Carbon footprint/climate change appears to be the most commonly used life-cycle sustainability indicator for tourism and hospitality.  Specific sustainability indicators that consider socio-economic and socio-cultural aspects have rarely been specified in the industry's transition towards circular economy.  Future life ...

Supply chains are often highly complex and span many countries and include multiple tiers that are made more opaque by outsourcing and offshoring.  Highly interdependent, the relationship between products and services and ESG risk factors are intertwined across sectors and throughout every level of the supply chain.  A ...

The hospitality industry needs to become more sustainable and hotels globally are focusing on the sustainability impacts of their supply chains.  This guidance addresses the environmental and social sustainability issues in hospitality supply chains and recommends steps for determining what sustainability information t ...

Inevitable Policy Response (IPR) anticipates a climate policy acceleration driven in part by investor, corporate and civil society pressure around net zero, climate impacts, and low-carbon technology cost developments.  The principles address the different emissions paths between the developed and developing nations in ...

Environmental protection and sustainability are important factors in the hotel business and their competitiveness.  Performance and environmental sustainability indicators help hotel managers identify opportunities for employing processes for saving resources to improve the environmental performance of their hotels.  T ...

Travel by car and plane are primary sources of greenhouse gas emissions in tourism.  3 out of 4 guests in Austria use the car and around 10% travel by plane.  It is expected that the number of guests arriving by plane will increase after the coronavirus pandemic.  Technological improvements and societal trends will not ...

Companies are not required to disclose the information that investors need to price climate risk.  Voluntary frameworks, like the Task Force on Climate-Related Financial Disclosures (TCFD), do not bring about the necessary change.  This has led to mispricing climate risk and capital misallocation, which harms investors ...

This resource supports local government planning authorities, owners, developers, architects and investors in the sustainable development of new or refurbishment of existing hotels.  It can be used during all phases of the development process to ensure that hotels are built with minimal impact on the local environment ...

Material flow accounting provides a statistical framework measuring natural resource extraction, trade in natural resources, waste disposal and emissions.  Domestic material consumption and material footprint are used as a proxy for overall environmental pressure within a national economy and the impact of a national e ...

The GRI Standards are global public reporting best practices on economic, environmental and social impacts.  Reporting based on the standards provides information about an organization’s positive or negative contributions towards sustainable development for integration into its strategy, to identify financial risks and ...

There's some discrepancy in how such rating agencies as Bloomberg, MSCI and Sustainalytics are measuring the ESG risk in the performance of supply chains.  To accurately measure a company’s ESG risks, also its end-to-end supply chain operations must be considered.  The EU's new Sustainable Finance Disclosure Regulation ...

The Cornell Hotel Sustainability Benchmarking Index (CHSB) is the hotel industry’s largest annual benchmarking of energy, water, and carbon emissions.  It is an industry-led global data collection and benchmarking initiative, with more than 18,000 hotels contributing information on their energy and water usage and gree ...

PRI lists 25 SDG reporting initiatives according to focus.  Some are a mechanism for disclosure and reporting on SDG investments or impact financing.  Others allow for measuring and reporting on the implementation of the SDGs by businesses and their alignment with corporate sustainability benchmarks.  United Nations Gl ...

This paper proposes a sustainable strategic management model (SSMM) for small- and medium-sized (SME) hotel companies, which have to contribute to the 2030 Agenda.  Adding the SDG perspective, it is a holistic proposal with a multi-stakeholder approach to enable them to focus on the well-being of people and the planet. ...

EU securities regulation has established a taxonomy of environmentally sustainable financial activities that potentially supports sustainable corporate governance.  This paper argues that including environmental sustainability in EU mandatory disclosure aligns the incentives of institutional investors with the interest ...