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== What Are Environmental, Social, and Governance (ESG) Criteria? == | == What Are Environmental, Social, and Governance (ESG) Criteria? == | ||
Environmental, social, and governance criteria are a set of standards for a company’s operations towards: | Environmental, social, and governance criteria are a set of standards for a company’s operations towards: | ||
* Environmental criteria: what is a company's relation to of nature? | * Environmental criteria: what is a company's relation to of nature? | ||
* Social criteria: how does a hotel manages its relationships with employees, suppliers, customers and the communities where it operates. | * Social criteria: how does a hotel manages its relationships with employees, suppliers, customers and the communities where it operates. | ||
* Governance: dealing with a company’s leadership, controls, rights e.g. <br> | * Governance: dealing with a company’s leadership, controls, rights e.g. <br>[https://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp Source Investopedia] <br> | ||
[https://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp Source Investopedia] <br><br> | |||
In the strategy of the hotel so far, all of this didn't play an important role. But, times have changed. <br> | |||
Check for instance [https://www.citizenm.com/esg ESG policy of citizenM hotels]. <br><br> | |||
<hr> | <hr> | ||
''→ GO! [[#top|Top of this page]]'' | ''→ GO! [[#top|Top of this page]]'' | ||
<center><small>''Emerald Forest Hotel'' | <center><small>''Emerald Forest Hotel'' offer an <font color="green">'''emerald''' </font color="green">hotel experience! | ||
| Run your own hotel in this management simulation.</small></center> | | Run your own hotel in this management simulation.</small></center> |
Latest revision as of 08:51, 11 September 2023
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What Are Environmental, Social, and Governance (ESG) Criteria?
Environmental, social, and governance criteria are a set of standards for a company’s operations towards:
- Environmental criteria: what is a company's relation to of nature?
- Social criteria: how does a hotel manages its relationships with employees, suppliers, customers and the communities where it operates.
- Governance: dealing with a company’s leadership, controls, rights e.g.
Source Investopedia
In the strategy of the hotel so far, all of this didn't play an important role. But, times have changed.
Check for instance ESG policy of citizenM hotels.
→ GO! Top of this page