Listen to 300+ interviews on philanthropy, sustainability and social entrepreneurship. Guests include Paul Polman, David Lynch, Siya Kolisi, Cherie Blair, Chiwetel Ejiofor, Bob Moritz, David Miliband and Julia Gillard. Hosted by Alberto Lidji, Visiting Professor at Strathclyde Business School and ex-Global CEO of the Novak Djokovic Foundation. Visit Lidji.org for more information.
Episodes
Monday Nov 01, 2021
Monday Nov 01, 2021
With a presence in more than 100 countries, IHG has 6,000+ hotels, employs 350,000 staff and caters to many segments across 17 brands, from Holiday Inn to Crowne Plaza, InterContinental and Six Senses. They recognise the tremendous opportunity to drive positive change.
We learn what Keith and his team are doing to reduce their carbon footprint, improve operations and reduce waste. They’re embracing artificial intelligence (AI) and new technologies to fluctuate energy utilisation more effectively and are challenging every aspect of their supply chains to innovate for more sustainable solutions.
Annually, IHG disposes of around 2% of their hotel properties, which is a significant number when one considers they have more than 6,000 hotels. Many of these properties are removed because they are older, no longer commercially viable and are often high energy inefficient.
Reducing the carbon footprint of their existing hotel portfolio is key. This is complemented by a focus on designing the hotels of tomorrow for low or zero carbon and, also, by leaning into renewable energy.
No matter how efficient the operations become, it is imperative that they can tap into renewable energy. This is where government needs to play an active role to decarbonise energy grids.
Governments are quite good at setting grand targets for future carbon emissions but they are not necessarily as good when it comes to presenting the transition roadmap to reach their net zero destination.
This is where private business is taking the lead; individual industries are much more aware of what needs to be done to decarbonise in their space. Consequently, there is much governments can learn from industry leaders as nations transition away from fossil fuels.
The hotel experience will likely change more now and in the next 10 years than it has in the past 50 years. The race to decarbonise one million hotel rooms is on, so watch this space!
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