Climate change is a global issue that is affecting communities, lives, businesses and economies all over the world. The World Economic Forum has now ranked climate action failure as the top global risk, demonstrating the urgent need for governments, businesses and people to act.1
Global emissions of carbon dioxide have increased by almost 50 per cent since 1990.2 This is having a notable impact on our climate. Every decade since the 1960s has been warmer than the one before,3 and we are seeing extreme weather events damaging lives and livelihoods around the world, particularly the poorest and most vulnerable people.
Climate change is already affecting the hospitality sector. Extreme weather is increasing the cost of operations and reducing the number of tourists visiting certain destinations, while local and national environmental policies and penalties are being introduced in cities and countries around the world.
The hotel sector accounts for around 1% of global carbon emissions4 and this is set to increase. Hospitality, like other industries, has a responsibility to manage its impact on our planet.
Our research found that the hotel industry needs to reduce its carbon emissions by 66 per cent per room by 2030, and by 90 per cent per room by 2050 to ensure that the growth forecast for the industry does not lead to a corresponding increase in carbon emissions.5 The industry will need to go even further to help limit warming to 1.5oC and avoid the very worst impacts of climate change.6
Working collectively with the industry, we are driving action on climate change through: