“Businesses Cannot Succeed in Societies that Fail.”
Better World: Better Future, 2017
Alignment
Banyan Tree is strategically aligned with various international efforts that focus specifically on harnessing a collective potential to achieve a sustainable future for our planet.
Aligning with SDGs
Our planet is undergoing unprecedented global societal and environmental change. To address and combat this, the United Nations’ Sustainable Development Goals (SDGs) define priorities and set ambitious global targets for 2030 to combat poverty, inequality and tackle climate change.
Aligning our efforts with the SDGs helps us contribute towards supporting social and environmental challenges that cannot succeed without each other. Through our new materiality analysis, we have identified areas of impact on which to focus our efforts, scale up positive impacts, and reduce or avoid negative impacts.
FACT
No single goal is forecast to be met worldwide, and not even half will be achieved within a single region. The private sector has a key role to play, with collective action necessary to achieve success.
Banyan Tree’s actions on climate change are integrated throughout environmental, social and governance sustainability efforts, in alignment with the World Travel and Tourism Council’s (2015) call to connect with global climate action by:
- Integrating climate change and related issues into business strategy,
- Supporting the global transition to a low carbon economy through emission reductions,
- Recognising the value of cultural and natural heritage and strengthen local local resilience where we operate,
- Promoting responsible travel through a participatory approach, and
- Engagement across the values chain.
UN Global Compact
Banyan Tree’s approach includes engagement with global frameworks for social justice, demonstrating leadership in sustainability as a founding member and signatory of the UN Global Compact in Singapore.
Through the power of collective action, the global compact seeks to advance responsible business citizenship so that business can be part of the solution to the challenges of globalisation. Banyan Tree is committed to upholding the Global Compact’s Ten Universal Principles on human rights, labour, the environment and anti-corruption.
