Morgans Hotel Group Company Sustainability Profile
Morgans Hotel Group Company, a prominent player in the hospitality industry, is headquartered in the United States. Founded in 1984, the company has established itself as a leader in the boutique hotel sector, with a strong presence in major cities across North America and Europe. Known for its innovative approach to hotel design and guest experience, Morgans Hotel Group offers a unique blend of luxury and style, catering to discerning travellers. The company’s portfolio includes iconic properties such as Morgans, Delano, and Mondrian, each distinguished by their distinctive aesthetics and personalised service. With a commitment to creating memorable stays, Morgans Hotel Group has garnered numerous accolades, solidifying its market position as a trendsetter in the boutique hotel landscape.
DitchCarbon Score
How does Morgans Hotel Group Company'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.
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.
Industry Benchmark
Morgans Hotel Group Company's score of 75 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Morgans Hotel Group Company, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Accor SA, which influences its climate commitments and initiatives. While Morgans Hotel Group Company has not set its own reduction targets, it inherits sustainability initiatives from Accor SA, which has established science-based targets (SBTi) and other climate commitments. These initiatives aim to reduce emissions across various scopes, including Scope 1, 2, and 3, although specific figures for Morgans Hotel Group are not available. As part of its commitment to sustainability, Morgans Hotel Group Company aligns with Accor SA's broader climate strategies, which focus on reducing the environmental impact of its operations. The company is expected to adhere to the industry standards set by its parent organisation, contributing to a collective effort towards achieving significant reductions in carbon emissions in the hospitality sector.
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| 2011 | 2012 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 186,455,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 892,678,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Morgans Hotel Group Company's Scope 3 Categories Breakdown
Morgans Hotel Group Company's Scope 3 emissions, which decreased by 0% last year and increased by approximately 6% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 57% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 32% of Scope 3 emissions.
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Morgans Hotel Group Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Morgans Hotel Group Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
