Regal Hotels International Holdings Limited Sustainability Profile
Regal Hotels International Holdings Limited, a prominent player in the hospitality industry, is headquartered in China (CN) and operates extensively across Asia. Founded in 1990, the company has established itself as a leader in hotel management and development, with a portfolio that includes luxury hotels and serviced apartments. Regal Hotels offers a unique blend of high-quality accommodation and exceptional service, catering to both business and leisure travellers. Its core services encompass hotel management, property development, and investment, ensuring a comprehensive approach to hospitality. Notable achievements include a strong market presence in key cities, positioning Regal Hotels as a trusted name in the industry. With a commitment to excellence, Regal Hotels continues to set benchmarks in the hospitality sector, making it a preferred choice for discerning guests.
DitchCarbon Score
How does Regal Hotels International Holdings Limited'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
Regal Hotels International Holdings Limited's score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Regal Hotels International Holdings Limited's reported carbon emissions
In 2023, Regal Hotels International Holdings Limited reported total carbon emissions of approximately 40,731,000 kg CO2e. This figure includes about 6,074,000 kg CO2e from Scope 1 emissions and about 34,657,000 kg CO2e from Scope 2 emissions. Compared to 2022, when total emissions were about 36,432,000 kg CO2e, this represents a significant increase in emissions. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Over the past few years, Regal Hotels has shown a trend of increasing emissions, with 2021 emissions at about 34,269,000 kg CO2e and 2020 emissions at approximately 33,240,000 kg CO2e. Regal Hotels has not set specific reduction targets or initiatives as part of their climate commitments, nor have they participated in initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for enhanced climate action strategies within the organisation. Overall, Regal Hotels International Holdings Limited's emissions data indicates a growing carbon footprint, highlighting the importance of establishing clear climate commitments and reduction strategies to align with industry standards and expectations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,780,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 44,999,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000 | 000,000 | - | - | - |
How Carbon Intensive is Regal Hotels International Holdings Limited's Industry?
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Regal Hotels International Holdings Limited'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.
Regal Hotels International Holdings Limited 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.
