Magnificent Hotel Investments
Magnificent Hotel Investments, often referred to as MHI, is a premier player in the hospitality investment sector, headquartered in Hong Kong. Established in 2010, the company has rapidly expanded its footprint across Asia and beyond, focusing on strategic acquisitions and development of luxury hotels and resorts. MHI excels in providing tailored investment solutions, leveraging its deep industry expertise to enhance property value and operational efficiency. The firm is renowned for its unique approach to integrating sustainable practices within its portfolio, setting it apart in a competitive market. With a strong market position, Magnificent Hotel Investments has achieved notable milestones, including several award-winning properties that exemplify excellence in hospitality. The company continues to redefine luxury accommodation, making it a trusted name among investors and travellers alike.
DitchCarbon Score
How does Magnificent Hotel Investments'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 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
Magnificent Hotel Investments's score of 25 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Magnificent Hotel Investments's reported carbon emissions
In 2023, Magnificent Hotel Investments reported total carbon emissions of approximately 10,277,020 kg CO2e. This figure includes Scope 1 emissions, which were negligible due to no mobile combustion reported, while Scope 2 emissions contributed significantly to the total. The company has disclosed emissions data across all three scopes, with previous years showing a trend of fluctuating emissions: 8,719,170 kg CO2e in 2022, 9,192,420 kg CO2e in 2021, and 8,492,120 kg CO2e in 2020. In 2018, the company recorded total emissions of about 8,500,000 kg CO2e, with Scope 1 emissions at 641,800 kg CO2e, Scope 2 at 8,684,210 kg CO2e, and Scope 3 at 1,049,330 kg CO2e. Notably, the Scope 2 emissions have consistently represented the largest portion of their carbon footprint. Despite these figures, Magnificent Hotel Investments has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The absence of documented reduction initiatives suggests that the company may need to enhance its commitment to addressing climate change and reducing its overall carbon emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 641,800 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 8,684,210 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,049,330 | 000,000 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Magnificent Hotel Investments is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
