Climate Change Data

Travel + Leisure Co.

Climate Impact & Sustainability Data (2015, 2023)

Reporting Period: 2015

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

  • Carbon emissions reduction
  • Water consumption reduction
  • Supply chain sustainability

Environmental Achievements

  • Reduced carbon emissions by 20% of owned, managed and leased assets (based on square foot intensity) in 2014, six years ahead of the 2020 target.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Ensure that 30% of qualified supply chain spend is with suppliers who meet Wyndham Green criteria by 2020
Short-term Goals:
  • Reduce carbon emissions and water consumption by 25% by 2025 (based on square foot intensity)

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Wyndham Green criteria

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: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced Scope 1 + Scope 2 GHG emissions intensity by 36% compared to 2010 baseline (as of December 31, 2022)
  • Reduced water withdrawal per square foot by 21% at owned, managed, and leased assets compared to 2010 baseline (as of December 31, 2022)
  • Achieved 2025 goal of planting two million trees through partnership with Arbor Day Foundation in 2023 (two years ahead of schedule)

Social Achievements

  • Maintained and grew business relationships with companies that have diverse ownership
  • 53% of global associates were women as of December 31, 2023
  • Established the Travel + Leisure Charitable Foundation

Governance Achievements

  • Four of nine Board members were gender and/or ethnically diverse

Climate Goals & Targets

Medium-term Goals:
  • Increase renewable electricity consumption (of managed resorts) to 20% by 2030 compared to 2010 baseline
Short-term Goals:
  • Reduce GHG emissions intensity (Scope 1 + Scope 2) by 40% by 2025 compared to 2010 baseline
  • Reduce water withdrawal per square foot by 35% at owned, managed, and leased assets by 2025 compared to 2010 baseline

Environmental Challenges

  • Climate change associated with extreme weather conditions and natural disasters impacting properties in high-risk areas (windstorm, wildfire, flood, water stress)
  • Modest softening of close rates in Vacation Ownership reflecting demand stabilization
  • Decrease in transactions in Travel and Membership due to increasing mix of exchange members with club affiliation and slower than expected ramp-up of travel clubs
Mitigation Strategies
  • Continuously monitoring climate change risks and taking actions to mitigate impacts
  • Changes to consumer credit quality marketing criteria to strengthen sales efficiencies and VOCR portfolio performance
  • Focusing on increasing the mix of new owner sales to expand future upgrade sales pipeline

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather, floods, coastal erosion, increased temperatures, forest fires
Transition Risks
  • Regulatory changes, market shifts

Awards & Recognition

  • Fortune World’s Most Admired Companies
  • U.S. News Best Companies to Work For
  • Newsweek World’s Most Trustworthy Companies and Most Trustworthy Companies in America
  • National Veteran-Owned Business Association’s Best Corporations for Veteran’s Business Enterprises
  • National LGBT Chamber of Commerce’s “Best-of-the-Best” Corporations
  • National Business Inclusion Consortium’s (“NBIC”) Top 50 Best-of-the-Best Corporations for Inclusion
  • Human Rights Campaign’s 2023-2024 Equality 100 award