Energy & Environment Alliance (EEA) is the global coalition of hospitality and lodging investors, developers, operators, and asset managers. We work to transition hospitality businesses to net zero carbon (NZC) and environmental, social and governance (ESG) leadership in a timely, scientifically robust, and commercially sustainable way. We represent the industry to policy makers and international institutions, proactively informing regulation, global standards, ESG reporting and benchmarking. With renowned experts, we conduct ESG research and development for the industry. We offer knowledge-share, training, and education services. We provide our members with insights, objective advice, strategic guidance, and tools, to mitigate risk, drive value creation and maximise company prospects. Our outputs are developed with inputs from leading experts and industry participants in EEA’s nine active work-streams:
Technical: with BREEAM and others, the EEA works to develop ESG building and operational standards for all hotel & lodging types, to transition existing assets to NZC and ESG, and deep dive into property and operational technologies.
Legal & Regulatory Compliance: with a cohort of ten international law firms, the EEA works to create bespoke ESG clauses for all hotel agreements one offers members compliance support including an EU and UK regulatory planner up to 2050.
Social: with Mazars and other global experts, we are building the social taxonomy for hospitality, evolving global industry standards, metrics and benchmarking on human capital, communities, social impact, value, and equity.
Capital Markets: with JLL, financial institutions including banks such as HSBC, Aareal Bank, and Hermes International, the EEA is focused on underwriting, asset valuation for sustainable hotels, and access to ESG funds; both equity and debt capital.
Financial and Non-Financial Reporting: the EEA is a member of the IFRS Sustainability Alliance working on ISSB disclosure requirements and sector specific SASB standards. Our working group of CFOs are also focused on the ESG auditing, risk scenarios, and evolving financial/non-financial metrics covering scopes 1, 2 and 3.
ESG Executive Education: together with Kings College London and Kings Business School, the EEA works to develop a network of ESG informed hospitality leaders. Having launched the industry’s first ESG Executive Education programme, Kings and the EEA are now developing programmes for asset level senior executives.
Circularity: working with experts from Metabolic and Studio Moren, this work-stream focuses on the Circular and Sustainable Design of new and existing assets; from inception to operation and end-of-life. This work stream also focuses on scopes 1,2 and 3, considerations for all asset-driven activities including procurement.
Reliable data and Benchmarking: working with Ignite Economics, BREEAM, Omnevue and others, this work-stream is dedicated to the development of AI solutions, data management, analytics, and hospitality ESG benchmarking.
Advocacy: working with policy makers to drive smart regulation and a level playing field for our industry, and we actively collaborate with the IFRS, ISSB, SASB, CRREM, and BREEAM, to ensure global standards work for all classifications and geographies of hotel and lodging assets.