BETHESDA, MD, April 23, 2024/PRNewswire/ -- Recently, Marriott International Group (NASDAQ: MAR) received approval from the Science Based Targets Initiative (SBTi) for short- and long-term emission reduction targets based on science. The Scientific Carbon Targets Initiative (SBTi) is a global climate action organization that helps companies determine scientific greenhouse gas (GHG) reduction targets based on data-driven methodologies. Marriott International Group is a major international hotel management company that has been approved for short- and long-term emission reduction targets based on science around the world.

Marriott International has committed to reducing absolute greenhouse gas emissions of Scope 1 (directly generated greenhouse gas emissions) and Scope 2 (indirect greenhouse gas emissions from energy purchases by companies) by 2030 by 46.2% compared to the 2019 base year. Marriott also promised to reduce absolute Scope 3 (indirect greenhouse gas emissions generated in the corporate value chain) greenhouse gas emissions from fuel and energy-related activities, waste from operations, and employee commuting and franchising by 2030 compared to the 2019 base year. Furthermore, the Group plans that by 2028, 22% of suppliers — emissions from areas such as procurement of goods and services, capital goods, and upstream transportation and distribution — will set science-based carbon reduction targets.

Marriott International is also committed to achieving net zero greenhouse gas emissions in its value chain by 2050, reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 90% compared to the base year 2019, and also reducing absolute Scope 3 greenhouse gas emissions by 90%. This target boundary includes land-related carbon emissions and the reduction of bioenergy feedstocks.

Marriott International GroupPresident andCEOsConoan (Anthony Capuano)He said, “Over the course of nearly a century of development, Marriott has always upheld the core values of serving the world, creating a positive impact across our global business. Currently, the effects of climate change are already being felt globally. Adhering to our vision of 'connecting each other through the power of travel', we are committed to driving substantial improvements to the environment and are excited to achieve this milestone. Short-term and long-term goals were approved, demonstrating the commitment and results achieved by our global team to physically act on climate. Thanks to everyone's hard work and dedication, we're working to create a sustainable future for the hospitality industry.”

Marriott InternationalconglomerateGlobal Chief Operating OfficerofficerErika Alexander“Marriott International is always working to reduce greenhouse gas emissions in our operations and supply chain, and we believe this will have a positive impact on our business and the planet we live in. Decarbonizing the global power industry is an important part of reducing greenhouse gas emissions. We will join forces with other leading companies to address the impact of climate change and implement the concept and responsibility of sustainability throughout our operations.”

Marriott International focuses on three key areas to achieve net-zero emissions goals: saving energy, increasing the use of renewable energy, and purchasing products with a lower carbon footprint in more than 8,800 hotels in 139 countries and regions around the world.

Highlights of the Group's recent sustainability initiatives include:

• Launch the Climate Action Plan (CAP), which will plan future growth by building climate knowledge, addressing climate risks, and reducing greenhouse gas emissions across the organization.
• Set carbon reduction and energy efficiency targets for all managed and franchised hotels around the world.
• Strengthen the Marriott Environmental and Sustainability Center Platform (MESH), a global platform that monitors and manages the monthly electricity, water consumption, and waste recorded by hotels. Through enhanced functionality, hotels can easily obtain customized and targeted carbon reduction and energy consumption data.
• Introducing energy optimization programs to help hotels manage rising energy costs. The program helps hotels conduct energy audits and discover ways to be more efficient.
• Work with suppliers to help them understand and reduce carbon emissions.
• Share sustainability information on Marriots.com, including carbon footprint data for individual hotels.

Marriott's sustainability strategy includes strategies such as designing resource-saving hotels, introducing technology to track and reduce energy and water consumption and waste and food waste, increasing renewable energy usage, managing water risks, promoting hotel participation in third-party sustainability certifications, supporting innovative ecosystem restoration initiatives, and implementing responsible and local procurement.

To support the UN's Sustainable Development Goals (SDGs), Marriott International created the “Serve 360: Doing Good in Every Direction” (Serve 360: Doing Good in Every Direction) platform to guide companies to have a positive and sustainable impact where they do business and work to address pressing global social, environmental, and economic issues. For more information on “Doing Good 360 Deeds,” visit Marriott.com/ serve360.

Notes on forward-looking statements:

This press release contains “forward-looking statements” within the meaning of the US Federal Securities Regulations, including ESG and/or sustainability goals and commitments, including science-based emission reduction goals; sustainability-related plans, initiatives, and strategies; and similar statements about anticipated future events and expectations that are not historical facts. These statements are usually accompanied by “continue,” “plans,” “expectations,” “goals,” “promises,” “will,” “prioritize,” “efforts,” or similar expressions. We hereby remind you that these statements are not a guarantee of the company's future performance and are subject to many evolving risks and uncertainties that we may not be able to accurately predict or assess, including other risk factors listed in our recent Form 10-K Annual Report and Form 10-Q Quarterly Report submitted to the U.S. Securities Commission. The goals and commitments described in this press release are predictions and are subject to change. The Company does not guarantee or promise that the stated goals and promises will be fulfilled. The statute of limitations for such forward-looking statements is limited to the time this press release is issued. The Company is under no obligation to publicly update or revise any forward-looking statements regardless of whether new information appears or whether other events or circumstances occur in the future.

Marriott International (NASDAQ: MAR) Group is headquartered in Bethesda, Maryland, USA. It has more than 8,800 hotels in 139 countries and regions, including direct-operated hotels, franchised hotels and authorized timeshare resorts, and has more than 30 hotel brands. Marriott International Group operates the award-winning travel program Marriott Bonvoy (Marriott Bonvoy). For more information, please visit the official website. If you want to keep up to date with the latest news from Marriott International, visit our online news center or follow @MarriottIntl on social media.