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Marriott International Highlights ESG Progress in Annual Serve 360 Report
Marriott International | July 10, 2024
Marriott International, Inc. (Nasdaq: MAR) (“Marriott”) today released its 2024 Serve 360 Report highlighting the company’s global Environmental, Social, and Governance (“ESG”) efforts and progress toward its 2025 Sustainability and Social Impact Goals. The Report reflects data for the calendar year ended December 31, 2023. The Report can be accessed here. This year, the Report features an “Around The World Highlights” addendum, which showcases ESG initiatives spanning each of the company’s regions – Asia Pacific excluding China; Caribbean & Latin America; Europe, Middle East & Africa; Greater China; and United ...
Driving a Sustainable Future: a Journey to Tomorrow
IHG | May 23, 2024
IHG Hotels & Resorts calls for collaboration across the hospitality industry, as it reiterates commitment to doing business responsibly Responsible for one in 10 jobs and contributing more than $7.7 trillion to the world’s GDP, the travel and hospitality industry supports economies across the globe by helping local communities to thrive. And it’s growing, with more than one billion international travellers last year and even more forecast to follow. Of all hospitality’s long-term drivers, perhaps the greatest is people’s fundamental desire to travel – whether it’s for leisure, business, or both (“blended” travelle...
Hilton and the Hilton Global Foundation Announce Notable Year of Progress Towards 2030 Travel With Purpose Goals
Hilton | May 23, 2024
Hilton, a leading hospitality company, and the Hilton Global Foundation, Hilton’s philanthropic arm, announced today the latest progress towards their shared goal of creating a better world for travel with the release of the 2023 Hilton Global Foundation Impact Report and the 2023 Hilton Travel with Purpose Report. Hilton’s Travel with Purpose Report outlines the hospitality leader’s progress towards its Travel with Purpose environmental, social and governance (ESG) strategy to drive responsible travel globally. Travel with Purpose outlines Hilton’s 2030 energy, water and waste reduction targets as well as community engagem...
What Is the Triple Bottom Line and How Does It Work?
EHL Hospitality Insights | March 5, 2024
In a world where corporate greed and profiteering have been cited as two of the primary drivers behind the ongoing cost-of-living crisis that’s increasing financial hardship across Europe, the idea that businesses could exist for any reason other than profit seems hard to fathom. However, there’s a school of thought, called the triple bottom line (TBL), which suggests that businesses should be just as committed to improving the lives of people and the planet as they are to boosting their profits. In this article, we’ll explore: What is the triple bottom line? What are the three Ps? How do they apply to the hotel and ...
Hotels Advance Sustainability Goals at Second Annual Responsible Stay Summit
AHLA | March 1, 2024
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How Consumer Insight Is a Driving Force in Navigating CSR
EHL Insights | February 2, 2024
It used to be the case that organizations were only responsible to their owners and shareholders. The primary goal was to make a profit, and as long as the business met that objective, it was deemed a success. Now all that has changed: Consumer insight is now a crucial driving force in corporate decision-making. Today, consumers increasingly seek to support organizations that align with their own moral and ethical views. That is particularly true of younger consumers, with Millennials and Gen Z leading the charge. According to one study, 91% of Millennials would switch brands to one associated with a cause they believed in, while 94% of G...
Nimbus® Debuts Reusable, Plant-Based Makeup Removing Towel That Reduces Laundry Costs and Contributes to ESG Efforts in the Hospitality Sector
Nimbus Eco Inc | August 22, 2022
SAN DIEGO, CA – Hotels and resorts struggling with loss of towels have a new option for their guest’s makeup removal and hygiene needs. Continuing in its spirit of innovation, Nimbus has debuted a new plant-based towel that can be used on the face, body, and even surfaces to clean away dirt and germs while also carrying a number of eco-friendly credentials including being FSC Certified, compostable, reusable, plastic-free, and flushable. These towels come in a compressed form when shipped and expand when water is added so companies looking to reduce their carbon footprint and improve their ESG ratings stand to benefit by replacing the...
