Scandic Hotels Group AB 2024 IR

The report highlights Scandic's performance in 2024, during which the company achieved net sales of 22.0 billion SEK and an adjusted EBITDA margin of 11.4 percent. Key milestones included the successful implementation of Oracle Opera Cloud, the launch of the new Scandic Friends loyalty program, and a strategic partnership with SAS. In sustainability, Scandic increased the share of Nordic Swan Ecolabel certified hotels to 96 percent and reduced Scope 1 and 2 CO2e emissions per square meter by 30 percent compared to the 2019 base year. Additionally, the company committed to setting science-based carbon reduction targets in accordance with the Science Based Targets initiative.

Company: Scandic Hotels Group AB

Sector: Consumer Discretionary

Country: Sweden

Year: 2024

Type: IR

Pages: 132

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Scandic Hotels Group AB

Scandic Hotels Group AB 2024 Annual and Sustainability Report

Annual And Sustainability Report

The report highlights Scandic's performance in 2024, during which the company achieved net sales of 22.0 billion SEK and an adjusted EBITDA margin of 11.4 percent. Key milestones included the successful implementation of Oracle Opera Cloud, the launch of the new Scandic Friends loyalty program, and a strategic partnership with SAS. In sustainability, Scandic increased the share of Nordic Swan Ecolabel certified hotels to 96 percent and reduced Scope 1 and 2 CO2e emissions per square meter by 30 percent compared to the 2019 base year. Additionally, the company committed to setting science-based carbon reduction targets in accordance with the Science Based Targets initiative.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

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:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Employees