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Introduction to environmental ethics
Sustainable approach to tourism
Corporate Social Responsibility
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Recommended: Introduction to environmental ethics
Introduction:
Since the 1900s, Corporate Social Responsibility (CSR) has been a developing trend in the hospitality industry and until today is one of the pillars in many of the corporations’ public relations tool.
There are three kinds of sustainability: social, economic and environmental. Through sustainability they have observed the positive impact it has had on the company’s brand image, allowing them to decrease their operating cost, enhance competitive advantage, reduce waste and attract investors and employees.
This has become a developing trend mainly due to the growing concern about the shortage of our vital natural resources and also because people have started to put importance on ethical practices in corporate organizations.
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Their efforts have been rewarded with ITC Maurya being named ‘Best Eco Friendly Hotel’ in the National Tourism Awards.
ITC Maurya, Delhi has been awarded the ‘Best Eco Friendly Hotel’ at the prestigious National Tourism Awards, hosted by India’s Ministry of Tourism earlier this year. The award recognises ITC Maurya’s outstanding contribution and ongoing commitment to the environment. The hotel received the accolade from the Indian Minister of State for Human Resource Development, Shashi Tharoor, at a ceremony held in New Delhi.
Innovation and cutting edge technology combined with an emphasis on responsible luxury have enabled ITC Maurya to create new benchmarks in energy, water efficiency, solid waste recycling and carbon reduction, making it the largest hotel in the world to be certified LEED® Platinum, (in the Existing Building category), the highest certification awarded by the U.S. Green Building Council.
ITC Maurya was awarded for being a leader in eco practices in India, thanks to the property’s history of implementing sustainable initiatives for over two decades. These include using the largest and first on-site Paraboloid solar concentrators, a first for the global hospitality
Corporate Social Responsibility (CSR) is the way a corporation achieves a balance between its economic, social, and environmental responsibilities in its operations so as to address shareholder and other stakeholder expectations. In general, when firms hold this wider encouraging role on the public by being engaged with stakeholders, a variety of profit can be produced for both company and the stakeholders. A key inclination is the combination of Corporate Social Responsibility (CSR) into the organization strategy, culture, mission and communications. By incorporating corporate citizenship into the company it is no longer an additional “nice thing to do” or something made to obey laws or regulations. Instead, corporate responsibility has become something business leaders and workforce want to engage in, frequently because executives who believe in the long-term see business profit. The four types of social responsibilities a...
The Hotel industry has become very important in the past years due to immense traveling and growth of international business. Hotel industry not only plays an important role in the life of people but as well as the economy of the country. Development and advancement in the Hotel industry have rapidly been taking place and especially since the rapid change in technology, it is very important for hotels to be promptly keeping up to date. When the hotel industry is spoken of, there are many famous hotels but one hotel company that has been outstanding in growth and other aspects of business, like in Leadership, Teamwork (Employee turnover), Motivation (Customer retention and satisfaction, Goals and objectives, (changing the way hotel business has worked), and Change within the company; structurally inside and physically outside, adding elements, like entertainment, gaming, and outdoor activities, is the Hilton Hotel Company.
The Portman hotel is one of the luxury hotels in the hotel industry. The size of the hotel is relatively small; it has only 348 rooms and 21 floors. The objective of this hotel is to bring Asian hospitality to the US. This hotel is different from other hotel because it offers the services of personal valet and also it had “ no rules for the guests”.
According to Mike Peng, Corporate Social Responsibility (CSR) is the consideration and response to issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social benefits along with traditional economic gains the firm seeks. CSR is a way in which a company seeks to achieve a balance between profit, environmental concerns and social imperatives. This is known as the ‘Triple-Botto...
The most prestigious name in the industry, Hilton Hotels & Resorts stands as the stylish, enthusiastic and global leader of hospitality. With over 92 years of experience, Hilton continues to be synonymous with hotel because of innovative approach to products, facilities and service. They help make traveling easier with smart design, innovative restaurant concepts, authentic hospitality and assurance to the global community.
Recent years, government have been focusing on the importance of innovative ideas towards a greener future as there is an increase attention towards environmental consciousness among social groups working towards sustainability of the environment. Funding and incentive scheme has been setup by the government authorities to help various companies to work towards a clean and green city that could help with future economic growth in Singapore. A total of 35 government funding
In conclusion, the designers and builders of the tower have an undesirable job: creating a building that is functional, modern, sustainable and unique. At the same time it is honoring the memory of the people that died in and around the buildings that stood there before. While the green sustainable features have been criticized for being too expensive, they will do more than save just water, electricity and emissions. They and the grace of the building will inspire a generation of green and safe skyscrapers for the twenty-first century. This building has become one of the safest, environmentally friendly and expensive ever built, but as critics slate the building for various reasons, one cannot take away the determination through political, social and economic status that designers and workers have created such a beautiful building with great meaning.
This is a Green Building Rating System that accelerates and encourages worldwide adoption of green buildings in addition to...
The Diamond Building was named the most energy-efficient building at the Asean Energy Awards (AEA) 2012 held in Phnom Penh, Cambodia and won the top prize in the category of “New and Existing Buildings”.
Reliability- The Hotel is open 24 hours which is great for customers as they will be able to always rely on someone being able to help them, the staff were also groomed well which would make customers be able to put trust in them.
The reason the company did this in Europe was because it was a requirement, the company got bad publicity for this decision and ended up offering this service to customers in the United States. Measuring sustainability can be difficult for business, and even more difficult for small business like a bed and breakfast. The hotel industry does have a Hotel Carbon Measurement Index (HCMI) where thousands of hotels record their carbon footprint of hotel stays and meetings. The HCMI is used to help customers understand a hotel’s carbon footprint, as well as help the hotel reach their own carbon footprint goals. Another tool that is used by Hilton is called LightStay, which is to track their efficiency projects. LightStay also has a Face-book feature for hotel owners where you can become a part of a social media platform and measure yourself against others in the industry and share ideas (Gunther, M. July 12, 2012). Colorado Springs Historic Mansion will definitely try to implement the HCMI and LightStay into the business to understand what others in the industry are doing and for comparison. Colorado Springs Historic Mansion is a lot smaller than a hotel so it may be difficult to use as a tool for measurement. Colorado Springs Historic Mansion will also measure its
Business sustainability consists of three components, these are: social, economic and environmental. The business has to consider these three components as the business must make a maximized profit (economic) but must not in any way damage the environment in the long term (environmental). The business must also take care of social issue and people and communities as they are support the business.
Sustainability in the United States and in international business is more than simply adopting sustainable practices, but actually has the potential to help companies gain competitive advantage. Other companies prefer to describe this kind of thing as “corporate responsibility” (dropping the “social” as too narrow), or “corporate citizenship”, or “building a sustainable business”. All this is convoluted code for something simple: companies meaning (or seeming) to be good all in the name for higher profit margins. The social sustainability that companies practice spans everything from volunteering in the local community to looking after employees properly, from helping the poor to saving the planet. With such a fuzzy, wide-ranging subject, many companies find it hard to know what to focus on. So what does a company honestly practicing an environmentally sustainable business model look like, and is it
This research paper will try to investigate areas in which companies have struggled to uphold their responsibilities and develop ideas on how management can successfully implement a more effective model of social responsibility and ethical code. Social Responsibility has become an important part of any business. Almost every business or corporation has