Hostelworld Group plc
Climate Impact & Sustainability Data (2019-2021, 2023)
Reporting Period: 2019-2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Sustainability
Environmental Achievements
- Hostels found to be approximately 75% less carbon-intensive than hotels (based on tCO2e/bed).
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce scope 1 and 2 emissions by 42% by 2030.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Set an absolute emissions reduction target to reduce scope 1 and 2 emissions by 42% by 2030.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Bureau Veritas
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:7 tCO2e/year
ESG Focus Areas
- Sustainability
Environmental Achievements
- Scope 1 and Scope 2 emissions totalled 7 tCO2e (substantially below the threshold of 30 tCO2e/annum target set for 2023).
- Launched ‘Staircase to Sustainability’ framework with the Global Sustainable Tourism Council.
- Awarded ‘Investors in Diversity’ Silver accreditation.
Social Achievements
- Introduced new policies to support Fertility Leave, Surrogacy Leave, and Menopause at Work.
- Awarded ‘Investors in Diversity’ Silver accreditation.
- Held two regional hostel conferences (Latin America and Europe), fostering engagement with hostel partners.
Governance Achievements
- Continued progress of ESG agenda.
Climate Goals & Targets
Environmental Challenges
- Increasing scope 3 emissions due to an increase in purchased consumables relating to paid marketing costs and business travel linked to the growth in the Group’s booking volume.
- Warehoused payroll taxes owing to the Irish Revenue Commissioners of €9.6m.
Mitigation Strategies
- Developed a sustainability measurement and management system unique to the hostelling category ('Staircase to Sustainability').
- Agreed a repayment schedule with the Irish Revenue Commissioners for warehoused taxes (15% downpayment in May 2024, followed by monthly repayments over three years).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GSTC
Certifications: Investors in Diversity Silver
Third-party Assurance: Bureau Veritas
Awards & Recognition
- Funding Climate Action label (South Pole)