UK: Luxury served apartment brand CitySuites has published its fourth ESG report, retaining its carbon neutral status.
For the past three years, CitySuites has been procuring renewable energy, investing in water conservation, and adopting waste reduction programs.
Through investing in verified carbon standard projects, CitySuites has also retained its carbon-neutral status, supported by a new partnership with carbon-offsetting investment company 5D Net Zero.
The company aims to lower its carbon intensity ratio by a further five per cent in 2024.
Over the past year, several DE&I initiatives have also been rolled out, including:
• Training eight mental health first-aid champions.
• Establishing an Employee Committee with representatives from every department to meet regularly and discuss issues.
• Achieving Disability Confident Employer accreditation.
• Raising almost £10,000 for charity.
Gavin Bailey, managing director of CitySuites, said: “Hospitality plays a crucial role in driving sustainable change. At CitySuites, we believe that luxury and sustainability can coexist.
“By adopting a sustainable business model, we are demonstrating that high-end experiences can be achieved without compromising the planet. By actively monitoring and adapting our ESG structures, we remain responsive to evolving industry standards and stakeholder expectations. Our commitment to principled leadership and transparency positions us to navigate challenges and seize opportunities, reaffirming our dedication to excellence and ethical conduct in the hospitality industry,” he said.
CitySuites’ ESG report is available to view here.