Climate Change Data

Vail Resorts, Inc.

Climate Impact & Sustainability Data (2020-08 to 2021-07, 2021-08 to 2022-07, 2022-08 to 2023-07)

Reporting Period: 2020-08 to 2021-07

Environmental Metrics

Total Carbon Emissions:107,428 tCO2e (market-based)
Scope 1 Emissions:78,130 tCO2e
Scope 2 Emissions:29,298 tCO2e (market-based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:85% (North America), 82% (Global)
Total Energy Consumption:1,828,651 MMBtu
Water Consumption:Not disclosed
Waste Generated:10,404 tons
Carbon Intensity:0.0563 MTCO2e/USD revenue (market-based)

ESG Focus Areas

  • Climate Change
  • Waste Management
  • Forest Conservation
  • Community Impact
  • Employee Well-being
  • Diversity & Inclusion

Environmental Achievements

  • Achieved 85% renewable electricity across North American resorts.
  • Reduced market-based greenhouse gas emissions by 50.5%.
  • Achieved 47.1% waste diversion and reduced overall waste by 483 tons.
  • Restored 3 acres of forest in Colorado.

Social Achievements

  • EpicPromise Employee Foundation provided $1.72 million in emergency relief grants and scholarships.
  • $19.4 million in cash and in-kind contributions to 150 local nonprofits.
  • Provided over 3,460 youth skiers and riders with lift tickets and lessons.
  • Launched My EpicPromise Challenge engaging 1600 employees in community involvement.

Governance Achievements

  • Established "Be Inclusive" as a core value.
  • Women represent over 50% of corporate roles and gender parity on the 10-person Board of Directors.
  • Announced Climate Collaborative Charter with other ski industry leaders.

Climate Goals & Targets

Long-term Goals:
  • Zero net emissions by 2030.
  • Zero waste to landfill by 2030.
  • Zero net operating impact on forests and habitat by 2030.
Medium-term Goals:
  • Achieve 15% energy efficiency savings by 2030.
Short-term Goals:
  • Achieve 90% renewable electricity enterprise-wide by 2023.

Environmental Challenges

  • Pandemic-related operational challenges impacting waste management and energy consumption.
  • Caldor Fire displacing employees at Heavenly and Kirkwood.
Mitigation Strategies
  • Implemented new safety measures for waste sorting.
  • Added diversion streams and behavioral campaigns to maximize waste diversion.
  • Developed programs to ensure efficient energy use in reduced-capacity facilities.
  • EpicPromise Employee Foundation provided $430,000 to 550 employees affected by the Caldor Fire.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Expanded collaborative sustainability roadmap with PepsiCo.

Climate-Related Risks & Opportunities

Physical Risks
  • Wildfires
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001 (Grand Teton Lodge Company)

Third-party Assurance: Not disclosed

Sustainable Products & Innovation

  • Sustainable skiing, equipment rentals, transportation, and lodging products.

Awards & Recognition

  • Forbes America’s Best Employers for Women (2019, 2020)

Reporting Period: 2021-08 to 2022-07

Environmental Metrics

Total Carbon Emissions:88,692 MTCO2e (market-based)
Scope 1 Emissions:76,537 MTCO2e
Scope 2 Emissions:12,155 MTCO2e (market-based)
Renewable Energy Share:96% (global)
Total Energy Consumption:1,829,583 MMBtu
Waste Generated:5,965 U.S. tons (landfill); 5,423 U.S. tons (recycling & compost)
Carbon Intensity:0.0351 MTCO2e/USD (market-based)

ESG Focus Areas

  • Climate Change
  • Waste Management
  • Forest Conservation
  • Community Impact
  • Employee Well-being
  • Youth Access
  • Diversity & Inclusion

Environmental Achievements

  • Reduced market-based greenhouse gas emissions by 17% over the prior year, achieving a 53% reduction from a 2017 baseline.
  • Achieved 100% renewable electricity across all North American mountain resorts and 96% worldwide.
  • Invested $3.6 million in energy efficiency projects.
  • Achieved a 29% reduction in waste sent to landfill from the baseline.

Social Achievements

  • Donated $22.9 million to over 250 local organizations.
  • EpicPromise Employee Foundation provided $1.3 million in emergency relief grants and scholarships.
  • Hosted more than 8,000 youth through the Epic for Everyone program.
  • Launched the Women & Allies Employee Resource Group (ERG).

Governance Achievements

  • Five of seven largest resorts led by women.
  • Board of Directors has gender parity.

Climate Goals & Targets

Long-term Goals:
  • Zero net emissions by 2030
  • Zero waste to landfill by 2030
  • Zero net operating impact on forests and habitat by 2030
Medium-term Goals:
  • Achieve 15% energy efficiency savings (from FY 2017) in electricity, natural gas, propane, and heating oil consumption by 2030.
Short-term Goals:
  • Reduce water consumption

Environmental Challenges

  • Supply chain disruptions
  • Unexpected environmental impact during construction of Keystone’s Bergman Bowl project
Mitigation Strategies
  • Developed and implemented a plan to fully restore the impacted area at Keystone's Bergman Bowl.
  • Collaborated with Helly Hansen on uniform reuse and repurposing initiatives.

Supply Chain Management

Responsible Procurement
  • Partnership with Helly Hansen for sustainable uniforms

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001 (Grand Teton Lodge Company)

Sustainable Products & Innovation

  • Energy-efficient snowmaking technology

Reporting Period: 2022-08 to 2023-07

Environmental Metrics

Total Carbon Emissions:96,030 tCO2e (market-based); 224,104 tCO2e (location-based)
Scope 1 Emissions:87,923 tCO2e
Scope 2 Emissions:8,108 tCO2e (market-based); 136,181 tCO2e (location-based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% for North American resorts; 96% enterprise-wide
Total Energy Consumption:361,787 MWh of renewable electricity procured
Water Consumption:Not disclosed
Waste Generated:6.1M pounds reduced from baseline
Carbon Intensity:0.0049 MTCO2e/skier visit (market-based)

ESG Focus Areas

  • Sustainability
  • Community Support
  • Employee Foundation
  • Inclusive Access

Environmental Achievements

  • Achieved 100% renewable electricity across North American operations for the second consecutive year.
  • Reached 15% energy efficiency goal ahead of 2030 target, driven by $10M in energy saving investments since 2018.
  • Reduced landfill waste by 6.1M pounds (36%) from baseline.

Social Achievements

  • Donated $28.1M to 417 nonprofit partners.
  • Awarded $718K in grants to create accessible childcare resources.
  • Awarded $221K in grants to fund community housing solutions.
  • Awarded $383K in grants to support food security.
  • Hosted 11,287 youth through multi-day programming at resorts.
  • Invested $6.5M in adaptive access.
  • Provided $1.1M in grants to employees, including 180 academic scholarships and 242 hardship relief grants.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve zero net operating footprint by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Climate change impacts on operations.
  • Waste reduction in unique mountainous regions.
  • Affordable workforce housing shortages.
  • Food insecurity in mountain communities.
Mitigation Strategies
  • Commitment to Zero initiative (zero net operating footprint by 2030).
  • Investments in renewable energy and energy efficiency.
  • Comprehensive waste reduction program and partnerships.
  • Grants and partnerships to expand affordable housing and childcare.
  • Partnerships with food banks and organizations to address food insecurity.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sustainable procurement plan to reduce waste and increase material durability and circularity.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products and operations.

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001 (Grand Teton Lodge Company)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Reusable fountain tumblers
  • Compostable cups

Awards & Recognition

  • Newsweek World’s Most Trustworthy Companies 2023
  • NSAA Golden Eagle Award for Climate Change Impact 2023