Miramar Hotel And Investment
Miramar Hotel and Investment Company, Limited, commonly referred to as Miramar Group, is a prominent player in the hospitality and property investment industry, headquartered in Hong Kong. Established in 1963, the company has evolved significantly, expanding its operations across major regions in Asia, particularly in Hong Kong and mainland China. Miramar Group is renowned for its diverse portfolio, which includes luxury hotels, serviced apartments, and commercial properties. Its flagship establishments, such as the Miramar Hotel in Tsim Sha Tsui, exemplify the company's commitment to exceptional service and unique guest experiences. With a strong market position, Miramar Group has garnered numerous accolades, solidifying its reputation as a leader in the hospitality sector.
DitchCarbon Score
How does Miramar Hotel And Investment's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Hospitality industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Miramar Hotel And Investment's score of 32 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Miramar Hotel And Investment's reported carbon emissions
In 2024, Miramar Hotel and Investment reported total carbon emissions of approximately 20,452,390 kg CO2e, comprising 4,681,536 kg CO2e from Scope 1 and 15,770,854 kg CO2e from Scope 2 emissions. This marks a significant increase in emissions compared to 2023, where total emissions were about 22,813,194 kg CO2e, with Scope 1 emissions at 7,181,069 kg CO2e and Scope 2 at 15,632,126 kg CO2e. Additionally, in 2023, the company reported Scope 3 emissions of approximately 129,006 kg CO2e related to business travel. In 2022, Miramar's emissions were approximately 17,216,177 kg CO2e, with Scope 1 emissions at 2,112,177 kg CO2e and Scope 2 emissions at 15,104,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have committed to any science-based targets (SBTi) for emissions reduction. Overall, while Miramar Hotel and Investment has made strides in tracking its emissions, the lack of reduction commitments or targets indicates a need for further action in addressing its carbon footprint.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,112,177 | 0,000,000 | 0,000,000 |
| Scope 2 | 15,104,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Miramar Hotel And Investment is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
