EarthCheck welcomes SGX move to mandatory sustainability reporting

“We will take a leading role… and we will make it the rule,” heralded Magnus Bocker, the Chief Executive of SGX in front of a 200-strong audience at the EarthCheck Certified Marina Bay Sands Expo & Convention Centre.

Stewart Moore, CEO and founder of EarthCheck said, “Over the past 25 years we have been mindful of the need to keep pace with current market expectations for corporate governance and corporate responsibility reporting requirements. We welcome this announcement wholeheartedly and look forward to supporting the initiative.”

“EarthCheck looks after some of the major hotel investment and development corporations in the Asia Pacific such as Banyan Tree Holdings, The Peninsula Hotels, Langham Hospitality Group, Centara Hotels and Resorts etc… and we work to ensure that their sustainability and CSR achievements under the EarthCheck program are recognised.”

Banyan Tree has been integrating its own EarthCheck’s achievements and metrics in its reports for some years now. A core part of their reporting platform has been to use an internationally recognised standard that is metric based and third party audited.

Michael Kwee, Co-ordinating Director of Banyan Tree Global Foundation Limited said, “We feel that EarthCheck is the most stringent and relevant benchmarking tool for us to first measure our performance, then systematically take actions for improvement.”

“The robust system and strength of the underlying research have given us the confidence to entrust EarthCheck to provide us with accurate measures and benchmark intelligence.”

EarthCheck’s work in Singapore also stretches to households and education. Currently some 2,000 students have access to EarthCheck’s Sustainability Challenge. The program actively engages students in their environmental future and gives them an understanding of their impact and path to sustainability. The online game aims to make environmental awareness a fun and interactive part of learning, in which the students can see their effects instantly.

Stewart Moore went on to say that the future of the planet lies in the hands of today’s school kids.

“Give them the information and the tools on sustainability and they will collectively shape the world we live in,” Moore said. “We chose Singapore to launch the program because it is well known as a smart destination with government and business leaders striving for environmental sustainability while growing the economy. We hope more corporate sponsors will come on board and support this world leading initiative.”

EarthCheck is the world’s leading environmental benchmarking and certification program designed specifically for the travel and tourism industry. Having its initial standard built around the Agenda 21 principles, EarthCheck have now aligned to multiple standards and guidelines including the GRI, the Global Compact and various ISO standards including Carbon, Energy and Environment.

EarthCheck’s patented science was developed over a 15 year period by the Cooperative Research Centre for Sustainable Tourism (STCRC) in Australia. The STCRC was comprised of seventeen Universities and research institutes and became the world’s largest dedicated Research Centre specialising in sustainable tourism.

EarthCheck

EarthCheck is the world’s leading environmental benchmarking and certification program for the travel and tourism industry. Its flagship product, EarthCheck Certification, has helped clients in more than 70 countries realise over $500 million in operational savings while reducing their footprint on the environment.

EarthCheck believes smart business practice and sustainability go hand-in-hand. It focuses on productivity, profitability and performance as well as resource efficiency, eliminating waste and safeguarding the social and natural environment.

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