Tuesday, November 12, 2019

Centara listed by SET in Thailand Sustainability Investment awards

Nov 01. 2018
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By The Nation

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Centara Hotels and Resorts, a Thai hotel operator, was categorised a Thailand Sustainability Investment (THSI), an annual recognition for listed companies that operate with responsibility for environmental, social and governance aspects.

The THSI list aims to recognise and motivate companies for their efforts towards sustainability, while offering investors an alternative investment in high-performance stocks. 

Centara aims to balance its operations to attain financial goals and practice good governance, while creating positive social impact, reducing its environmental footprint and encouraging innovation to sustain the organisation’s competitiveness. The company has formally developed environmental, social and innovation initiatives since 2008, including energy, water, waste and safety management. Centara also engages management, staff, suppliers, guests and communities, for both the long-term growth of its business and vitality of the destinations where it operates. One testament to this commitment is that 15 of Centara’s properties have already achieved gold and silver certification by EarthCheck, a scientific benchmarking and impact assessment body for sustainable travel and tourism.

“Centara intends to operate ethically and sustainably across our entire portfolio. We are committed to sustainable practices throughout our hotel operations, whilst delivering a level of Thai hospitality for our guests,” said CEO Thirayuth Chirathivat. “Companies that respond effectively to the challenges of sustainability can gain a competitive advantage and increase share value. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate.”

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