Our Sustainability Story
As a part of our operational excellence, we place a high value on protecting the environment and communities where we live and operate. Our Chief Operating Officer is the champion of environmental sustainability and engages with senior executives to integrate company efforts and initiatives.
Our Environmental Management Approach
Our Environmental Sustainability Policy Statement affirms our commitment to reduce the environmental impacts associated with our operations and value chain.
It outlines our priorities to:
- Manage our environmental footprint
- Track and measure our performance
- Engage and communicate with our stakeholders
Reduce Environmental Footprint
Mitigate climate change and air pollution risks by reducing our greenhouse gas emissions as we operate more efficiently at resorts and offices, via business travel and product distribution throughout our value chain.
Ensure the responsible use of energy via the addition of efficiency measures, behavioral changes and investments in renewable energy.
Reduce our water usage and prioritize locations with high water risk so that we can implement innovative solutions for water scarcity both locally and globally.
Minimize and properly manage waste by reducing, donating and recycling waste streams, including paper, plastics, e-waste and organic waste, generated by our business operations.
Protect habitats and conserve biodiversity through the planting of trees and procurement of our products.
Consume responsibly by partnering with suppliers that sustain, protect and restore the environment, and maximize our procurement of sustainable, eco-efficient products and services.
Track and Measure
Set specific and measurable environmental sustainability goals that drive us toward continual improvement.
Track and measure our environmental sustainability performance goals and targets using our proprietary online management system.
Monitor and comply with local, state, national and global laws and regulations pertaining to our operations and meet all voluntary requirements to which Travel + Leisure Co. subscribes, while keeping our locations informed.
Engage and Communicate Progress
Engage meaningfully with external stakeholders including our owners, guests, suppliers, investors and non- government organizations to foster education and action toward the betterment of the environment.
Transparently communicate progress on our environmental sustainability goals internally to our leadership and Board of Directors, and externally to our investors and other relevant stakeholders.
Global Cage-Free Commitment – As part of our ESG commitment, we take steps every day to minimize the impact our operations have on the world around us. While we have a very limited food and beverage program, we remain committed to developing, implementing, and publicly reporting on sustainable food and beverage initiatives. In support of this commitment, in 2020 all Travel + Leisure Co. North America resorts transitioned to fully source cage-free eggs and egg products. In addition, we are still on target to source all cage free shell and egg product globally by 2025, having achieved 55% to date outside of North America.