Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Established training programs in partnership with IST Studieninstitut and IST Hochschule für Management.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Pandemic impact on the hotel industry, particularly on business travel and inner-city locations.
• Competition from alternative accommodation options (serviced apartments, Airbnb).

Mitigation Strategies

• Focus on domestic tourism, which is expected to recover faster than international travel.
• Expertise in acquiring and restructuring underperforming hotels, creating opportunities during market consolidation.
• Centralized service unit for cost savings and process digitalization.

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: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Implementation of water-saving devices (e.g., efficient dishwashers), use of rainwater for irrigation
• Reduction of food waste and promotion of tap water in restaurants
• Use of returnable bottles and reduction of plastic packaging
• Use of local products in restaurants
• Installation of intelligent lighting systems and LED lamps
• Implementation of waste separation in guest rooms, restaurants, and back office areas
• Replacement of disposable bottles with larger dispensers made from recycled plastic in some hotels

Social Achievements

• Focus on employee well-being and appreciation (e.g., permanent contracts, employee participation in company success)
• Offering attractive training and further education opportunities
• Commitment to diversity and equal opportunities
• Local social engagement and support of various social projects

Governance Achievements

• Clear organizational structure with defined responsibilities
• Regular exchange with the supervisory board and investors
• Transparent ownership structure
• Implementation of uniform compliance guidelines across all MHP hotels
• Anti-corruption and anti-money laundering measures (KYC checks)

Climate Goals & Targets

Environmental Challenges

• Determining the group-wide CO2 footprint (target: 2024)
• Determining the group-wide water consumption (future target)
• Implementing initiatives to further reduce waste volume (future target)
• Further increasing the share of renewable energies

Mitigation Strategies

• Development of a concept for reducing greenhouse gases for the MHP Group (planned for 2024)
• Implementation of further water reduction measures (future target)
• Introduction of a uniform measurement of waste volume for the MHP hotel group and implementation of initiatives for further reduction (future target)
• Switching to green electricity where possible and planning the installation of photovoltaic systems

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Use of local products

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN SDGs

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 5
• SDG 11
• SDG 12

MHP's activities contribute to these SDGs.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental (E)
• Social (S)
• Governance (G)

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities