Regal Hotels International Holdings Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2016

In its 2023 reporting, Regal Hotels International Holdings Limited disclosed greenhouse gas emissions of 40.7K tCO2e/year. By scope: Scope 1: 6.1K tCO2e/year; Scope 2: 34.7K 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
40.7K tCO2e/year
2023
💧
Water Usage
783.9K m3/year
2023
♻️
Waste
6.1K tons/year
2023
⚙️
Energy Use
105.2K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).6.1K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.34.7K 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 periodHeadline emissions figure reported
202340.7K tCO2e/year
202236.4K tonnes CO2e
202134.6K tonnes CO2e
202033.2K tonnes CO2e
201954.3K tonnes CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Communicate the Green Procurement Policy to all suppliers by 2025.
  • Conduct sustainable supplier assessment to evaluate the Group's value chain by 2025.
  • All new employees receive anti-corruption training within 12 months of onboarding by 2025.
  • Achieve BEAM Plus Existing Building certifications for at least 30% of its hotel properties by 2025.

📅 Medium-term

  • Reduce scope 1 and 2 greenhouse gas emission intensity by at least 20% with 2023 as a baseline by 2030.
  • Enhance waste diversion rate by at least double with 2023 as a baseline by 2030.
  • Reduce water intensity by at least 10% with 2023 as a baseline by 2030.
  • Increase average training and development hours per full-time employee by double with 2023 as a baseline by 2030.

🔭 Long-term

  • Achieve “Platinum” and “Master” rating for all five Regal Hotels by 2033 and 2038 respectively.
  • Purchase Renewable Energy Certificates to reduce carbon emissions by 2035.
  • Implement Integrated Building Management System for all Regal Hotels by 2030.

🌱 ESG Focus Areas

PlanetPeoplePartnershipsProsperityPeace

⚠️ Challenges & Risks +

  • Aging heating, ventilation, and air conditioning systems at some hotel properties.
  • Potential physical risks (storms, flooding, sea level rise) influencing business operations.
  • Transition risks (policy and legal risks, particularly from Hong Kong’s Climate Action Plan 2050).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, TCFD recommendations
Assurance: Global Tourism Advisory Group (for EarthCheck)