IHG Announces Marked Increase in 2013 CDP Results
LONDON, UK, 14th November, 2013: InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, today announced its Carbon Disclosure Project (CDP) results, charting substantial improvements in both its Disclosure Score and Performance Rating – and confirming its leadership position in the hotel industry.
The CDP results, which were released in October 2013, saw IHG achieve an overall score of 85B1 in the Climate Change submission for 2013 – a significant rise from its 2010 score of 54C.
IHG’s substantial improvements this year have been driven primarily by the success of IHG’s Green Engage® programme, an easy-to-use online system that tracks the use of energy, carbon, water and the management of waste in our properties along with the associated costs. It comprises over 200 Green Solutions, which the company’s hotels can implement to reduce their environmental impact. One such tool – a carbon calculator based on the Hotel Carbon Measurement Initiative (HCMI) methodology – allows IHG’s hotels to focus on measuring and reporting on carbon emissions in a consistent and transparent way.
Alongside IHG’s Corporate Responsibility (CR) Report2, the CDP is one of the primary channels IHG uses to report on its approach to reducing impact on climate change, as well as to manage the impact of climate change on its own business. The CDP is specifically targeted at the investment community and covers governance, strategy, activities and performance.
Paul Snyder, Vice President of Corporate Responsibility – Environmental Sustainability & Public Affairs at IHG commented: “Being a Responsible Business is in our DNA. It is at the heart of everything we do and IHG Green Engage has been central to the huge improvements we have seen in our CDP scores this year. As always, there’s more to be done, but we are very proud of what we’ve achieved so far and our CDP scores are testament to our continued improvement.”
In September 2013, IHG announced a series of new Corporate Responsibility (CR) targets for 2013-2017. The targets continue to focus on driving impact through IHG’s three core CR Programmes, which alongside IHG Green Engage, include IHG® Shelter in a Storm Programme and IHG® Academy. The targets will also see IHG track and report supply chain diversity and integrate CR criteria into the selection and evaluation process for all preferred suppliers. They are a clear signal of IHG’s commitment to doing business responsibly and to creating shared value for IHG, its owners, the environment and the local community.
SOURCE: InterContinental Hotels Group (IHG)