GlobalData offers a comprehensive analysis of Shangri-La Asia, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Shangri-La Asia‘s ESG performance. GlobalData’s company profile on Shangri-La Asia offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Shangri-La Asia has set a low carbon emissions target for its operations. Shangri-La Asia latest filings mentioned the keywords ‘CO2’ and ‘Carbon Emissions’ most number of times in relation to 'Climate change'.

The easing of COVID-19 pandemic restrictions and the resumption of more normal operating conditions in some regions contributed to a moderate 7.6% increase in total scope 1 and scope 2 carbon emissions from its properties in 2022. Carbon emissions intensity remained within its target level of 146 kg CO2e/m2 for 2022. The company reported its 2022 carbon emissions in Scope 1, 2, and 3 as 107 thousand tonnes CO2e, 642 thousand tonnes CO2e, 86 thousand tonnes CO2e, respectively, which totaled to 835 thousand tonnes CO2e. The company has a target to reduce its carbon emissions intensity 15% by 2025 vs 2019 baseline.

Shangri-La Asia has taken several steps to reduce its emissions, including investing in energy-efficient technologies, renewable energy, and waste reduction initiatives. The company has also implemented ISO 22000: FSMS and/or Hazard Analysis Critical Control Point certification in 90 of its properties. In addition, the company has engaged in various community projects, such as Embrace and Sanctuary, to support environmental conservation and education.

The company has reported a reduction in hazardous waste and an increase in waste diversion rates. However, the total food waste generated by the company increased in 2021, although it decreased in 2022.

In conclusion, Shangri-La Asia has set a low carbon emissions target for its operations. The company has taken several steps to reduce its emissions, including investing in energy-efficient technologies, renewable energy, and waste reduction initiatives and support environmental conservation.

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GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.