Sustainability Reporting, Measurement, and Metrics

Advancing Sustainability in the Hospitality Industry

Measurement

Measuring sustainability is a process of collecting and analyzing sustainability-related data. Comparisons require benchmarks and time considerations.

 

When measuring sustainability, two key equations should be considered:

Sustainability = People + Planet + Profit

 

Industry Issues

·        What specific items of hotel operations should be measured?

·        How are life cycle impacts of hospitality operations addressed?

·        What is the benefit of one sustainability initiative when compared to another?

·        How can companies with a large portfolio of hotels manage all the data required to measure carbon footprints, water usage, and waste generation?

·        How can hotels meet the requests of meeting planners for measuring the environmental impact of specific meetings?

Solutions

·        Pursue industry consensus on measurement items

·        Consider measurement capabilities and necessities when drafting procurement standards

·        Design measurement programs at property and portfolio levels

·        Implement measurement tools, software, and programs that facilitate data collection and leverage the information provided

·        Set a scope for measuring the impacts of initiatives through their life cycle