IHG Hotels & Resorts, the UN Advocate for Sustainable Hospitality
The travel and hospitality industry is experiencing continuous growth, with over one billion international travelers in 2023, a number expected to rise further. This sector is vital, generating 1 in 10 jobs globally and contributing more than $7.7 trillion to the world GDP, thereby bolstering macroeconomies and fostering local community prosperity.
People's inherent desire to travel, whether for leisure or business, is a primary driver of this industry's growth. Traveling enriches lives, connecting families and friends and creating cherished memories. The vast scale of the hospitality industry presents a significant opportunity to positively influence the world. However, it also poses the challenge of adapting existing infrastructure to be more sustainable while continuing to grow responsibly.
IHG Hotels & Resorts is dedicated to this cause, integrating care for people, communities, and the planet into its core operations. As a proud partner of VISION 2045, IHG is committed to being a positive force globally. With over 6,300 hotels worldwide, IHG impacts millions of lives daily, supporting local economies and promoting prosperity in line with high expectations for ESG (Environmental, Social, and Governance) standards.
At the heart of IHG's initiatives is the "Journey to Tomorrow" plan, a responsible business strategy aligned with the UN's 2030 Sustainable Development Goals. This plan includes significant commitments to fostering a diverse culture, enhancing the lives of 30 million people, and protecting the planet by reducing carbon emissions and waste and conserving water resources.
IHG takes pride in its progress, as detailed in its Annual Report, but acknowledges that achieving a significant positive impact requires collective effort. Therefore, IHG collaborates extensively with hotel owners, providing guidance and tools to measure sustainability outcomes. Additionally, IHG offers guests more sustainable options during their stays.
Collaborating with expert organizations is crucial to IHG's strategy. The company supports those affected by natural disasters, offers training, and fights against global food poverty. IHG also actively engages with industry bodies, such as the World Travel & Tourism Council and the World Sustainable Hospitality Alliance, to coordinate efforts for sustainable development.
As IHG and the hospitality industry continue to grow, so does the opportunity to drive large-scale change. By working together with businesses, trade bodies, and governments, IHG aims to make a sustainable difference for future generations.