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Meliá named world's most sustainable hotel group by S&P

PALMA, January 31, 2023

Meliá Hotels International, the leading hotel company in Spain, has achieved the highest rating in the global travel industry in the latest S&P Global Corporate Sustainability Assessment (CSA).

S&P Global's CSA is the world's most comprehensive annual assessment of the sustainability performance of companies across all industries, focusing on economic, governance, social and environmental criteria, as well as on industry-specific criteria.

Meliá has taken part since 2018, a year in which it was ranked third in the industry. From 2019 t0 2021 the company achieved the top position in the ranking in Spain and Europe, and second place globally.

As of this month, the new assessment places Meliá at the top of the industry ranking, with an overall score of 74 points out of 100. Of the three dimensions included in the analysis, Meliá obtained the highest score in the industry in the first two (Social, with 72 points, the same as obtained by Asset World Corporation, and Economic and Governance, with 81 points) and also leads the industry in criteria such as:

•    Risk and crisis management
•    Environmental reporting
•    Climate strategy
•    Social reporting
•    Human rights
•    Human capital development
•    Management of customer relationships

“In the current complex business environment, sustainability has become as one of the most important values for companies, and for Meliá, especially due to the family nature of our business, it is now a key factor in driving our transformation and responding to the demands and expectations of our customers, employees, shareholders and investors, hotel owners and society in general,” said Gabriel Escarrer, Executive Vice President and CEO of Meliá.

“For all of them, we are proud to have once again achieved this recognition as the most sustainable hotel company in the world.”

The Spanish hotel group has been expanding its presence in Asia over recent years and is now one of the largest international hotel brands in Vietnam.

Meliá properties throughout Asia have embraced core sustainability principles by reducing or entirely eliminating single-use plastics, implementing energy and water conservation measures, rolling out a broad range of CSR programs, creating a more circular food economy, and launching collaborative projects with local organisations. - TradeArabia News Service
 




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