the business of sustainability
TRANSCRIPT
The Business of sustainability:
Shangri-La practices
Sustainable Business practices
Business sustainability is often defined as managing the triple bottom line - a process by which firms manage their economic, social and environmental.
Economic efficiency (innovation, prosperity, productivity)
Social (Community, health and human rights) Environmental accountability (climate
change, land use, biodiversity).
Shangri-La Sustainable
Shangri-La Hotels and Resorts have unified all initiatives within five key areas of CSR
Envision a community of responsible and educated citizens who are environmentally conscious, practice social responsibility in their daily lives and inspire others to do the same.
Corporate citizenship and sustainable development, caring for thier employees and customers, seeking to enrich the quality of life for the communities in which they operate, and serve as good stewards of society and the environment
What are their acheivement?
Environment
37 hotels are ISO 14001 certified
Supply chain
86%
of hotels have
implemented
low-temp. laundry
andgreen
housekeeping
Stake Holder
77%
of hotels support
educationprogrammed through “Embrace”
is the approximate numberof children
helped through
“Embrace” projects in
2010
Employees
91%
of Shangri-La
colleaguesresponded
favorably to the
company’s CSR
activitiesLearning from one
another inShang Care
Health and Safety
4 hotels first
to be certified in
OHSA18001
• Kuala Lumpur(2006)•Singapore(2009)• Qingdao(2010)• Cebu (2010)
What they do?Eco-friendly F&BShangri-La has commenced purchasing certaineco-friendly products such as children’s dining ware made of rice husk
Greener bathroom amenitiesShangri-La hotels introduced a new line of bathroom amenities packaging made of biodegradable material
Care for People Project“Embrace” aims to build, strengthen and sustain local communities through various and specific education and health projects.
Shangri-La Care
1. Shangri-La Hospitality from a Caring Family2. Delighting Guests3. Take Ownership4. Recover to Gain Loyalty
Benefits in applying social and environment responsibility
Lead to increase buyer patronage.Reduce the risk of reputation-damaging
incidentsSocially responsible actions and sustainable
business practices can lower cost and enhance employee recruiting and workforce retention.
Opportunities for revenue enhancement may also come from CSR and environmental sustainability strategies.