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.
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.
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.
Miramar Hotel And Investment's score of 37 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Miramar Hotel and Investment reported total carbon emissions of approximately 20,452,390 kg CO2e, comprising 4,681,536 kg CO2e from Scope 1 and 15,770,854 kg CO2e from Scope 2 emissions. This reflects a decrease from 2023, where total emissions were about 22,813,194 kg CO2e, with Scope 1 emissions at 7,181,069 kg CO2e and Scope 2 emissions at 15,632,126 kg CO2e. The company also reported Scope 3 emissions of 129,006 kg CO2e related to business travel in 2023. Despite these figures, Miramar Hotel and Investment has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions data is self-reported and does not cascade from a parent organization, ensuring that the figures reflect its direct operational impact. Overall, while Miramar Hotel and Investment has made strides in tracking its carbon footprint, the lack of formal reduction commitments highlights an area for potential improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 2,112,177 | 0,000,000 | 0,000,000 |
Scope 2 | 15,104,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 000,000 | - |
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.