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Shangri-La Asia joins Dow Jones DJSI

January 30, 2014 11:17 am Category: Asia, Biodiversity, bioenergy, Charity, Community, Latest News, Sustainability A+ / A-

Shangri-La

Shangri-La Asia has been listed in the Dow Jones Sustainability Indices (DJSI), the first hotel group to be included in the index component within the Asia Pacific.

Launched in 1999, the DJSI tracks the leading sustainable companies, and following their financial performance. The DJSI is based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices. The trend is to reject companies that do not operate in a sustainable and ethical manner.

Shangri-La Asia was amongst 333 companies to be invited for inclusion in the DJSI World Index.

The company’s social responsibility program, Sustainability includes initiatives from five key areas of corporate social responsibility (CSR) namely, environment, health and safety, employees, supply chain, and stakeholder relations. Two of Shangri-La’s CSR flagship projects are Embrace and Sanctuary.

Embrace, Shangri-La’s care for people project commits each hotel to a ten to fifteen year partnership with a chosen beneficiary working on children’s health or education. During 2012, the program achieved 60,174 volunteer hours rendered by hotel colleagues, delivering benefits to 73 identified beneficiaries in each city working on health and education programs, and achieving 72 per cent of the hotels met and exceeded their targets in skills training and medical support.

Sanctuary, the group’s care for nature project, aims to make a concerted effort towards biodiversity conservation and habitat protection. Hotels work on individualised projects, which are developed, tracked and monitored after a biodiversity assessment takes place. There are currently a total of nineteen Sanctuary projects in place engaging stakeholders worldwide. In 2012, Sanctuary, Shangri-La’s Care for Nature Projects were launched in city hotels in China in order to encourage the protection of local habitats and even wetlands.

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