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Businesses in the hospitality sector have an opportunity to lead the environmental, social and governance (ESG) agenda and deliver prominently on social values, enabling positive change for their people, customers, and the wider community. This is according to a report produced by international law firm Womble Bond Dickinson (UK) LLP for the Energy and Environment Alliance (EEA), a not-for-profit coalition of hospitality sector leaders.

Yesterday, the International Sustainability Standards Board (ISSB) issued its inaugural standards, IFRS S1 and IFRS S2, ushering in a new era of sustainability-related disclosures in capital markets worldwide. They create a common language for disclosing the effect of climate-related risks and opportunities on a company’s prospects; and will help to improve trust and confidence in company disclosures about sustainability to inform investment decisions.

The PKF hospitality group, an international leader in hospitality and tourism consulting, is pleased to announce that it has joined the Energy & Environment Alliance (EEA). The EEA is a not-for-profit, global coalition of hospitality leaders and experts dedicated to helping the industry transition to a carbon-zero economy by shaping and supporting the implementation of Environmental, Social and Governance (ESG) measures across businesses in the hospitality sector.

Addleshaw Goddard has today launched a paper proposing model drop-in clauses to help drive ESG outcomes through hotel sector contracts. Written in collaboration with the Energy & Environment Alliance (EEA), the paper provides a series of contract clauses, which can be used within the construction industry to encourage contractors and other key stakeholders to adopt sustainable working practices, including through incentivising green modifications to the design and development of a project.

International law firm Withers is partnering with the Energy & Environment Alliance (EEA) to promote the adoption of environmental, social and governance (ESG) data as part of asset due diligence within the hospitality sector.