Marriott Vacations Worldwide Sustainability Profile
Marriott Vacations Worldwide Corporation, commonly referred to as MVW, is a leading player in the global hospitality industry, headquartered in the United States. Founded in 1984, the company has established itself as a premier provider of vacation ownership and resort management services, primarily operating in North America, the Caribbean, and Europe. MVW offers a diverse range of products, including timeshare ownership through its renowned brands such as Marriott Vacation Club and The Ritz-Carlton Destination Club. What sets Marriott Vacations apart is its commitment to quality and customer satisfaction, ensuring memorable experiences for its owners and guests. With a strong market position, MVW has achieved significant milestones, including the acquisition of several key brands, solidifying its reputation as a trusted name in vacation ownership.
DitchCarbon Score
How does Marriott Vacations Worldwide'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 Transport 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
Marriott Vacations Worldwide's score of 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marriott Vacations Worldwide's reported carbon emissions
In 2023, Marriott Vacations Worldwide reported total greenhouse gas emissions of approximately 63,857,044 kg CO2e for Scope 1 and about 159,892,851 kg CO2e for Scope 2, resulting in a combined total of around 223,749,895 kg CO2e. This data reflects the company's commitment to transparency in its climate impact, with emissions disclosed for both Scope 1 and Scope 2. Marriott Vacations Worldwide has set ambitious reduction targets, aiming to decrease its Scope 1 and Scope 2 emissions by 20% from a 2022 baseline by the year 2030. This commitment underscores the company's proactive approach to mitigating its carbon footprint and aligns with industry standards for climate action. The company has consistently reported its emissions data, with previous years showing similar trends. In 2022, Scope 1 emissions were approximately 64,822,082 kg CO2e and Scope 2 emissions were about 163,611,554 kg CO2e, leading to a total of around 228,433,636 kg CO2e. In 2021, the figures were approximately 72,995,982 kg CO2e for Scope 1 and 154,218,761 kg CO2e for Scope 2, totalling about 227,214,743 kg CO2e. Marriott Vacations Worldwide's emissions data is independently reported and does not cascade from a parent company, ensuring that the figures reflect the company's own operational impact. The organisation is committed to ongoing improvements in energy efficiency and sustainability practices, contributing to a more sustainable future in the hospitality industry.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 72,995,982 | 00,000,000 | 00,000,000 |
| Scope 2 | 154,218,761 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Marriott Vacations Worldwide's Industry?
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Marriott Vacations Worldwide'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.
Marriott Vacations Worldwide has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
