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IHG Hotels Resorts emphasizes the importance of collaboration across the hospitality industry, reaffirming its commitment to responsible business practices. The travel and hospitality sector supports worldwide economies by boosting local communities through jobs that account for one in ten positions and contribute over $7.7 trillion to global GDPa figure that reflects an immense impact on a planetary scale.
The industry's foundational driver is ity’s inherent desire to travel, encompassing not only leisure pursuits but also business engagements bled travelers are increasingly present. This fundamental need fuels the growth of tourism worldwide, with one billion international travelers in the recent year and projections indicating further expansion.
As an industry that scales significantly, it presents both an opportunity for positive impact and a challenge to adapt its infrastructure towards sustnability. At IHG Hotels Resorts, we are centered on this responsibility, recognizing our role as stewards who not only operate responsibly but also set standards for ethics and practices within the business world. Our partnership with Vision 2045 underscores this commitment.
With over 6,300 hotels globally, IHG values the opportunity to contribute positively to millions of lives dly, supporting local economies, fostering prosperity, and acting as a force for good in communities worldwideall while acknowledging the heightened expectations from stakeholders such as hotel owners, guests, colleagues, and investors regarding the nexus between business success and environmental, social, and governance ESG agas.
Our actions are guided by Journey to Tomorrowa 2030 responsible business blueprint aligned with our purpose of True Hospitality for Good and the United Nations' Sustnable Development Goals. This framework encompasses commitments to foster a diverse culture where everyone thrives, improve lives through impactful initiatives affecting tens of millions of people, and facilitate environmental protection through reductions in carbon emissions, waste, and water usage.
We are proud of the progress we've madehighlighted in our annual Responsible Business Reportbut recognize that individual efforts alone are insufficient for large-scale change. A collective effort is essential to achieve long-term impact at scale, which is why we're collaborating with partners like hotel owners through guidance and tools designed to measure sustnability metrics.
When it comes to guests, we remn steadfast in our commitment by providing them with more sustnable choices when staying in our hotels. Collaboration with expert organizations remns vital, as we support those responding to natural disasters, deliver skills trning, and tackle food poverty across global landscapes.
However, for significant changes to occur, businesses, trade bodies, and governments must also collaborate effectively. We are actively involved in this eavor by coordinating efforts with the World Travel Tourism Council and supporting initiatives through the World Sustnable Hospitality Alliance.
As IHG and our industry continue to grow, so does our opportunity. By working together with intent, we will make a sustnable difference that exts across generations to come.
highlights IHG's commitment to responsible business practices in an industry crucial for global economies. Collaborations are essential as we embark on this journey towards sustnability and seek long-term change through collective efforts.
This article is reproduced from: https://www.ihgplc.com/en/news-and-media/news-releases/2024/driving-a-sustainable-future-a-journey-to-tomorrow
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