SM Hotels and Conventions Corp. Sustainability Profile
SM Hotels and Conventions Corp., a prominent player in the hospitality and events industry, is headquartered in the Philippines. Established in 2008, the company has rapidly expanded its footprint across key regions, offering a diverse range of accommodations and convention facilities. Specialising in hotel management and event hosting, SM Hotels is known for its unique blend of luxury and accessibility, catering to both leisure and business travellers. Its portfolio includes well-known brands such as Taal Vista Hotel and Pico Sands Hotel, which are celebrated for their exceptional service and prime locations. With a commitment to innovation and sustainability, SM Hotels has achieved significant milestones, positioning itself as a leader in the Philippine hospitality sector. The company continues to enhance its market presence through strategic expansions and a focus on customer satisfaction.
DitchCarbon Score
How does SM Hotels and Conventions Corp.'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 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
SM Hotels and Conventions Corp.'s score of 32 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SM Hotels and Conventions Corp., headquartered in the Philippines, currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of SM Prime Holdings, Inc., which cascades its emissions data and climate commitments down to SM Hotels. While there are no documented reduction targets or specific climate pledges from SM Hotels and Conventions Corp., it is important to note that the climate initiatives and targets may be influenced by its parent company, SM Prime Holdings, Inc. This relationship suggests that any significant climate commitments or emissions reduction strategies may be inherited from the broader corporate family, including initiatives reported to the Carbon Disclosure Project (CDP) by SM Investments Corporation. As a subsidiary, SM Hotels and Conventions Corp. may align with the sustainability goals set by its parent organisation, which could include industry-standard climate commitments and targets. However, without specific data or documented initiatives at the subsidiary level, the details remain vague. In summary, while SM Hotels and Conventions Corp. does not currently report its own emissions or reduction targets, it is part of a corporate structure that may influence its climate commitments through its parent company, SM Prime Holdings, Inc.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 509,708,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
How Carbon Intensive is SM Hotels and Conventions Corp.'s Industry?
How Carbon Intensive is SM Hotels and Conventions Corp.'s Location?
SM Hotels and Conventions Corp.'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.
SM Hotels and Conventions Corp. 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.
