Magnum Hospitality, headquartered in India, is a prominent player in the hospitality industry, specialising in hotel management and consultancy services. Founded in 2010, the company has rapidly expanded its operations across major regions, establishing a strong presence in both domestic and international markets. With a focus on delivering exceptional guest experiences, Magnum Hospitality offers a unique blend of luxury accommodations and tailored services, setting itself apart through innovative management practices and a commitment to quality. The company has achieved notable milestones, including partnerships with renowned hotel brands and recognition for excellence in service delivery. As a leader in the hospitality sector, Magnum Hospitality continues to enhance its market position, driven by a passion for hospitality and a dedication to creating memorable experiences for guests.
How does Magnum Hospitality'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.
Mean score of companies in the Food Product Manufacturing 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.
Magnum Hospitality's score of 0 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Magnum Hospitality, headquartered in India, has set ambitious climate commitments aimed at significantly reducing its carbon footprint. Although specific emissions data for the most recent year is not available, the company has established a target to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2022 as the base year. This target aligns with the Science Based Targets initiative (SBTi) and is designed to contribute to limiting global warming to 1.5°C. In addition to its focus on Scope 1 and Scope 2 emissions, Magnum Hospitality is committed to measuring and reducing its Scope 3 emissions, which encompass indirect emissions from its value chain. This comprehensive approach reflects the company's dedication to sustainability within the food and beverage processing sector. By implementing these reduction initiatives, Magnum Hospitality aims to play a proactive role in addressing climate change and enhancing its environmental performance.
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.
Magnum Hospitality is committed to some 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.