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WTTC calls on tourism to embrace sustainability reporting

WTTC calls on tourism to embrace sustainability reporting
October 21, 2017

The World Travel & Tourism Council (WTTC) has called on tourism operators around the world to measure, monitor and report their sustainability impact as it launches new guidance on Environmental, Social and Governance (ESG) Reporting for the industry.

WTTC President and Chief Executive Gloria Guevara explains “WTTC’s Global Summit earlier this year focused on how our sector can contribute to the United Nations Sustainable Development Goals (SDGs).

“We know that travel and tourism has a significant role to play in reducing poverty, protecting the environment, and contributing to the inclusive and sustainable growth the SDGs aspire to. Sustainability reporting, that is integrated into financial reports or presented as a separate activity, shows commitment to and progress against these goals. What is more, Goal 12 specifically calls on companies to report their ESG impacts.”

The report covers latest trends in sustainability reporting, including which governments and stock exchanges are mandating such reports, and how companies are refining the reports to be more engaging for audiences. It also includes a 12-step guide to reporting and specific guidance on how to report on the issues of Climate Change; Community; Energy; Governance, Risk and Compliance; Supply Chain; Waste Generation and Diversion; Water; and Workforce.

Guevara added “recent research with WTTC members highlighted sustainability as a top priority for the sector.

“Sustainability reporting, which is on the rise across travel and tourism, is a mechanism for companies to monitor progress and share best practices.

“Our aim with this guidance is to support companies, large and small, as they take this journey; and provide them with the mechanism to communicate their progress.

“As a sector which accounts for 10% of the world’s GDP and generates 292 million jobs, we have a responsibility to ensure that growth is sustainable.”

The report is available to download from www.wttc.org/Sustainability-Reporting

Organisations wishing to share their best practices in sustainable tourism can also apply for WTTC’s Tourism for Tomorrow Awards programme until 14th November 2017 at www.wttc.org/T4TAwards 

Images: Post storm recovery work at Queensland's famous Whitehaven Beach earlier this year (top) and Gloria Guevara (below).

2nd August 2017 - WORLD TRAVEL AND TOURISM COUNCIL ANNOUNCES NEW PRESIDENT AND CHIEF EXECUTIVE

8th May 2017 - 2017 TOURISM FOR TOMORROW AWARDS WINNERS NAMED BY WORLD TRAVEL & TOURISM COUNCIL

5th May 2017 - DAVID SCOWSILL TO DEPART WORLD TRAVEL & TOURISM COUNCIL

21st March 2017 - TOURISM SUPPORTS ONE IN 10 JOBS, OUTPACING GLOBAL ECONOMY FOR SIXTH CONSECUTIVE YEAR 

12th February 2017 - GLOBAL TOURISM BODIES WELCOME INTERNATIONAL YEAR OF SUSTAINABLE TOURISM FOR DEVELOPMENT 2017

8th October 2016 - VISITS TO THE GREAT BARRIER REEF AN EXAMPLE OF ‘LAST CHANCE TOURISM’ 

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