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 25 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Miramar Hotel and Investment reported total carbon emissions of approximately 5,366,880 kg CO2e. This figure includes 7,181,069 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 15,632,126 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, the company disclosed Scope 3 emissions of about 129,006 kg CO2e, primarily from business travel. In 2022, the total emissions were about 3,882,560 kg CO2e, with Scope 1 emissions at 3,146,180 kg CO2e and Scope 2 emissions at 736,380 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Despite the lack of specific reduction targets or initiatives disclosed, Miramar Hotel and Investment is actively monitoring its carbon footprint and has reported emissions data across multiple scopes. The company’s commitment to transparency in emissions reporting aligns with industry standards, although further details on reduction strategies or climate pledges are not available.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2022 | 2023 | |
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Scope 1 | 3,146,180 | 0,000,000 |
Scope 2 | 736,380 | 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 committed to any reduction initiatives 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.