Scandic Hotels

Scandic Hotels, headquartered in Sweden within the Hotel and restaurant services industry, reported total carbon 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 market-based Scope 2 emissions, and approximately 173,241,000 kg CO2e from Scope 3 emissions. In 2024, their total emissions were about 209,017,000 kg CO2e, comprising around 4,190,000 kg CO2e from Scope 1, 22,303,000 kg CO2e from market-based Scope 2, and about 182,524,000 kg CO2e from Scope 3. For 2023, total emissions stood at roughly 226,299,000 kg CO2e, with Scope 1 at about 5,383,000 kg CO2e, market-based Scope 2 at approximately 31,770,000 kg CO2e, and Scope 3 at about 189,146,000 kg CO2e.

Scandic Hotels has set Science Based Targets initiative (SBTi) validated targets. The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. Their near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 55% by 2033, against a 2023 base year. Additionally, Scandic Hotels commits to reducing absolute Scope 3 Forest, Land, and Agriculture (FLAG) GHG emissions by 39.4% by 2033 from a 2023 base year, and to reducing non-FLAG Scope 3 GHG emissions by 61.07% per SEK value added within the same timeframe. Long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050 from a 2023 base year, a 72% reduction in absolute Scope 3 FLAG GHG emissions by 2050 from a 2023 base year, and a 97% reduction in non-FLAG Scope 3 GHG emissions per SEK value added by 2050. Scandic also aims to halve its carbon dioxide emissions per square metre by 2030 compared to a 2019 baseline for Scope 1 and Scope 2.