Expedia
Expedia Group connects travel partners big and small to travelers worldwide, providing access to data, tools, and technology that empower and maximize business potential across its travel brands including Expedia, Hotels.com, and Vrbo.
Positive signals
Sustainalytics rates Expedia Group's overall ESG risk as medium, indicating that the company is managing its most material ESG risks adequately relative to industry peers.
Expedia Group has committed to engaging its value chain so that 75% of its suppliers by emissions set science-based targets by 2028, aligning with broader industry efforts to decarbonize travel.
Expedia Group has set ambitious climate goals, including a commitment to achieve Net Zero greenhouse gas emissions by 2040, reduce Scope 1 and Scope 2 GHG emissions by 75% by 2030, and source 100% renewable electricity annually through 2030.
Expedia Group maintains a 'BBB' rating from Fitch Ratings for its senior unsecured notes, reflecting a stable governance and risk management framework that supports its financial and operational sustainability.
Concerns
Expedia Group's S&P Global ESG Score indicates that while the company addresses material ESG issues, there remain areas for improvement in transparency and disclosure compared to leading industry peers.
LOW
Source →Expedia Group has faced a 'Moderate' controversy rating from Sustainalytics within the last three years, indicating some ESG-related incidents or stakeholder concerns, though none have reached the highest severity levels.
MEDIUM
Source →Expedia Group's Scope 3 greenhouse gas emissions increased year-over-year in 2023, primarily due to improved data quality and higher expenditures on capital goods and purchased goods and services, highlighting ongoing challenges in managing indirect emissions.
MEDIUM
Source →
