Public Profile

Miramar Hotel And Investment

Miramar Hotel and Investment Company, Limited, commonly referred to as Miramar Group, is a prominent player in the hospitality and property investment industry, headquartered in Hong Kong. Established in 1963, the company has evolved significantly, expanding its operations across major regions in Asia, particularly in Hong Kong and mainland China. Miramar Group is renowned for its diverse portfolio, which includes luxury hotels, serviced apartments, and commercial properties. Its flagship establishments, such as the Miramar Hotel in Tsim Sha Tsui, exemplify the company's commitment to exceptional service and unique guest experiences. With a strong market position, Miramar Group has garnered numerous accolades, solidifying its reputation as a leader in the hospitality sector.

DitchCarbon Score

How does Miramar Hotel And Investment'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.

32

Industry Average

Mean score of companies in the Hospitality 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.

21

Industry Benchmark

Miramar Hotel And Investment's score of 32 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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Miramar Hotel And Investment's reported carbon emissions

In 2023, Miramar Hotel and Investment reported total carbon emissions of approximately 5,366,880 kg CO2e. This figure includes about 7,181,069 kg CO2e from Scope 1 emissions, approximately 15,632,126 kg CO2e from Scope 2 emissions, and about 129,006 kg CO2e from Scope 3 emissions related to business travel. In 2022, the company’s total emissions were about 3,882,560 kg CO2e, with Scope 1 emissions at approximately 3,146,180 kg CO2e and Scope 2 emissions at around 736,380 kg CO2e. The significant increase in emissions from 2022 to 2023 highlights the need for ongoing climate commitments and strategies. Currently, Miramar Hotel and Investment has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests an opportunity for the company to enhance its sustainability efforts and align with industry standards for climate action.

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20222023
Scope 1
3,146,180
0,000,000
Scope 2
736,380
00,000,000
Scope 3
-
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Miramar Hotel And Investment's primary industry is Hotel and restaurant services (55), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Miramar Hotel And Investment is in HK, which we do not have grid emissions data for.

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.

Miramar Hotel And Investment 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers