EXECUTIVE INSIGHT
“THE HOSPITALITY INDUSTRY NEEDS TO CATCH UP ON SETTING SCIENCE-BASED NET ZERO TARGETS ”
In our business , over 98 % of the corporate carbon footprint lies in Scope 3 , primarily in the supply chain . Employing a data-driven approach helps identify major impact areas efficiently , focusing on our significant emission categories and major suppliers .
We invested time in collecting data on current emissions and environmental impacts , using it as a starting point to measure progress and establish quantifiable targets aligned with the overarching goal of achieving net zero emissions .
To ensure accuracy , we combined primary and secondary data to calculate the corporate carbon footprint for 2019 and 2022 .
The data-driven approach is the solution businesses need to ensure net zero because it provides a clear and objective measure of progress . It allows companies to track their environmental impact in real time , identify areas for improvement and hold themselves accountable for their sustainability commitments .
32 September 2024