Valamar Riviera Sustainability Profile
Valamar Riviera d.d., a leading player in the hospitality and tourism industry, is headquartered in Poreč, Croatia (HR). Established in 1950, the company has grown to become a prominent provider of high-quality accommodation and leisure services across the Adriatic region, particularly in Croatia's most sought-after destinations. Valamar Riviera offers a diverse portfolio of products, including hotels, resorts, and campsites, distinguished by their commitment to sustainability and exceptional guest experiences. The company has achieved notable milestones, such as being recognised for its innovative approach to tourism and consistently ranking among the top hospitality brands in the region. With a strong market position, Valamar Riviera continues to set industry standards, making it a preferred choice for travellers seeking memorable experiences in Croatia's stunning coastal landscapes.
DitchCarbon Score
How does Valamar Riviera'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
Valamar Riviera's score of 59 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Valamar Riviera's reported carbon emissions
In 2024, Valamar Riviera reported total greenhouse gas emissions of approximately 134,000,000 kg CO2e, comprising 9,349,990 kg CO2e from Scope 1, 66,180 kg CO2e from Scope 2 (market-based), and about 116,115,220 kg CO2e from Scope 3 emissions. The previous year, 2023, saw similar figures with total emissions around 110,300,780 kg CO2e, including 9,196,860 kg CO2e from Scope 1 and 36,400 kg CO2e from Scope 2 (market-based). Valamar has set ambitious climate commitments, aiming for carbon neutrality by 2025 across both company operations and its entire owned and managed portfolio. This commitment includes significant reductions in Scope 1 and Scope 2 emissions, reflecting a proactive approach to mitigating climate impact. The company has not reported any Science-Based Targets Initiative (SBTi) targets, but it has made a near-term commitment to reduce emissions, indicating a focus on sustainability within the hospitality sector. Valamar's emissions data is self-reported and does not cascade from any parent organization, ensuring that their climate commitments are directly aligned with their operational practices.
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| 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,893,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 14,151,000 | 0,000,000 | - | - | - | 0,000,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | - | - | 000,000,000 | 000,000,000 |
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Valamar Riviera's Scope 3 Categories Breakdown
Valamar Riviera's Scope 3 emissions, which increased by 5% last year and increased by approximately 5% since 2023, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 70% of Scope 3 emissions.
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Valamar Riviera'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.
Valamar Riviera 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.
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Frequently Asked Questions
Common questions about Valamar Riviera's sustainability data and climate commitments