Banyan Tree Global Foundation
Sustainability and Stewardship
Banyan Tree Group has been driving long-term sustainable development since it was founded in 1994 on the ethos of “Embracing the Environment, Empowering People”. To deliver on our mission, we have conceptualised our values based on a “for good” framework.
We promote responsible stewardship by:
- Creating exceptional design-led experiences for guests and customers through services and products that celebrate nature and promote wellbeing;
- Providing fair and dignified employment for our associates which enhances their ability to contribute to the company’s growth and elevates their job
prospects with Banyan Tree Group and beyond; - Enabling long-term prosperity for communities in which we operate through business conduct, operations and harnessing our competencies to address
issues facing the community; - Exercising the precautionary approach to environmental impacts of our operations, and taking an active role in the protection and remediation of global
ecosystems; - Conducting business with suppliers and vendors in a fair and transparent manner while working in partnership to enhance societal benefits; and
- Generating sustained, long-term returns for our shareholders.
Progress and Engagement
In 2022, we developed strategies, established baselines, drafted policies and new procedures to support implementation of the materiality assessment we completed at the end of the previous year. We defined impact scope and developed mitigation strategies for the five greatest materials key to our business: Climate Change, Waste, Water, Biodiversity, and Diversity, Equality and Inclusion. We also included Health and Wellbeing, which is important to our core values.
We continued to engage various stakeholders in our sustainability efforts, involving them in a wide range of environmental and social initiatives. The 725 initiatives in 2022 included endangered species conservation programmes, community tree-planting and clean-ups, and guests and associates taking on the role of citizen scientists.
Details of our key performance indicators, progress and next steps in fulfilling our commitment to sustainability will be available in our Sustainability Report 2022.
Climate Change – Emissions
Waste – Diverted from landfill
Water – Recyled/recaptured
Biodiversity – Certified sustainable food sources (seafood)
Diversity, Equality and Inclusion –Â Gender pay gap
Associate wellbeing index
