Magnificent Hotel Investments Ltd. 2024 SR
The report highlights Magnificent Hotel Investments Limited's sustainability performance for 2024, focusing on its six Hong Kong hotels and headquarters. The company achieved an 11.76% reduction in greenhouse gas emission intensity compared to the previous year. Key initiatives included energy-saving lighting replacements, water conservation measures, and the use of biodegradable packaging to reduce landfill waste. The Group also emphasized employee development, providing over 17,000 training hours, and maintained a strong commitment to health and safety with zero work-related fatalities. Furthermore, the company established environmental targets for 2025 and committed to aligning future goals with the Science-Based Targets initiative (SBTi).
Company: Magnificent Hotel Investments Ltd.
Sector: Hospitality & food services
Country: Hong Kong
Year: 2024
Type: SR
Pages: 27
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Magnificent Hotel Investments Ltd.
ESG Report
The report highlights Magnificent Hotel Investments Limited's sustainability performance for 2024, focusing on its six Hong Kong hotels and headquarters. The company achieved an 11.76% reduction in greenhouse gas emission intensity compared to the previous year. Key initiatives included energy-saving lighting replacements, water conservation measures, and the use of biodegradable packaging to reduce landfill waste. The Group also emphasized employee development, providing over 17,000 training hours, and maintained a strong commitment to health and safety with zero work-related fatalities. Furthermore, the company established environmental targets for 2025 and committed to aligning future goals with the Science-Based Targets initiative (SBTi).
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees