Pandox
Pandox AB, headquartered in Sweden, is a leading player in the hotel property industry, specialising in the ownership, management, and development of hotel properties across Europe. Founded in 1995, Pandox has established a strong presence in major operational regions, including Scandinavia, Germany, and the UK, with a portfolio that encompasses over 150 hotels. The company’s core services include hotel management and property development, focusing on maximising the value of hotel assets through strategic partnerships and innovative operational practices. Pandox is recognised for its unique approach to asset management, which combines extensive market knowledge with a commitment to sustainability. With a robust market position, Pandox has achieved notable milestones, including significant expansions and successful collaborations with leading hotel brands, solidifying its reputation as a trusted partner in the hospitality sector.
DitchCarbon Score
How does Pandox's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pandox's score of 67 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pandox's reported carbon emissions
In 2024, Pandox reported total carbon emissions of approximately 97,760,000 kg CO2e, with Scope 1 emissions at about 6,659,000 kg CO2e, Scope 2 emissions (market-based) at approximately 4,231,000 kg CO2e, and Scope 3 emissions reaching about 87,870,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Additionally, Pandox targets a 25% reduction in absolute Scope 3 emissions from purchased goods and services and downstream leased assets within the same timeframe. In 2023, total emissions were reported at approximately 105,382,000 kg CO2e, with Scope 1 at about 5,435,000 kg CO2e, Scope 2 (market-based) at approximately 5,008,000 kg CO2e, and Scope 3 at around 94,939,000 kg CO2e. The trend indicates a focus on reducing emissions across all scopes, aligning with the EU's commitment to cut total emissions by 40% by 2030 compared to 1990 levels. Pandox's long-term vision includes achieving greenhouse gas emissions close to net zero by 2050, demonstrating a commitment to sustainable practices in the real estate sector. The company is actively working towards these targets, reflecting its dedication to addressing climate change and reducing its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,276,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,703,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 134,795,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Pandox is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
