IBEROSTAR SUSTAINABLE HOTELS GROUP WILL BE CARBON NEUTRAL BY 2030, 20 YEARS AHEAD OF GLOBAL INDUSTRY GOAL

  • The hotel group presents its decarbonisation strategy at COP27.

  • Iberostar’s decarbonisation roadmap has been endorsed by the Science Based Targets Initiative (SBTi) and will achieve carbon neutrality by 2030, 20 years ahead of the global target set by the hospitality industry.

  • Iberostar will reduce Scope 1 and 2 emissions by 85%, and Scope 3 emissions by 50%, reducing total annual emissions intensity by 594,000 metric tons of CO2 per year.

palm, Spain, November 8, 2022 /PRNewswire/ — Iberostar, international leader in responsible tourism, will reduce carbon emissions to zero by 2030, 20 years ahead of the global hospitality industry goal. The hotel group, based in Spain with properties opposite Europe and America, presents its road map to decarbonisation on the 27thu edition of the United Nations Conference on Climate Change (COP27) in Sharm El Sheikh, Egypt.

Iberostar is committed to reducing Scope 1 and 2 Absolute greenhouse gas (GhG) emissions by 85% for 2030 compared to the 2019 baseline. The group is committed to reducing absolute GHG emissions in Scope 3 by 50% for the same year. Iberostar will also offset remaining emissions by implementing nature-based solutions that protect and restore ecosystems in all its destinations.

Gloria Fluxà, Iberostar Group’s Vice President and Chief Sustainability Officer, Equities, “Iberostar continues to present a responsible tourism model that creates value for both people and the environment. Our clear and well-defined strategic plan supports the ambitious commitments in our own Agenda 2030. Moving forward with a long-term vision, building a profitable company with sustainability as a fundamental pillar and keeping in mind the positive impact of our work. We need to move from commitment to implementation. Real progress is needed bold, direct actions like the ones we do at Iberostar. The Iberostar roadmap is based on science, data and strong corporate leadership.”

Iberostar Group’s participation in COP27

For the third Iberostar Group COP participation, company representatives will participate in discussions and round tables. Fluxà will appear as a panelist at the World Tourism Organization (UNWTO) conference, Policy and corporate strategies for scaling up climate action in tourism – the Glasgow Declaration on November 10 in the Blue Zone at 11:30 am (Local time). Global Sustainability Director of the Iberostar Group Megan Morikawa will be panel for the Tourism and Sustainability Committeeon November 10in the 16:00 in the Green Belt. Morikawa will also participate in the roundtable for the Food Tank panel, Loss & Waste in Food Systems on November 16 in the Blue Zone at 9 before noon

The main drivers of the decarbonisation roadmap

1. Reduction of Scope 1 and 2 emissions by 85% for 2030.

  • 35% reduction in energy consumption with changes both inside and outside customer behaviors through training, good energy practices, procedures and protocols for performance and energy saving audits.

  • Strong investment in innovative and efficient technologywhich includes replacing electrical appliances, water boilers, lighting and kitchen equipment with more efficient and automated devices regulated, in some cases, by artificial intelligence.

  • Use of renewable energy sources to all destinations. This includes one electrification plan in the Group’s hotels, where fossil fuels can be eliminated or replaced by fuels with low emission factors.

  • The carbonization of Iberostar Scope 1 and 2 emissions by 66% will concern adding up to 220 MW of renewable energy to the Group’s destinations.

2. Reduction Scope 3 emissions by 50%. One of the most innovative contributions of this roadmap is the description of a complete team Scope 3 emissions, as well as a strategy to decarbonize the entire supply chain. Since field 3 emissions constitute 77% of Iberostar’s carbon footprint, the group includes 7 GhG categories (purchases of goods and services, capital goods, downstream leased assets, fuel and energy-related activities, employee transport, business travel and waste) covering all material elements of emissions of. With this, Iberostar will work to:

  • A leader in carbonization when it comes to purchase of goods and servicesprioritizing low-emission products and services in sourcing-related decisions, engaging its supply chain partners, focusing on operations involving key materials (food, water, etc.) and implementing circularity in its hotels.

  • Moving on to Net Zero Buildings in new construction and renovations, maximizing the efficiency of existing ones, prioritizing low-emission materials when investing in equipment and furniture, engaging suppliers in the decarbonization process, and setting and implementing standards to enhance decarbonization in hotels.

  • Applying 100% of Scope 1 and 2 decarbonisation efforts downstream of leased assets (The.

  • Promoting renewable energy growth, electrification and fossil fuel minimization, prioritizing and working with fuel suppliers, companies and operators to the modernization of the network and the reduction of transmission and distribution lossesas well as improving data transparency.

  • Encouraging low carbon emissions motility among employees through mobility plans in all hotels and head offices (access to zero-emission vehicles and inclusion of transport options in compensation packages) and going a step further in terms of public administration to accelerate zero-emission mobility in group destinations (facilities , incentives, etc.).

  • Initiate employee program for prioritization of use of low emission vehicles and partnering with companies that have already implemented decarbonization programs (airlines, car rentals, etc.).

  • Continuing to encourage her continuous waste reduction generated in hotels (special focus on reducing food waste), moving towards a circular model, and strengthening the creation of waste management facilities in the various destinations.

You can check Iberostar’s full decarbonization roadmap at this link.

Video link: https://www.youtube.com/watch?v=V7rzHc_kJCU&feature=youtu.be

About the Iberostar Group

The Iberostar Group is a 100% family-owned multinational Spanish company with over 65 years of experience in the tourism industry, as well as business roots dating back to 1877. Its main area of ​​activity is Iberostar Hotels & Resorts, whose portfolio includes over 100 four- and five-star hotels in 16 countries. The Group has emerged as a global leader in promoting a responsible tourism business model that revolves around caring for both people and the environment. It’s innovative Wave of Change The move reflects the company’s specific commitment to the environment and oceans, as well as its efforts to share it with society at large. With sustainability acting as a driving force for business, the Iberostar Group places the circular economy at the heart of its strategy and works for its Agenda 2030. This includes becoming zero waste by 2025, carbon neutral by 2030 and 100% responsible in the seafood supply chain by 2025, as well as improving the health of the ecosystems surrounding the hotels, among other goals. The Group consists of a global team consisting of more than 30,000 people and 95 nationalities. Thanks to this talent, the company is a leader in quality and is at the forefront of providing an exceptional guest experience through continuous product innovation and its commitment to digitization. Learn more about us at grupoiberostar.com/en/

CONTACT: iberostar@edelman.com

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SOURCE IBEROSTAR Hotels & Resorts

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