Rezidor Responsible Business Report 2011

Page 24

Pillar 3

The Rezidor Hotel Group

audit of each hotel’s practices and actions to protect the environment. Our target is to have 100% of our hotels eco-labelled by 2015. At the end of 2011, a total of 179 Rezidor hotels (or 55%) across EMEA have received eco-labels. A complete list of our eco-labelled hotels can be found at the end of this report (see page 25). All Rezidor hotels are 100% certified in the Baltic countries; Finland; France; the Middle East (Kuwait, Oman, Saudi Arabia, UAE and Turkey); and the Netherlands. All of our managed and leased hotels in the Nordic countries (Denmark, Sweden, and Norway) are Nordic Swan certified .

Responsibility Report 2011

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Working with Suppliers Rezidor works closely with our global suppliers to set strict environmental performance criteria and minimise the social and environmental impacts of the products and services we purchase.

All suppliers are required to sign the Supplier Code of Conduct and have the opportunity to further profile their Responsible Business performance in RezPIN, Rezidor’s central purchasing platform. Local suppliers are also required to sign the Supplier Code of Conduct and 57% of our hotels actively check on their responsible business performance. 61% of our hotels also return packaging to suppliers. Socially Responsible Investors Since 2010 Rezidor has been listed on the OMX GES Sustainability Nordic Index and the OMX GES Sustainability Sweden Index. The Nordic Sustainability Index highlights the 50 best-rated companies on the Nordic exchanges, while the Sweden Index comprises the 30 best-rated companies on the Stockholm exchange. The indexes identify the leading companies in terms of sustainability and Rezidor is proud to be recognised for monitoring

not just our bottom-line, but the triple bottom line of environmental, social and economic performance. Rezidor has also participated in the Sustainable Value Creation project which analysed the Responsible Business strategy and practices of the 100 largest companies listed on the NASDAQ OMX. Sustainable Value Creation is a collaborative project initiated in 2009 by 14 of Sweden’s largest institutional investors. The comparative report shows Rezidor scores better than average in addressing sustainability issues in a structured way.


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