WORLDWIDE: The World Travel & Tourism Council (WTTC) and Greenview have launched a Global ESG Policy Tracker.
The intention is that businesses in the sector can stay ahead of evolving ESG-related regulations and policies.
Developed in collaboration with Greenview which provides sustainability and ESG (Environmental, Social, and Governance) data solutions for the hospitality and travel and tourism industries, the WTTC-Greenview Global ESG Policy Tracker offers an online interactive dashboard, alongside comprehensive coverage of regional, national-level and state-level ESG policies.
Users can focus on regional and thematic policy summaries, quarterly updates to ensure the latest information is always at hand, and access to a dedicated advisory group to shape future developments of the Policy Tracker.
The tracker is designed to support Travel and Tourism businesses to navigate complex regulatory landscapes and integrate sustainability considerations into core business decisions.
The sector’s growth is outpacing that of the global economy, and while WTTC data shows that the sector’s environmental footprint is being decoupled from its economic growth, WTTC says that this must be accelerated to meet the UN Sustainable Development Goals, Paris Climate Agreement and Convention on Biological Diversity.
WTTC supports tourism growth which is “sustainable and inclusive, contributing positively to the communities, natural ecosystems, and cultural heritage upon which our sector depends.”
Read here how ESG can impact on hospitality investment decisions, according to the Energy and Environment Alliance.
We held a Sustainability Bites round table on the G of ESG and the hospitality sector. You can read more about that below.