Marriott Vacations Worldwide
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 39 is higher than 94% 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 (MVW) reported total greenhouse gas emissions of approximately 22,374,989 kg CO2e, comprising 63,857,044 kg CO2e from Scope 1 and 159,892,851 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2022, where total emissions were about 237,463,277 kg CO2e, with Scope 1 emissions at 64,822,082 kg CO2e and Scope 2 emissions at 163,611,554 kg CO2e. MVW has set ambitious targets to reduce its carbon footprint, aiming for a 20% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2022 as the baseline year. This commitment underscores the company's proactive approach to climate action, as it also explores cost-effective strategies to enhance the resilience of its properties against climate change impacts. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, MVW's climate commitments reflect a growing recognition of the importance of sustainability within 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 | - | - | - |
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.
Marriott Vacations Worldwide is not participating in any of the initiatives that 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.
