Scandic Hotels

Scandic Hotels, headquartered in Sweden, reported total emissions of approximately 195,899,000 kg CO2e in 2025. This includes about 3,532,000 kg CO2e from Scope 1 emissions, 19,126,000 kg CO2e from Scope 2 market-based emissions, and 173,241,000 kg CO2e from Scope 3 emissions. In 2024, their total emissions were about 209,017,000 kg CO2e, comprising approximately 4,190,000 kg CO2e (Scope 1), 22,303,000 kg CO2e (Scope 2 market-based), and 182,524,000 kg CO2e (Scope 3). For 2023, total emissions were around 226,299,000 kg CO2e, with Scope 1 at 5,383,000 kg CO2e, Scope 2 market-based at 31,770,000 kg CO2e, and Scope 3 at 189,146,000 kg CO2e.

Scandic Hotels has set ambitious climate commitments. They aim to achieve net-zero greenhouse gas emissions across their entire value chain by 2050, validated by the Science Based Targets initiative (SBTi). Their near-term targets, with a 2023 base year, include reducing absolute Scope 1 and 2 GHG emissions by 55% by 2033. They also commit to reducing absolute Scope 3 FLAG GHG emissions by 39.4% by 2033 and Scope 3 (non-FLAG) GHG emissions by 61.07% per SEK of value added by 2033. For long-term goals, Scandic Hotels targets a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, a 72% reduction in absolute Scope 3 FLAG GHG emissions by 2050, and a 97% reduction in Scope 3 (non-FLAG) GHG emissions per SEK of value added by 2050. These targets are consistent with a 1.5°C warming scenario.