Scandic Hotels Group AB 2023 IR

The report highlights Scandic's record-high net sales of 21.9 billion SEK and strong financial recovery in 2023, driven by robust demand and positive price development. The company launched its new economy brand, Scandic Go, opening the first hotel in Stockholm, and began implementing a cloud-based enterprise system across all hotels. In sustainability, Scandic achieved a major milestone by recertifying 90% of its hotels under the new, stricter Nordic Swan Ecolabel criteria. Additionally, the company reduced its Scope 1 and 2 emissions per square meter by 9% compared to the 2019 baseline.

Company: Scandic Hotels Group AB

Sector: Consumer Discretionary

Country: Sweden

Year: 2023

Type: IR

Pages: 122

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Scandic Hotels Group AB

Scandic Hotels Group AB 2023 Annual and Sustainability Report

Annual And Sustainability Report

The report highlights Scandic's record-high net sales of 21.9 billion SEK and strong financial recovery in 2023, driven by robust demand and positive price development. The company launched its new economy brand, Scandic Go, opening the first hotel in Stockholm, and began implementing a cloud-based enterprise system across all hotels. In sustainability, Scandic achieved a major milestone by recertifying 90% of its hotels under the new, stricter Nordic Swan Ecolabel criteria. Additionally, the company reduced its Scope 1 and 2 emissions per square meter by 9% compared to the 2019 baseline.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Integrated Report

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

Renewable Energy

Total Waste

Women on Board

Women in Management

Employees