OUR APPROACH TO SUSTAINABILITY
In the year under review, the Covid-19 pandemic ravaged the tourism and hospitality industries across practically the entire world. Ambitious and transformative policies are now needed to engage the main structural challenges hampering the competitiveness of the tourism sector. At the same time, these plans should be aligned with the great global challenges of digitalisation and climate change. Companies should pursue sustainable growth that ensures the greatest social and economic profitability, public support and the lowest environmental impact.
The Group’s ‘sustainabili-tree’ mirrors its logo, with sustainability integrated into our operations and branching off in several directions at once, including:
SUSTAINABILITY REPORTING FRAMEWORKS
The Value Reporting Foundation (VRF) offers a comprehensive suite of resources designed to help businesses and investors develop a
shared understanding of enterprise value and how it is created, preserved or eroded over time. We monitor and report our
performance against the six capitals outlined by the VRF’s International
The outputs from leveraging our capital inputs create value for stakeholders and result in certain outcomes, which may be positive or negative, depending on the context. These are discussed in this report’s narrative on ‘the six capitals‘.
The United Nations Sustainable Development Goals (UN SDGs) set a long-term agenda to end poverty, protect the planet and ensure prosperity for all by 2030. CLHG’s sustainability strategy inherently aligns with the attainment of the following UN SDG goals:
The group continues to monitor itself, mainly against principles 7, 8 and 9 of the UN Global Compact with regard to its environmental sustainability and responsibility.