Today, many are working towards an exciting new vision of the world – one which is green, sustainable, and where everybody can prosper.
This vision is one that consumers are increasingly demanding; it is one that investors are backing; and it is one for which governments worldwide are legislating.
The Energy & Environment Alliance (EEA) is a not-for-profit coalition of hospitality sector leaders working with renowned experts to achieve this vision in a rigorous, profitable, and timely manner.
The EEA ’s mission is to:
- Pioneer the first universal, scientifically robust standards and metrics for sustainable design, construction and management of hotels and other hospitality assets
- Initiate access to green finance, sustainability backed loans and improve asset values
- Obtain energy at low cost and carbon free
- Negate climate related risks and lead on environmental, social and governance (ESG) practices
- “ESG-proof” legal agreements, corporate disclosure, and governance statements
- Engage local authorities, government, and international institutions to ensure effective and fair legislation
- Radiate innovation, know-how and best practice
The EEA ’s mission is to:
- Pioneer the first universal, scientifically robust standards and metrics for sustainable design, construction and management of hotels and other hospitality assets
- Initiate access to green finance, sustainability backed loans and improve asset values
- Obtain energy at low cost and carbon free
- Negate climate related risks and lead on environmental, social and governance (ESG) practices
- “ESG-proof” legal agreements, corporate disclosure, and governance statements
- Engage local authorities, government, and international institutions to ensure effective and fair legislation
- Radiate innovation, know-how and best practice
The EEA is developing the first universal sustainability standard for hospitality buildings and operations, in collaboration with investors, asset owners/managers, experts and its strategic partner BREEAM, the world’s most reputable sustainability assessment method for master-planning projects, infrastructure and buildings. EEA-BREEAM standards will ensure:
- Investors can better assess where and how to place their capital
- Managers can better allocate their resources
- Banks can better evaluate asset values and whether to lend, how much to lend and what special terms may need to apply
- Planning authorities can better decide whether to grant planning permission and under what conditions
- Governments can better assess the appropriate levels of taxation or incentivisation to impose and
- Lawmakers can draft better regulations which create a level playing field and promote sustainable practices
Achieving the reduction in GHG emission levels agreed by 190+ countries under the Paris Agreement requires significant improvements to the way hospitality assets use energy, as well as how they are designed, built, and operated. Furthermore, achieving net zero carbon before 2040 also requires the adoption and procurement of renewable energy.
Working with strategic partners, BusinessWise Solutions, a specialist energy trader, and Drax, a major power generator with world leading expertise in sustainable biomass generation and electric vehicle charging, the EEA is also actively enabling members to:
- Access net zero carbon energy at competitive rates
- Improve energy intensity (the amount of energy used to produce a unit of economic output)
- Eliminate energy waste
- Cut CO2 emissions
- Make strategic investments in on-site power generation and electric vehicle charging points