GlobalData offers a comprehensive analysis of Whitbread, 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 Whitbread‘s ESG performance. GlobalData’s company profile on Whitbread 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.
Whitbread, a hospitality company, has set ambitious targets, aiming to attain net-zero Scope 1 and 2 carbon emissions by 2040, coupled with a 64% reduction in emissions across the value chain (all scopes) by 2050. Furthermore, the company is committed to reducing Scope 3 emissions by 50% by 2035 and achieving a 64% reduction by 2050. Additionally, the company has set a objective in water management, particularly for sites located in regions experiencing high water stress. The target aims for a 20% reduction in water usage per sleeper by 2030. The company has achieved a notable 52.5% reduction in Scope 1 and 2 emissions intensity from the baseline year 2016/17, encompassing its operations in the UK and Germany. In 2022, the company's scope 1 emissions reported were 63,374 TCO2e, scope 2 emissions amounted 8,038 TCO2e, and scope 3 emissions were 468,025 TCO2e.
Whitbread has made investments and taken actions to reduce its greenhouse gas emissions. The company has spent significant amounts on green operations, including the purchase of renewable energy and the reduction of waste to landfill through recycling. These actions have resulted in the avoidance of a significant amount of CO2 emissions. Whitbread has also focused on sustainable procurement, including the procurement of sustainable timber and fish. The company has allocated its spend on FSC/PEFC certified timber products and MSC, ASC, or equivalent certified fish.
The company has also emphasized the importance of green buildings in its sustainability efforts. Whitbread has constructed and operated sites that meet high environmental standards, such as BREEAM Very Good, LEED Platinum, EPC B, or DGNB Silver. These green buildings contribute to the reduction of carbon emissions and align with Whitbread's commitment to sustainability.
Overall, Whitbread is actively working towards reducing its carbon emissions and achieving its net-zero targets. The company has made investments in renewable energy, waste reduction, sustainable procurement, and green buildings. These efforts have resulted in significant CO2 emissions avoidance. Whitbread's commitment to sustainability is evident in its actions and investments, demonstrating its dedication to mitigating climate change and promoting environmental responsibility.