The FINANCIAL — Hotel owners and GMs will be able to learn more about IHG’s (InterContinental Hotels Group) online environmental tool Green Engage, and how it can save money and energy, at the 2011 IHG Americas Investors & Leadership Conference in Las Vegas this week.
Between 2009 and 2010, electricity and gas prices went up by nearly 10%. During this same period, IHG hotels decreased energy use overall by almost 9%, demonstrating that the Green Engage tool is helping hotels to minimise their exposure to rising energy costs.
The number of hotels using Green Engage is on the rise as owners and GMs discover how the tool can significantly impact their bottom line by using less energy.
“More than 1,300 hotels globally are now using Green Engage and we’ve seen a 21% increase in signups over the last few months as word gets around about the potential savings achieved with the tool, and we expect that momentum to build as more and more hotels come online with Green Engage,” says David Jerome, Senior Vice President of Corporate Responsibility.
Green Engage has also enabled IHG to significantly improve its scoring in the Carbon Disclosure Project (CDP), the leading annual carbon disclosure report for global businesses and evaluation tool for investors that aims to drive decision making.
With a carbon disclosure score of 76, IHG has also achieved for the first time the joint highest rating for Performance (B) for a hotel company.
Green Engage is enabling IHG to improve its CDP scores by having an effective environmental system in place that helps hotels to measure and reduce impacts.
As numbers of hotels participating in Green Engage continues to increase, the more accurate data IHG will be able to disclose through CDP in future, resulting in a higher ranking.
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