Yoong, Kimberly, and Adrian Flück. "ESG in Hotel Real Estate: Understanding ESG & the Hotel Asset Lifecycle". EHL Insights. Accessed December 27, 2021. https://hospitalityinsights.ehl.edu/...
This article explores ESG – environmental, social and (corporate) governance – in the hotel sector by examining the ESG factors in hospitality and reviewing the role of ESG in a hotel’s life cycle. While environmental needs are the most pressing and environmental efforts are more measurable, social and governance factors must also be considered for ESG compliance. ESG is thought to require higher cost premiums, where investors expect to receive a premium upon the sale of ESG-compliant assets. ESG also plays a crucial role throughout the asset's life cycle, where developers, lenders, operators and investors are involved along a hotel’s value chain.
Posted on 27/12/21
Recent Abstracts
Does Private Equity Ownership Make Firms Cleaner? The Role Of Environmental Liability Risks
Private equity-backed firms increase pollution in locations and periods where environmental liability risk is relatively low while decreasing GHG emissions and pollution where regulatory risks increase. This study shows that private equity (PE) ownership leads to a 70% reduction in the baseline rate of toxic pollution ...
Posted on 03/12/21
A Net Zero Roadmap for Travel & Tourism
This report supports stakeholders on the transition towards net-zero emissions by providing knowledge for the climate commitments of the private sector. It considers the most common roadblocks and areas for support as well as decarbonization levers for the achievement of net-zero targets. The report offers a decarbon ...
Posted on 02/12/21
Public International Funding of Nature-Based Solutions for Adaptation: A Landscape Assessment
Nature-based solutions for adaptation (NbSA) encompasses different types of activities, investments and approaches that seek to protect and restore nature and ecosystems. NbSA investments are fundamentally important in helping many countries address climate change to bring about economic development and other benefits ...
Posted on 02/12/21
Albrecht Voss: 2021 Hasselblad Masters Winner – Architecture
Albrecht Voss is the winner of Hasselblad Masters 2021 photo competition in the architecture category. The competition consists of 12 categories. Each entry must consist of three (3) photos in each category and each entry is judged on the three submitted images in that category. 60,000 photos were submitted. The Ha ...
Posted on 01/12/21
Nature-Based Solutions for Urban Hotel Real Estate
A 40% drop in natural capital per person has been reported over the past two decades while being systematically depleted. However, nature and its ecosystem services are at the center of the hospitality business proposition at the destination, where nature is a source of solutions to mitigate and adapt to climate chang ...
Posted on 01/12/21
Developing of Sustainable Supply Chain Management Indicators in Construction
This paper provides tools that solve procurement problems in construction, where sustainability indicators were divided into social (governance), economic, and environmental groups. It identifies sustainability indicators for examining the supply chains of construction companies, allowing construction project managers ...
Posted on 30/11/21
Global Destination Sustainability Index (GDS-Index) Benchmarking Methodology
The GDS-Index is a destination level program that measures, benchmarks and improves the sustainability strategy and performance of tourism and events destinations. Its purpose is to inspire, engage and enable destinations to become more regenerative, flourishing and resilient places to visit, where to meet, and thrive ...
Posted on 30/11/21
Sustainability in Hospitality
The forum explores ideas, strategies and solution for an industry facing increased environmental and societal challenges. Industry opinion leaders and experts share their thoughts, reactions and insights on the important issues and events that are affecting the global hospitality business. Its goal is to anchor susta ...
Posted on 29/11/21
Pathway to Net Positive Hospitality Raises Global Ambition for the Hospitality Sector
This initiative aims to enable every hotel to improve their impact, wherever they are on the transition towards sustainability. The sustainability framework accessible to the global hospitality industry will encompass four clear stages and practical tools to guide the industry towards a regenerative impact. The hospi ...
Posted on 29/11/21
Prize for Cities
Incremental change is not putting communities on track for sustainability, equity and prosperity. Although successful sustainable change is happening, the solutions and successful efforts towards urban transformation are not identified and publicized. To right this, the WRI Ross Center Prize for Cities initiative spo ...
Posted on 28/11/21
Green Jobs in der Abfallwirtschaft
Professions in the environmental sector – "green jobs " – are now quite popular among Austrians. In a recent study, 43% of respondents showed interest in a green job, as high as 60% among 14- to 18-year-olds. Waste and resource management is viewed as a crisis-proof job (46%) and a job with a purpose and benefit for ...
Posted on 28/11/21
State of Supply Chain Sustainability 2021
This report reveals that company executives are the most significant source of pressure behind corporate commitments to supply chain sustainability (SCS). Given their central role in setting and steering strategies, this suggests that the drive toward supply chain sustainability is a long-term business trend. The rep ...
Posted on 26/11/21
Selective Lockdowns Can Be Ethically Justifiable – Here’s Why
The unvaccinated are at a much greater risk of getting infected and spreading the coronavirus disease. They suffer the most severe symptoms and are the corona patients who occupy over 90% of the ICU beds. Even though they restrict individual freedoms, lockdowns are justifiable where necessary and proportionate to ach ...
Posted on 26/11/21
Marginal Abatement Costs – Focus: Hotel Real Estate
Using marginal abatement cost (MAC) for investment decision-making brings hoteliers, investors, owners and operators multiple benefits, depending on the type and scope and responsibility of investment. The marginal abatement cost curve (MACC) provides a visual representation to easily identify the initiatives that hav ...
Posted on 26/11/21
Circular Economy in Travel and Tourism: A Conceptual Framework for a Sustainable, Resilient and Future Proof Industry Transition
This paper suggests that the circular economy (CE) offers a pathway towards a resilient and sustainable, tourism ecosystem. It also suggests that hospitality, travel and tourism has an important role to play in the circular economy transition. The stakeholders can act as enablers of circularity and benefit from share ...
Posted on 25/11/21