Summit Hotel Properties, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Summit Hotel Properties, Inc. disclosed greenhouse gas emissions of 62.8K tCO2e/year. By scope: Scope 1: 17.9K tCO2e/year; Scope 2: 44.9K 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
62.8K tCO2e/year
2023
⚡
Renewable Energy
12% of total electric usage
of total energy
💧
Water Usage
478.2K kGal/year
2023
⚙️
Energy Use
227.7K 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).17.9K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.44.9K 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 periodHeadline emissions figure reported
202362.8K tCO2e/year
202268.2K tCO2e/year

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

  • Increase properties with energy management systems from 40% to 45% in 2024.
  • Install EVSE at an additional five hotels in 2024 (15% increase over 2023).
  • Increase properties with smart irrigation systems by 25% over 2023.
  • Increase green certified lodging properties by 15% over 2023.
  • Develop a standard operating procedure for recycling and upcycling waste during renovations.

📅 Medium-term

  • Meet 30% GHG reduction target by end of 2025.

🌱 ESG Focus Areas

Environmental StewardshipSocial ResponsibilityGovernance & Resilience

⚠️ Challenges & Risks +

  • Approximately 30% of properties are located in areas with high or extremely high baseline water stress.
  • Potential for climate-related disasters impacting properties (earthquakes, hurricanes, windstorms, floods, fires, extreme temperatures, and drought).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, TCFD