global greenhouse gas (GHG) emissions totalling approximately 3.5 billion kg CO2e. This figure encompasses Scope 1, 2, and 3 emissions. For the same year, Scope 1 emissions were approximately 447.2 million kg CO2e, and Scope 2 emissions (market-based) amounted to approximately 1.87 billion kg CO2e. Scope 3 emissions were substantial, driven largely by purchased goods and services at approximately 2.18 billion kg CO2e, and franchises at approximately 819.1 million kg CO2e.

In 2023, Hyatt's total GHG emissions were approximately 3.45 billion kg CO2e, with Scope 1 emissions at about 425.1 million kg CO2e and Scope 2 market-based emissions at approximately 1.85 billion kg CO2e.

Emissions Reduction Targets:

Hyatt has established several climate commitments:

• Net Zero by 2050: The company aims to achieve net zero GHG emissions across Scope 1 and Scope 2 by 2050.
• 2030 Reduction Targets: Hyatt is committed to reducing its absolute Scope 1 and Scope 2 GHG emissions by 27.5% by 2030, using a 2019 baseline. Furthermore, it aims to reduce certain Scope 3 emissions (including fuel and energy-related activities, waste generated in operations, business travel, and franchises) by 53% per square meter by 2030 from the same 2019 baseline.
• Supplier Engagement: By 2025, Hyatt aims for 41% of its suppliers, by emissions covering purchased goods and services, to have science-based targets.

These targets have been validated by the Science Based Targets initiative (SBTi), aligning with a Well-below 2°C pathway.