Climate Change Data

Stademos Hotels PLC

Climate Impact & Sustainability Data (2018)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:2,162,000 kg (Mediterranean) and 4,142,000 kg (Elysium) in 2018
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:2,593,032 kWh (Mediterranean) and 4,832,360 kWh (Elysium) in 2018
Water Consumption:59,767 m3 (Mediterranean) and 73,430 m3 (Elysium) in 2018
Waste Generated:Data provided for various waste types in 2018, but not in a single aggregated metric
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Reduced CO2 emissions by 18.5%
  • Reduced electricity consumption by 1.95% (Elysium) and 2.30% (Mediterranean) in 2017, and further reduced by 5% (Mediterranean) in 2018
  • Reduced heating consumption by 8.94% (Elysium) and 9.80% (Mediterranean) in 2017, and further reduced by 16.4% (Mediterranean) in 2018
  • Reduced water consumption (specific figures vary by hotel and year)
  • Replaced more than 10,000 bulbs with LED and CFL lamps
  • Implemented greywater recycling system
  • Waste reduction initiatives across various waste streams (specific percentages vary by hotel and waste type)

Social Achievements

  • Launched a new HR strategy focused on employee well-being and development
  • Maintained a high level of customer satisfaction (above 9 out of 10)
  • Zero serious accidents among clients, employees, and suppliers
  • Ongoing investment in employee training (260 hours at Mediterranean, 308 hours at Elysium in 2018)
  • Empowering women in management positions
  • Supporting local communities through donations and partnerships
  • Donated hotel furniture to local community shelters and churches

Governance Achievements

  • Established a CSR Committee
  • Implemented a Code of Conduct
  • Followed best practices in risk management across operational, financial, health & safety, security, and ethical compliance areas
  • Implemented supplier selection process based on ethical and sustainability criteria (99% of suppliers are local)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce carbon footprint by 4.8% and heat consumption by 8% by 2022
  • Reduce water consumption at Elysium by 12% by 2022
Short-term Goals:
  • Replace 100% of single-use plastic cutlery, straws, and plates by the end of 2020

Environmental Challenges

  • Water scarcity in Cyprus
  • Reducing energy consumption in hotels (a major energy consumer)
  • Reducing waste production
  • Maintaining high employee satisfaction and retention
Mitigation Strategies
  • Implemented water conservation measures (water limiters, recycled water for irrigation, biodegradable detergents)
  • Implemented energy efficiency measures (LED lighting, heat recovery from chillers, building management system, energy-efficient appliances)
  • Waste reduction initiatives (recycling programs, replacing plastic items with eco-friendly alternatives)
  • New HR strategy focused on employee well-being, development, and retention, including potential housing solutions

Supply Chain Management

Supplier Audits: 99% of suppliers are local; supplier selection process includes evaluation of ethical and sustainability criteria

Responsible Procurement
  • Selection of eco-friendly suppliers based on product quality, safety, and compliance with laws and regulations
  • Annual tendering process

Climate-Related Risks & Opportunities

Physical Risks
  • Water scarcity
Transition Risks
  • Not disclosed
Opportunities
  • Implementing renewable energy solutions

Reporting Standards

Frameworks Used: GRI (Global Reporting Initiative) - Core Option, European Directive 2014/95/EU

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • FIT Reisen Well-being Award
  • Hotels.com – Most wanted
  • Trip Advisor – Certificate of Excellence
  • Fleetway – Best Luxury Resort
  • Trip Advisor – Traveller’s Choice
  • FIT Premium Hotel Award
  • Booking.com Guest Review Award
  • Holidaycheck Award
  • British Airways Customer Excellence Award