- Sale and leaseback of Tamassa hotel resulting in a gain of Rs 195m on disposal of property, plant and equipment.
- Unfavorable exchange rates, notably the GBP following the Brexit vote.
- Closure for renovation of LUX* South Ari Atoll and LUX* Grand Gaube.
- Increased competition in the Maldives.
- Global economic uncertainty.
- Risks related to the Group’s international exposure (economic conditions, natural disasters, terrorism, political events).
- Risks related to the Group’s activities (competition, brand image, seasonality, service quality, cost of air travel).
- Operational risks (suppliers, information systems, fraud, increase in the number of sites).
- Environmental, hygiene and safety risks (health, safety, environmental regulations, resource availability).
- Legal risks (regulatory changes, litigation).
Lux Island Resorts Ltd and its subsidiaries
Greenhouse gas emissions & sustainability report data
In its 2017 reporting, Lux Island Resorts Ltd and its subsidiaries disclosed greenhouse gas emissions of 39.5K tCO2e. By scope: Scope 3: 1.1K tCO2e. 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
39.5K tCO2e
2017
Water Usage
1.69 m3/RN
2017
Waste
12.09 kg/RN
2017
Energy Use
14.6K KWH/RN
2017
📊 Emissions by Scope (2017)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.1K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced energy consumption by -22% against baseline and -4% against last year.
- Reduced water consumption by -56% against baseline and -22% against last year.
- Reduced wastewater by -8% against baseline and +18% against last year.
- Reduced waste by -18% against baseline and -11% against last year.
- LUX* Tread Lightly Scope 1 & 2 reductions by -53% against baseline and +6% against last year. Total emissions after offsetting = 15,551 tCO2e
- Offset 22,852 tCO2e through various projects including the Yunnan Mangli Hydropower Project, Bundled wind power project, Bambous solar farm, Biogas Energy project, Uganda Nile Basin Reforestation, and Humbo Ethiopia Assisted Natural Regeneration.
- Endemic plants propagation project in partnership with the Mauritian Wildlife Foundation.
- Reef Conservation project in partnership with the NGO Reef Conservation.
- Sustainable Fishing and Marine biodiversity project in partnership with Eco-Sud.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Increase substantially the number of hotels managed and key regions where LUX* will be present within the next 3 years.
🔭 Long-term
- Vision 2020 Strategic Plan
🌱 ESG Focus Areas
Financial SustainabilityHuman CapitalProducts and ServicesNatural CapitalExternal Relationships