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 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 90% 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 recorded 129,006 kg CO2e in Scope 3 emissions, specifically 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. The increase in emissions from 2022 to 2023 indicates a significant rise in operational activities or energy consumption. Currently, Miramar Hotel and Investment has not established specific reduction targets or climate pledges, which may reflect a broader industry context where many organisations are still developing comprehensive climate strategies. The absence of documented reduction initiatives suggests an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
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.