Scandic Hotels Group AB 2016 AR2
The report highlights Scandic's strong financial and operational performance in 2016, with net sales increasing by 7.3 percent to SEK 13,082 million and adjusted EBITDA rising to SEK 1,513 million. The company expanded its portfolio by opening five new hotels, including its first signature hotel, Haymarket by Scandic, and Scandic Continental in Stockholm. In sustainability, Scandic reduced its carbon emissions intensity to 2.75 tonnes CO2 per million SEK and increased its waste recycling rate to 69 percent. Additionally, the company continued its commitment to diversity, employing people from 120 countries, and launched its "Inspiring Nordic" cultural platform across the organization.
Company: Scandic Hotels Group AB
Sector: Hospitality & food services
Country: Sweden
Year: 2016
Type: AR2
Pages: 134
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Scandic Hotels Group AB
Annual Report
The report highlights Scandic's strong financial and operational performance in 2016, with net sales increasing by 7.3 percent to SEK 13,082 million and adjusted EBITDA rising to SEK 1,513 million. The company expanded its portfolio by opening five new hotels, including its first signature hotel, Haymarket by Scandic, and Scandic Continental in Stockholm. In sustainability, Scandic reduced its carbon emissions intensity to 2.75 tonnes CO2 per million SEK and increased its waste recycling rate to 69 percent. Additionally, the company continued its commitment to diversity, employing people from 120 countries, and launched its "Inspiring Nordic" cultural platform across the organization.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Employees