Spread the love

Post Views: 42

In an era where the call for sustainability resonates daily, one company rises above the rest in the hospitality sector. Centara Hotels & Resorts, Thailand’s premier hotel operator, has not just responded to the sustainability call; it has set a benchmark that peers aspire to. Centara’s journey through 2023 has been remarkable, with accolades marking its territory as a leader in environmental, social, and governance (ESG) principles.

The hospitality giant’s commitment to a sustainable future is evident in its latest achievements. A shining ‘A’ rating from MSCI ESG Ratings, a place on the SET ESG Ratings list for the sixth year in a row, the Sustainability Disclosure Recognition from the Thaipat Institute for the fourth consecutive year, and a coveted spot in the S&P Global Sustainability Yearbook 2024. These accolades are not just medals of honour but a testament to Centara’s relentless pursuit of excellence in sustainability.

Centara’s parent company, Central Plaza Hotel Public Company Limited [CENTEL], has been dubbed an ‘Industry Mover’ by the S&P Global Sustainability Yearbook 2024. This title is reserved for those who demonstrate significant progress in their sustainability practices and lead their industry towards a greener future. CENTEL’s impressive twelve-point leap in the CSA Score, positioning it in the industry’s top 15%, indicates its forward momentum.

The MSCI ESG Rating is a globally recognized measure of a company’s resilience to long-term, industry-material ESG risks. Centara’s ‘A’ rating speaks volumes of its robust ESG practices, placing it at the forefront of the hospitality industry’s march towards sustainability. This achievement underscores the company’s commitment to minimizing its environmental footprint, enhancing societal well-being, and governing itself with the highest ethical standards.

Moreover, Centara’s presence on the SET ESG Ratings list, especially with its first ‘A’ ranking, highlights its dedication to integrating sustainability into its business strategy. This recognition by The Stock Exchange of Thailand underscores Centara’s role in fostering long-term value for stakeholders while contributing to the global agenda of sustainable development.

The Sustainability Disclosure Recognition by the Thaipat Institute further emphasizes Centara’s commitment to transparency. By openly reporting its operational data on ESG issues, Centara aligns itself with the Sustainable Development Goals (SDGs) and ensures its stakeholders are well-informed about its sustainability initiatives.

Thirayuth Chirathivat, CEO of Centara Hotels & Resorts, reflects on these achievements with pride and optimism. “These esteemed accolades are a testament to our unwavering commitment and passion for sustainability. We believe that responsible business practices are not only fundamental to our success but also to a better future for everyone. Our focus on environmental sustainability and responsibility is integral to our operations, driving us towards excellence and innovation in every facet of our business.”

Centara’s journey is a beacon of inspiration in the hospitality industry, proving that commitment to sustainability and operational excellence can go hand in hand. As the company continues to lead the way, its efforts serve as a blueprint for others to follow, ensuring a greener, more sustainable future for the hospitality sector and beyond.

Please visit their official page for further information about Centara Hotels & Resorts and its sustainability initiatives.