News

Hilton has unveiled its ESG commitments

04/08/2022

Hilton, who operate our iconic Hotel asset in The Hague, Netherlands, has unveiled a series of new ESG commitments, including a headline goal to cut greenhouse gas (GHG) emissions intensity by 75% in its managed hotels.

According to todays article in ‘ESG Today‘ Hilton’s new climate goals include reducing greenhouse gas (GHG) emissions intensity by 75% in its managed hotels – an acceleration from its prior 61% target – and by 56% in its franchised hotels by 2030. The company stated that its upgraded GHG emissions targets have been validated by the Science Based Targets initiative (SBTi), as aligned with a trajectory to hold global temperature rise to 1.5°C.

In addition to its upgraded targets, the company also announced a new commitment to VC investor Fifth Wall’s Climate Tech Fund that will invest in software, hardware, renewable energy, energy storage, smart buildings and carbon sequestration technologies.

Hilton’s social impact commitments include a target to create 5 million learning and career growth opportunities for employees and communities with a focus on underrepresented groups by 2030, meaningfully impact 20 million community members through local support, economic opportunities and disaster relief by 2030, and promote responsible and inclusive conduct across 100% of its value chain operations.¹

We are looking forward to working with Hilton on our initiatives to further enhance the energy efficiency of the Hotel in line with our ESG strategy.

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