Banyan Tree was founded with the core values of driving sustainable development. As a global hospitality group operating in diverse locations, Banyan Tree’s concept of sustainability seeks to create long term value for multiple stakeholders and destinations. The company’s triple bottom line of economic, social and environmental success helps direct sustainable development by aiming to inspire associates, guests, and partners to take a wider consideration encompassing a long-term view when making business decisions.
We want to build globally recognised brands which, by inspiring exceptional experiences among our guests, instilling pride and integrity in our associates and enhancing both the physical and human environment in which we operate, will deliver attractive returns to our shareholders.
Established in 2009, Banyan Tree Global Foundation is an associate of Banyan Tree Holdings Limited. As the Corporate Social Responsibility (CSR) arm of the group, Banyan Tree Global Foundation provides in-house CSR consultancy services to Banyan Tree Holdings. By promoting as well as enacting strategies and efforts which consider and seek to enhance the social, environmental and economic well-being of all stakeholders, Banyan Tree Global Foundation seeks to direct and guide the continual process of Banyan Tree Holdings’ overall commitment to the CSR journey.
As its long-term goal, Banyan Tree Global Foundation seeks to continue supporting Banyan Tree’s overall ability to “Embrace the Environment, Empower People”.
A separate entity specifically formed to house, manage, and administer the funds raised by Banyan Tree’s Green Imperative Fund mechanism, Banyan Tree Global Foundation provides an even greater level of assurance to contributing guests that such funds will create social and/or environmental benefits for the communities in which Banyan Tree has a presence. Established in 2001, the Green Imperative Fund mechanism comprises opt-out contributions from guests staying at Banyan Tree and Angsana branded properties, with each guest contribution matched dollar for dollar by Banyan Tree.
Banyan Tree Global Foundation is based in Singapore, led by a Board of Directors featuring Chairperson Ms. Claire Chiang, Group Managing Director Mr. Eddy See, Managing Director Mr. Des Pugson and managed by Group Sustainability Director Dr. Steve Newman who is based in Maldives.
Since earning the 1992 Environmental Award from American Express and The International Hotel Association for the remediation of a former tin mining site into the Laguna Phuket integrated resort, Banyan Tree has been committed to sustainability as a top priority. For this commitment, Banyan Tree has received nods of approval from various organizations, in the form of various social and environmental awards. While honoured to receive these awards, Banyan Tree sees such recognition as rewards of conduct rather than incentives for conduct.