Radisson Hotel Group commits to net-zero by 2050

31
Mar
2022
News - Radisson Hotel Group commits to net-zero by 2050 #ESG #hotel #net-zero #Radisson Hotel Group #report #sustainability

by Property Forum | Hotel

Radisson Hotel Group is making a strong commitment to decarbonize its business by setting ambitious emission reduction targets to be net zero by 2050, in line with the SBTi Net-Zero Standard, as the Group releases its 2021 Responsible Business Report.


Radisson Hotel Group’s 2021 Responsible Business Report outlines its latest sustainability targets in line with its strategic five-year plan. These include its commitment to becoming net-zero by 2050, to accelerating the implementation of the cross-industry Pathway to Net Positive Hospitality and Hotel Sustainability Basics initiative, and to reaffirming the Group’s commitment to people, community and planet.

Planet: Radisson Hotel Group is committing to set science-based emission reduction targets, and by strengthening its performance with a net-zero carbon future in sight by 2050. This includes a long-term, science-based target to reach net-zero value chain GHG emissions by no later than 2050, in line with the SBTi Net-Zero Standard. Radisson Hotel Group will be part of the Business Ambition for 1.5°C campaign and will join the UNFCCC Race to Zero campaign as part of an important, globally coordinated effort to reach the goal of net-zero.

In 2021, the Group reduced its carbon footprint by 23% per square meter and reduced 13% of its water footprint per square meter (vs. 2019). In line with the Group’s renewable energy transition strategy, more than 56 properties run 100% on renewable electricity. In 2021, Radisson Hotel Group properties were equipped with more than 500 electric car charging stations in partnership with Allego, Sunfuel, and other global partners. Radisson Meetings continue to lead the industry by being 100% carbon neutral, and offsetting 37,800 tons of carbon since 2019.

People: One of Radisson Hotel Group’s key priorities in 2021 remained the continued focus on the health, safety and security of its team members, guests, and business partners. Following the launch and implementation of the Radisson Hotels Safety Protocol across the full portfolio, 100% of eligible hotels have completed the third-party validation by SGS to ensure the latest safety protocols were in place and implemented correctly. To date, 133 hotels remain certified by Safehotels.

The Group reaffirmed its ongoing focus on human rights, business ethics, and diversity in hotels worldwide by issuing its sixth slavery and human trafficking statement and by increasing the number of women in leadership roles to 29%. Radisson Hotel Group continued to expand its online Learning and Development initiatives in partnership with hospitality training provider, Typsy, which resulted in a 120% increase in training hours in 2021 versus 2020.

Community: Radisson Hotel Group is deeply committed to supporting the communities where it works and operates. Team members volunteered more than 26,500 hours and donated more than €510,000 to charitable causes, including SOS Children’s Villages, the Group’s global charity partner.

More than 28,500 people have been provided with access to safe drinking water and hygiene solutions via water aid partner, Just A Drop, in countries like India. Radisson Hotel Group has supported 12 environmental and social carbon offsetting projects in China, India, Peru, USA, Turkey, and Borneo through its industry-leading 100% Carbon Neutral Meetings initiative

“I am delighted to announce that Radisson Hotel Group is setting emission reduction targets in line with climate science, and we are committed to decarbonizing our business. While net-zero by 2050 seems far away, we need to take action immediately. Our world needs Responsible Businesses now more than ever, and we need to accelerate global climate action by 2030 in order to ensure a livable future for both our people and our planet. Much needed progress can be made by taking everyone in the hospitality value chain on the sustainability journey by setting increasingly ambitious sustainability goals. We are proud to be playing a leadership role in the development of the Hotel Sustainability Basics, which will launch later this year to establish a common industry framework to grow sustainable travel. Together with our new Build Planet guidelines to develop sustainable hotel asset portfolios, these are essential step-changes that need to be made on the route to Net Zero,” said Inge Huijbrechts, Global Senior Vice President Sustainability, Security and Corporate Communications, Radisson Hotel Group.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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