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Park Hotels and Resorts, headquartered in the United States, is a prominent player in the hotel and restaurant services industry. Founded in 2016, the company has rapidly established itself as a leader in the hospitality sector, focusing on premium hotels and resorts across major operational regions in the US and internationally.
Specialising in high-quality accommodations and exceptional guest experiences, Park Hotels and Resorts offers a diverse portfolio of properties, including upscale and luxury hotels. Their commitment to innovation and sustainability sets them apart in a competitive market. With a strong market position, the company has achieved notable milestones, including strategic acquisitions that enhance its offerings and expand its reach.
27
DitchCarbon score
+1 vs industry average
Park Hotels And Resorts’s score of 27 is higher than 51% 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
0.257
20182025
The Hospitality industry has reduced its overall emissions by 32% since 2018
Emissions trajectory 2020 – 2027
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.
Park Hotels And Resorts's reported carbon emissions
Park Hotels And Resorts reported its Scope 1 emissions for 2024 as 54,771,000 kg CO2e and its Scope 2 (market-based) emissions as 119,825,000 kg CO2e, leading to a combined Scope 1 and 2 total of 174,596,000 kg CO2e. For 2023, its Scope 1 emissions were 59,383,000 kg CO2e and Scope 2 (market-based) emissions were 137,384,000 kg CO2e, with a combined Scope 1 and 2 total of 196,767,000 kg CO2e.
The company has implemented capital expenditure projects totalling nearly $21 million in 2023, aiming to improve efficiency and reduce carbon emissions. These projects are anticipated to achieve a combined 3% reduction in Scope 1 and Scope 2 emissions compared to a 2019 baseline.
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Park Hotels And Resorts’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Park Hotels And Resorts4 months ago
27
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