Friday 4th June, 2010

Company spotlight: Marriott

Mariott Hotel. Image Courtesy: Anna Reitman.

Marriott-branded hotels in the UK have reduced carbon emissions and greenhouses gases by over seven per cent, earning them a seventh place ranking on The Sunday Times "Best Green Companies" list - up ten spots from last year.

The publicly traded company is certified by the Carbon Trust Standard, a UK government programme that evaluates company commitment to climate change. Also, 11 of its hotels in London will get the Green Tourism Business Scheme Certification by year-end, a programme validated by Visit Britain and the International Centre for Responsible Tourism, which assesses energy and water efficiency, waste management and biodiversity.

One of those newly certified hotels is the London Marriott Marble Arch. They have implemented initiatives such as locally sourcing organic produce for food and drink selections, increasing recycling efforts in meeting rooms and suites and switching to electronic check-in and file storage. By simply changing to LED lighting, Marble Arch Marriott has cut 70 tonnes of CO2 emissions, cutting costs by almost £13,000.

In the Tower Hamlets area, Marriott management and employees assisted in improvements to Cemetery Park. Located in one of the most deprived areas of London, the team is encouraging greater use of urban green space.

Marriott’s international strategy includes greening its £7billion supply chain, reducing fuel consumption by 25 per cent per room, considering energy efficiency standards for construction projects, and engaging employees and guests in support of the environment. Customers can get tips on travelling green by following @MarriottGreen on Twitter.

Marriott share price has more than doubled in value over the last year, ranging from US$18.80 to $38.15 over the last 52 weeks. Over the last five years, the company has consistently outperformed the Dow Jones index.

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