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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><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> | Check for instance [https://www.citizenm.com/esg ESG policy of citizenM hotels]. <br> | ||
<hr> | <hr> | ||
Revision as of 10:52, 27 January 2022
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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.
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