Scandic Hotels Group AB 2021 IR
The report highlights Scandic's recovery in 2021, with net sales increasing by 35 percent to 10.1 billion SEK and organic sales growth reaching 36.3 percent. Despite a weak start to the year due to pandemic restrictions, demand recovered strongly from the summer, driven by domestic leisure travel and business meetings. Scandic launched several commercial initiatives, including a digital booking service for meetings and a coworking concept. On the sustainability front, the company adopted new targets, including a commitment to reduce carbon dioxide emissions by 50 percent per square meter by 2030, and maintained its top position in the Sustainable Brand Index in Sweden.
Company: Scandic Hotels Group AB
Sector: Hospitality & food services
Country: Sweden
Year: 2021
Type: IR
Pages: 132
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Scandic Hotels Group AB
Annual And Sustainability Report
The report highlights Scandic's recovery in 2021, with net sales increasing by 35 percent to 10.1 billion SEK and organic sales growth reaching 36.3 percent. Despite a weak start to the year due to pandemic restrictions, demand recovered strongly from the summer, driven by domestic leisure travel and business meetings. Scandic launched several commercial initiatives, including a digital booking service for meetings and a coworking concept. On the sustainability front, the company adopted new targets, including a commitment to reduce carbon dioxide emissions by 50 percent per square meter by 2030, and maintained its top position in the Sustainable Brand Index in Sweden.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Women in Management
Employees