UN Tourism and the World Sustainable Hospitality Alliance will work collectively to implement a typical framework for Environmental, Social, and Governance (ESG) for the sector.
The ESG Framework for Tourism Companies, developed by UN Tourism in collaboration with the College of Oxford SDG Impression Lab, is aimed toward serving to enterprises throughout the sector measure and report their sustainability efforts and impacts extra persistently and reliably. With this new settlement, UN Tourism will work alongside the Alliance to check the Framework, refine its indicators and related instruments, and foster stakeholder engagement.
UN Tourism Govt Director Zoritsa Urosevic says: “The ESG Framework for Tourism Companies is ready to rework the tourism sector by establishing harmonised and important requirements for firms to evaluate and report their sustainability efforts. The collaboration between UN Tourism and the World Sustainable Hospitality Alliance highlights how dedication and strategic partnerships can drive alignment and vital progress in ESG.”
Glenn Mandziuk, Chief Govt Officer of the World Sustainable Hospitality Alliance, provides: “Collaborating with UN Tourism on the event of a harmonised ESG Framework represents a major milestone for the worldwide tourism trade. This partnership not solely underscores our dedication to sustainability but in addition highlights the collective energy of our trade to drive significant change. By establishing standardised metrics and fostering better alignment between the personal and public sectors, we’re paving the way in which for a extra sustainable and resilient future for tourism worldwide.”
Companions leverage fields of experience
The partnership comes as tourism companies face growing strain to reveal their ESG actions and impacts. The ESG Framework for Tourism Companies is rooted within the Statistical Framework for Measuring the Sustainability of Tourism (SF-MST), endorsed by the UN Statistical Fee with unanimous help from all 193 UN Member States, and strives to carry better and much-needed alignment between personal and public sector information.
Alongside this, the Alliance’s Web Constructive Hospitality Pathway and Framework is designed to harmonise metrics and key efficiency indicators (KPIs), develop requirements, and streamline reporting inside the hospitality trade.
