International Hotel Investments PLC 2020 AR2
The report details International Hotel Investments p.l.c.'s financial and sustainability performance for the year 2020, which was severely impacted by the COVID-19 pandemic. To mitigate the crisis, the company implemented extensive cost-containment measures, including payroll reductions and temporary hotel closures, resulting in an EBITDA loss of ’3.8 million. Despite these challenges, the Group progressed with key development projects in Rome, Moscow, Brussels, and Doha. On the environmental front, the company reduced its Scope 1 emissions by 34.6% and Scope 2 emissions by 47.7%. Additionally, water consumption decreased by 50.95% due to scaled-down operations and the implementation of conservation initiatives.
Company: International Hotel Investments PLC
Sector: Consumer Discretionary
Country: Malta
Year: 2020
Type: AR2
Pages: 183
International Hotel Investments PLC
Report And Financial Statements
The report details International Hotel Investments p.l.c.'s financial and sustainability performance for the year 2020, which was severely impacted by the COVID-19 pandemic. To mitigate the crisis, the company implemented extensive cost-containment measures, including payroll reductions and temporary hotel closures, resulting in an EBITDA loss of ’3.8 million. Despite these challenges, the Group progressed with key development projects in Rome, Moscow, Brussels, and Doha. On the environmental front, the company reduced its Scope 1 emissions by 34.6% and Scope 2 emissions by 47.7%. Additionally, water consumption decreased by 50.95% due to scaled-down operations and the implementation of conservation initiatives.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Employees