Marriott International, Inc. (Nasdaq: MAR) has verified its near and long-term science-based emissions reduction targets with the Science Based Targets initiative.
(SBTi). SBTi is a global climate action organization that develops tools that allow businesses to
set greenhouse gas (GHG) emissions reduction targets in line with data-driven methodology.
Marriott is the largest global hospitality company to receive approval for both near-term and
long-term science-based targets.https://travellinkslive.com/courtyard-marriott-review-of-their-brand-standards-by-travellinkslive/
The company has committed to reduce absolute scope 1 and 2 GHG emissions 46.2% by
2030 from a 2019 base year. Marriott also commits to reduce absolute scope 3 GHG emissions
from fuel and energy-related activities, waste generated in operations, employee commuting,
and franchises 27.5% by 2030 from a 2019 base year, and that 22% of its suppliers by
emissions covering purchased goods and services, capital goods, and upstream transportation
and distribution will have science-based targets by 2028.
Marriott commits to reach net-zero greenhouse gas emissions across the value chain by 2050,
reducing absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year and
reduce absolute scope 3 GHG emissions 90% by 2050 from a 2019 base year. The target
boundary includes land-related emissions and removals from bioenergy feedstocks.
“For nearly a century, Marriott has been committed to our core value of serving our world as we
strive to be a force for good wherever we do business,” said Anthony Capuano, President and
CEO, Marriott International. “The impact of climate change is being seen and felt across the
globe. As we continue to connect people through the power of travel, we are committed to
driving meaningful improvements to the environment and are energized by reaching this
significant milestone. The approval of our near-term and long-term targets is the result of the
hard work and dedication of Marriott’s teams around the world who are committed to our climate
action journey and creating the future of sustainable hospitality.”
“Marriott has been on a journey to reduce greenhouse gas emissions in our operations and
supply chain. We believe it’s good business and good for the planet,” said Erika Alexander,
Chief Global Operations Officer, Marriott International. “The decarbonization of the global
electrical grid is a vital component of reducing GHG emissions. We are united with other leading
companies in elevating efforts to help address the effects of climate change and hold ourselves
accountable as we embed sustainability throughout our operations.”
To reach its net-zero target, Marriott is focusing its efforts in three distinct areas: energy
reduction, sourcing more energy from renewables, and purchasing goods with lower carbon
footprints across its portfolio of over 8,800 properties in 139 countries and territories.
The company’s recent sustainability highlights include:
Launching the Climate Action Program (CAP), the company’s approach to charting a
growth-focused future through building climate fluency, addressing climate risk, and
reducing greenhouse gas emissions across the organization.
Delivering property-specific carbon and energy reduction targets to every managed and
franchised hotel globally.
Enhancing the Marriott Environment Sustainability Hub (MESH), a global platform for
properties to log monthly power, water and waste metrics. With these enhancements,
properties can now easily access customized, property-specific information for reducing
energy and carbon.
Introducing the Energy Optimization Program to help properties manage rising energy
costs. The program assists properties in conducting an energy audit to identify ways to
become more energy efficient.
Engaging with suppliers as they work to understand and reduce their emissions.
Sharing sustainability information, including individual hotel carbon footprint data, on
Marriott.com.
Marriott’s sustainability strategy is focused on a wide range of tactics including designing
resource-efficient hotels, implementing technologies to track and reduce energy and water
consumption, as well as waste and food waste, increasing the use of renewable energy,
managing water-related risks, focusing on third-party sustainability certifications at the hotel-
level, supporting innovative ecosystem restoration initiatives, implementing and responsible and
local sourcing. In support of the United Nations Sustainable Development Goals (SDGs),
Marriott created its sustainability and social impact platform, Serve 360: Doing Good in Every
Direction, which guides the company’s efforts to make a positive and sustainable impact on the
world’s most pressing social, environmental, and economic issues wherever it does business.
More details about Serve 360 can be found at Marriott.com/Serve360.