- Substantial increase in temperatures in various destinations compared to 2022, leading to higher energy consumption despite efforts to reduce carbon footprint.
- Price increases in raw materials.
- Geopolitical conflicts affecting destinations/products.
- Interest rate increases.
- Competitive environment and price wars.
- Management and talent acquisition challenges.
Grupo Piñero
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Grupo Piñero disclosed greenhouse gas emissions of 72.8K tCO2e/year. By scope: Scope 1: 69.9K tCO2e/year; Scope 2: 2.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
72.8K tCO2e/year
2023
Water Usage
7.9M m3/year
2023
Waste
5.3M tons/year
2023
Energy Use
250.0M kWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 69.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 72.8K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Investment of €3.530.000 in environmental initiatives.
- Reduced energy consumption per stay by 5.8%.
- Recovered more than 5.3 million kg of recyclable waste.
- Integrated a desalination plant in Adeje Complex, Tenerife, making the hotel practically self-sufficient in water generation.
- Implemented AI systems to optimize buffets and significantly reduce food waste.
- Planning and managing 100% of landscapes, beaches, and biodiversity where hotels, residences, and golf courses are located.
- Samaná Biodiverse Clean and Sustainable project.
- More than 191,500 sea turtle hatchlings born in Mexico and Dominican Republic thanks to Eco-Bahia Foundation.
- Cayo Levantado Resort equipped with waste digestion system, water production plant, native flora reforestation programs, emission control per stay, and paperless check-in.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by an additional 9.6%.
📅 Medium-term
- Reduce carbon emissions by 60% by 2030.
- Reduce waste by 70% by 2030.
- Achieve 100% renewable energy.
🔭 Long-term
- Achieve carbon neutrality by 2050.
- Achieve zero waste by 2050.
- Protect, conserve, and manage 100% of natural capital.
🌱 ESG Focus Areas
Energy and Climate ChangeCircularity (Waste Management)Natural CapitalHealthy EnterpriseInclusion and diversityWorkers in the value chainTraining and talent attractionStakeholder dialogueResponsibility towards our communityEthics in business managementInnovation