WORLDWIDE: HRS’s Green Stay Initiative has gained two world recognised sustainable certifications for its transparency in emissions data and reporting.
The global corporate hotel booking platform says it is the only travel-focused technology company to hold certifications for both ISO 14067 and Greenhouse Gas Protocol (GHGP) Corporate Accounting and Reporting Standards.
The global accommodation booking technology platform was audited by GUTCert, an accredited auditing organisation in the EU.
ISO 14067 is the international standard, which requires companies to qualify their carbon footprint and determine GHG emissions produced.
The international financial reporting standards (IFRS) 2 requires GHG emissions reporting (scope 1,2 and 3) to be measured within the GHG Protocol Corporate Accounting and Reporting Standard.
Both standards apply globally, and will give confidence to multinational corporate travel programmes concerned about reporting transparency and disclosure.
HRS’s Green Stay Initiative offers carbon footprint data – on a per-property basis – adding business travel emissions data into corporate sustainability reporting.
Data generated by the Green Stay Initiative’s reporting function is compliant with standards issued by the Task Force on Climate-Related Financial Disclosures (TCFD), Carbon Disclosure Project (CDP), Global Reporting Initiative (GRI) and Corporate Sustainability Reporting Directive (CSRD) in the European Union.
Launched in 2021 the free programme has been adopted by the majority of the top 20 global hotel chains participating in the programme, as well as more than 600 chains across more than 175 countries. Brands like Siemens mandate use of the Green Stay Initiative for hotels seeking preferred supplier status in procurement exercises.
Earlier this year HRS launched the Green Stay Knowledge hub to offer those in the hotel sector a range of courses, webinars and downloadable guides focused on sustainable operations and best practice. You can read more about that here.
And in November last year HRS launched technology for hotels to manage emissions data from business travel and for corporates to invest in removing those emissions. The Emissions Compensation Programme (ECP) offers an automated process for hotels who are already members of HRS’ Green Stay initiative, to compensate for scope 3 emissions related to business travellers’ stays. See more below.
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