Iberostar Hotels & Resorts has announced achieving a 12% reduction in Scope 1 and 2 emissions globally against its baseline in 2019.
In its 2023 Year in Review report, the hospitality company detailed the recent advancements it made towards its sustainability objectives.
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In the report, the Mallorcan hotel chain has provided updates across five areas consisting of circular economy, nature-based solutions, climate action, blue foods, and destination stewardship.
The company noted that it is on track to achieve carbon neutrality by 2030, a goal set to be reached two decades before the industry’s global target.
In its scope 1 and 2 emissions, the company reported a 6% reduction in the AME region and a 32% decrease in EMEA.
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Energy consumption has also been lowered by 6.5% since 2019.
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By GlobalDataHotels in Montenegro, Morocco, and the Canary Islands are said to have seen some of the largest reductions, due to the implementation of best practices and key investments.
Electrification is also a component of Iberostar’s decarbonisation strategy, enhancing both operational decarbonisation and energy efficiency.
As of last year, all hotels in Montenegro and one in Spain are fully electric.
By 2024, the company plans to fully electrify one hotel in the AME region and another in EMEA, with partial electrification of eight additional hotels globally this year.
Waste reduction efforts in 2023 claimed to have led to a 56% decrease in waste sent to landfill compared to the 2021 baseline.
The hotel chain has also made strides in sourcing responsible seafood, with 83% of seafood consumed at Iberostar hotels coming from responsible sources, a 5% point increase from the previous year.
Iberostar stated that it is committed to nature-based solutions with its coral nursery expansion in the Dominican Republic, bringing the total to eight nurseries across the region.
The company has also planted more than 16,100 mangroves in the Dominican Republic since 2021 and continues to support dune restoration initiatives in Mexico.
Iberostar has also identified challenges it anticipates soon as it progresses towards its 2030 agenda objectives.
It plans to forge partnerships across the value chain to reduce Scope 3 emissions, aligning with suppliers on carbon measurement standards and fostering collaboration for significant progress, among other initiatives.
Last June, the company opened a sustainable family resort, Iberostar Selection Albufera, in Majorca, Spain.
