Scandic Hotels

Scandic Hotels, operating in the hotel and restaurant services sector in Sweden, has established significant climate commitments. For the reporting year 2025, the company reported total greenhouse gas emissions of approximately 195,899,000 kg CO2e. This figure is broken down into approximately 3,532,000 kg CO2e for Scope 1 emissions, approximately 19,126,000 kg CO2e for Scope 2 market-based emissions, and approximately 173,241,000 kg CO2e for Scope 3 emissions.

Looking at previous years, total emissions for 2024 were approximately 209,017,000 kg CO2e, and for 2023, they were approximately 226,299,000 kg CO2e.

Scandic Hotels has set ambitious targets to reduce its environmental impact. The company's long-term ambition is to be fossil-free. Specifically, Scandic aims to halve its carbon dioxide emissions per square metre by 2030, using 2019 as a base year. More recent science-based targets, validated by SBTi, include a commitment to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 55% by 2033, compared to a 2023 base year. Furthermore, Scandic commits to reducing Scope 3 emissions related to land use and agriculture (FLAG emissions) by 39% in absolute terms by 2033. For non-FLAG Scope 3 emissions, the company aims for a 61% reduction per SEK of value added by 2033.

Looking further ahead, Scandic Hotels has a net-zero ambition for the entire value chain by 2050. To support this, they commit to reducing absolute Scope 1 and Scope 2 emissions by 90% by 2050 (from a 2023 base year) and absolute FLAG Scope 3 emissions by 72% by 2050. Non-FLAG Scope 3 emissions are targeted for a 97% reduction per SEK of value added by 2050. These targets are derived from the ultimate parent entity, Scandic Hotels Group AB (publ), and are aligned with a 1.5°C pathway.