Park Hotels And Resorts

Park Hotels and Resorts, operating in the hotel and restaurant services industry with its headquarters in the US, reported its Scope 1 and Scope 2 emissions for recent years. For 2024, the company recorded approximately 54.8 million kg CO2e for Scope 1 emissions and approximately 119.8 million kg CO2e for Scope 2 emissions. In 2023, Scope 1 emissions were approximately 59.4 million kg CO2e and Scope 2 emissions were approximately 137.4 million kg CO2e. These figures represent a decrease from 2019, when Scope 1 emissions were approximately 59.4 million kg CO2e and Scope 2 emissions were approximately 165.6 million kg CO2e.

Park Hotels and Resorts has outlined climate commitments focused on efficiency improvements. In 2023, the company completed 73 capital expenditure projects, totalling nearly $21 million, aimed at enhancing portfolio efficiency. These initiatives are projected to deliver a combined carbon reduction of 3% compared to their 2019 baseline across both Scope 1 and Scope 2 emissions. The company has not disclosed Scope 3 emissions data for the reported periods, with specific categories like purchased goods and services, and employee commute noted as missing data points.