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OrganisationsMiramar Hotel And Investment
Miramar Hotel And Investment logo

Miramar Hotel And Investment

HospitalityHong Kong SAR ChinaPNK: MMHTF
Last verified 9 months agomiramar-group.com

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.

24
DitchCarbon score

-1 vs industry average

Miramar Hotel And Investment’s score of 24 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Medium

Hospitality has typical carbon intensity

Industry performance

0.125
20192025

The Hospitality industry has reduced its overall emissions by 22% since 2019

Emissions trajectory 2020 – 2027

00.0M00.0M00.0M0.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Miramar Hotel And Investment's reported carbon emissions

In 2024, Miramar Hotel and Investment, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 20.5 million kg CO2e. This figure comprises 4,681,536 kg CO2e from Scope 1 emissions and 15,770,854 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year.

For the previous year, 2023, the total emissions were approximately 22.8 million kg CO2e, with Scope 1 emissions at 7,181,069 kg CO2e, Scope 2 emissions at 15,632,126 kg CO2e, and Scope 3 emissions, specifically from business travel, at 129,006 kg CO2e.

Miramar Hotel and Investment has not set any specific reduction targets or initiatives as part of their climate commitments, nor do they participate in the Science Based Targets initiative (SBTi). The absence of reduction targets indicates a potential area for improvement in their sustainability strategy.

Overall, while the company has made strides in reporting its emissions, further commitments to reduction initiatives could enhance its climate impact and align with industry standards.

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Miramar Hotel And Investment’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Miramar Hotel And Investment yet.

Scope 3 top emissions categories

1 of 15 categories disclosed
Business Travel100%
Business Travel100%

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Miramar Hotel And Investment logoMiramar Hotel And Investment
HKHospitality
9 months ago
24
Accor SA logoAccor SA
FRHospitality
22 hours ago
87
View
Marriott logoMarriott
USHotels (except Casino Hotels) and Motels
1 day ago
81
View
Expedia logoExpedia
USTransport Services
23 hours ago
53
View
Airbnb logoAirbnb
USHospitality
1 day ago
50
View
Hilton logoHilton
USHotels (except Casino Hotels) and Motels
1 day ago
48
View
Radisson Hotel logoRadisson Hotel
BEHospitality
1 day ago
45
View

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