Sustainability is top of the agenda this year at Davos as governments and businesses around the world are grappling with ways to combat climate change.
Analysis by PwC of over 1000 published reports from listed, private and public sector organisations, highlights that with only ten years to deliver the Sustainable Development Goals (SDGs), there is a great deal of work to be done if business is to contribute meaningfully to national efforts.
Building on the data collected for the Cornell Hotel Sustainability Benchmarking (CHSB) Index, this study is the first to lay the groundwork for measuring the industrys collective impact by combining several data sets to estimate the total supply, energy usage, water usage, and carbon emissions of the hotel industry worldwide – based on room count.
Government and city level regulation and greater environmental awareness among occupiers are combining to make green retrofitting an increasing priority for investors.
The sixth annual Cornell Hotel Sustainability Benchmarking study finds that participating hotels generally have continued to reduce their energy and water use, although the energy intensity recorded by luxury hotels continues to be relatively high.
InterContinental Hotels Group (IHG) has announced a partnership with technology company Winnow to help its hotels automatically track, measure and reduce food waste for more sustainable and efficient restaurant and bar operations.
Running a more environmentally friendly hotel is becoming part of day-to-day operations for major American hospitality chains, which are exploring new ways to save on costs while giving their properties greater ethical appeal.
Across Spain, hotels are prominently flagging their green credentials as they increasingly take steps to reduce their environmental footprint and appeal to a new generation of eco-aware consumers.
Results Show the Caribbean Depends on Tourism, Which Relies Heavily on Healthy Coral Reefs
50% of companies studied by PwC have identified priority Goals, but only 28% have measures linked to them.