Radisson Hospitality AB (publ), a prominent player in the global hospitality industry, is headquartered in Belgium. Founded in 1960, the company has established a strong presence across Europe, the Americas, and Asia, offering a diverse portfolio of hotel brands, including Radisson Blu, Radisson RED, and Park Inn by Radisson. Radisson Hospitality is renowned for its commitment to exceptional guest experiences, providing unique services that cater to both business and leisure travellers. The company has achieved significant milestones, including the expansion of its sustainable practices and the introduction of innovative loyalty programmes. With a focus on quality and customer satisfaction, Radisson Hospitality continues to strengthen its market position, making it a trusted choice for travellers worldwide.
How does Radisson Hospitality AB (publ)'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.
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.
Radisson Hospitality AB (publ)'s score of 50 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Radisson Hospitality AB (publ), headquartered in Belgium, has set ambitious climate commitments to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets through the Science Based Targets initiative (SBTi). Radisson Hotel Group aims to reduce its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by approximately 46.2% by 2030, using 2019 as the base year. Additionally, it has committed to a 27.5% reduction in absolute Scope 3 emissions, which include emissions from fuel and energy-related activities and franchises, within the same timeframe. Looking further ahead, Radisson has set a long-term goal to achieve net-zero GHG emissions across its entire value chain by 2050. This includes a target to reduce absolute GHG emissions across all scopes (1, 2, and 3) by 90% by 2050, again using 2019 as the baseline year. These commitments reflect Radisson's dedication to sustainability and align with industry standards for climate action, demonstrating a proactive approach to mitigating climate change impacts. The data and targets are cascaded from its parent company, Jinjiang International Holdings Co., Ltd., ensuring a cohesive strategy across its corporate family.
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.
Radisson Hospitality AB (publ) is participating in some 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.