Radisson Hospitality AB (publ)
Radisson Hospitality AB (publ), a prominent player in the global hospitality industry, is headquartered in Belgium. Founded in 1960, the company has established a strong presence across Europe, the Americas, and Asia, offering a diverse portfolio of hotel brands, including Radisson Blu, Radisson RED, and Park Inn by Radisson. Radisson Hospitality is renowned for its commitment to exceptional guest experiences, providing unique services that cater to both business and leisure travellers. The company has achieved significant milestones, including the expansion of its sustainable practices and the introduction of innovative loyalty programmes. With a focus on quality and customer satisfaction, Radisson Hospitality continues to strengthen its market position, making it a trusted choice for travellers worldwide.
DitchCarbon Score
How does Radisson Hospitality AB (publ)'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
Radisson Hospitality AB (publ)'s score of 54 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Radisson Hospitality AB (publ)'s reported carbon emissions
In 2022, Radisson Hospitality AB (publ) reported total greenhouse gas emissions of approximately 994,909,000 kg CO2e, comprising 155,352,000 kg CO2e from Scope 1, 457,411,000 kg CO2e from Scope 2, and 381,146,000 kg CO2e from Scope 3. This represents a significant increase in emissions compared to 2021, where total emissions were approximately 1,292,330,000 kg CO2e, with Scope 1 at 133,939,000 kg CO2e, Scope 2 at 424,836,000 kg CO2e, and Scope 3 at 734,455,000 kg CO2e. Radisson has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 from a 2019 base year. Additionally, the company targets a 27.5% reduction in absolute Scope 3 emissions from fuel and energy-related activities and franchises within the same timeframe. Long-term, Radisson is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050, with an overall reduction target of 90% for all scopes by the same year. These targets are part of Radisson's commitment to the Science Based Targets initiative (SBTi), which aligns with the 1.5°C climate goal. The emissions data and targets are cascaded from its parent company, Radisson Hospitality AB (publ), reflecting the company's integrated approach to sustainability within the hospitality sector.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 133,198,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 522,821,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 742,436,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Radisson Hospitality AB (publ) is participating in some of the initiatives that 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.
