Governance
Managing our sustainability footprint
ESG report meetings are held on a quarterly basis. During these updates, members of the Sustainability Committee report on the overall progress of all material ESG activities. The Management Board relays information to the Supervisory Board and to its committees on a quarterly basis.
In order to meet these goals, we will continue to work with professional partners to monitor, measure and mitigate ESG risks and enhance ESG opportunities. As well as tactical initiatives designed to target specific goals, such as the elimination of single-use plastics and water conservation, we remain committed to exploring new initiatives and further developing existing programmes.
We also incorporate guidance of the World Economic Forum’s four Pillars of ESG when evaluating material impacts for our organisation.
The Sustainability Committee
A Sustainability Committee member is assigned to a relevant subcommittee based on expertise, to manage, track and report on the material ESG impacts determined through the materiality assessment.
Through the EarthCheck Certified programme, many properties have integrated comprehensive sustainability management systems into their operations and achieve world-leading improvements in efficiency and minimising impacts. Since 2021, we have worked with the UN Global Compact, and we are fully committed to the UN global corporate responsibility initiative and signatory principles, covering human rights, labour, the environment, anti-corruption initiatives and policies.
Kempinski for all
Aligned with our approach to mitigate the risk of corruption, Kempinski also seeks to protect the ethical operation and management of its hotels. Our priority is to focus on prevention, but also to facilitate remedies for ethical issues. Our Supervisory Board demonstrate their authentic intent to mitigate the risks of unethical behaviour and foster an authentic desire for us to be known as a company that seeks to advance diversity, inclusion and belonging at every level.