The Sustainable Hospitality Alliance (the Alliance), the leading global network for responsible hospitality publishes a report, in collaboration with EY, outlining a new sustainability benchmarking framework and tool, to track and compare sustainability progress within the Hospitality sector.
Earlier this year, the Alliance published its Pathway to Net Positive Hospitality, to provide a roadmap for the industry to accelerate action towards a sustainable and contributory future and make this vision a reality. The Pathway sets out manageable and clear milestones, and provides guidance and tools to measure sustainability performance, supporting hospitality companies to build transparent measurement systems.
The Pathway and this new benchmarking framework tool have been developed as a response to the lack of consistency and harmonisation among sustainability frameworks across the sector, which is increasingly significant. With a growing awareness of the large ESG footprint of hospitality industry, a number of specialised sustainability frameworks have been developed, which help hotels assess their impact, measure sustainability performance and track their progress. However, the overwhelming multitude of general and specialised frameworks makes it challenging to navigate, as each one has its own unique set of criteria, metrics, and guidelines for measuring sustainability, creating difficulty for hotels in comparing their performance across different frameworks and understanding their momentum in comparison to the wider industry.
Glenn Mandziuk, CEO of the Sustainable Hospitality Alliance, said:
“Industry frameworks are created to support the sector’s sustainable progression, however the vast number of these, and the lack of consistency, actually presents more of a challenge than a solution. This results in inconsistency, difficulties in understanding progress and confusion in customers and investors.”
The Sustainable Hospitality Alliance’s new framework and tool simplifies the process – uniting all major hospitality industry and general frameworks within one sustainability tracking and benchmarking tool. This further advances the industry-led process designed to enable every hotel to work towards a net positive impact, no matter their starting point.
“The Alliance’s ambition is to reduce complexity and unite the multitude of existing and emerging sustainability frameworks. Both the Pathway itself and this new benchmarking tool will continue to align with existing, as well as, upcoming regulations and initiatives, so that the Pathway can continue to serve as a baseline for further developments and standardisation.”
By joining our collective journey to Net Positive Hospitality and using this new tool to further understand and benchmark their progress, hospitality companies can demonstrate the action they are taking to accelerate towards a more sustainable future – attracting new customers and investors, as well as differentiating themselves from the competition.
The Alliance looks forward to launching the new framework tool at New York Climate Week in September.