Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy
• Water
• Waste Management
• Biodiversity
• Human Rights
• Employee Well-being
• Community Development
• Responsible Procurement
• Good Governance

Environmental Achievements

• Reduced CO2 emissions by 7 tonnes
• Improved waste management, recovering over 3,000 tonnes of recyclable waste (300% increase from 2016)
• Implemented energy saving measures, including LED lighting and efficient equipment
• Reduced water consumption through flow regulators and improved wastewater treatment
• Implemented a plan to decrease water consumption by 5% in the hotel division in 2018
• Implemented a plan to reduce energy consumption by 4% in the hotel division in 2018
• Improved recovery of recyclable waste in hotels by 20% in 2018
• Commitment to eliminate single-use plastics by 2020

Social Achievements

• Invested over €2.29 million in safe and healthy workplaces
• Provided over 177,045 hours of employee training (2% increase from 2016)
• Launched the “Healthy Company” Programme for employee well-being
• Contributed €133,000 (8% increase from 2016) to local communities
• Implemented initiatives for social-labor integration of people with disabilities and young people at risk of exclusion
• 90% of employees are local in the Caribbean
• 721 internal promotions (5% of employees)

Governance Achievements

• Aligned CSR strategy with the UN Sustainable Development Goals (SDGs)
• Signed the UN Global Compact
• Approved a corporate strategic plan to save energy and decrease water use
• Approved Human Rights Policy
• Approved Goods and Services Procurement Policy incorporating sustainable criteria
• Implemented a complaints and claims system with 60% of claims resulting in a favorable outcome

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions
• Improving water management
• Optimizing waste management
• Conserving biodiversity
• Ensuring ethical and responsible business practices

Mitigation Strategies

• Implemented energy-saving measures (LED lighting, efficient equipment, smart meters)
• Improved wastewater treatment and implemented water-saving measures
• Enhanced waste management system, including hazardous waste and used vegetable oil recovery
• Partnered with local associations to conserve species and habitats
• Aligned CSR strategy with UN SDGs and UN Global Compact principles

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Goods and Services Procurement Policy incorporating sustainable criteria
• Prioritizing providers with sustainability certifications
• Purchasing environmentally friendly materials
• Purchasing from local providers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact, UN Sustainable Development Goals (SDGs)

Certifications: Travelife (11 hotels), EarthCheck (4 hotels)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 8
• Goal 12
• Goal 14

The company's initiatives contribute to sustainable economic growth, sustainable consumption and production, and the conservation of oceans and marine resources.

Sustainable Products & Innovation

• Electric carts at golf courses

Awards & Recognition

• CIMET Medal
• Matilde Torres award
• Gold Medal from the Tourism Promotion Institute of Majorca
• Seven TripAdvisor Travellers’ Choice awards
• ADOTUR prize for best hotel chain
• Blue Flag awards for beaches
• Golf Digest award for Best Golf Club in Mexico and Central America

Environmental Metrics

ESG Focus Areas

• Energy and Climate Change
• Circularity (Waste Management)
• Natural Capital
• Healthy Enterprise
• Inclusion and diversity
• Workers in the value chain
• Training and talent attraction
• Stakeholder dialogue
• Responsibility towards our community
• Ethics in business management
• Innovation

Environmental Achievements

• Investment of €3.530.000 in environmental initiatives.
• Reduced energy consumption per stay by 5.8%.
• Recovered more than 5.3 million kg of recyclable waste.
• Integrated a desalination plant in Adeje Complex, Tenerife, making the hotel practically self-sufficient in water generation.
• Implemented AI systems to optimize buffets and significantly reduce food waste.
• Planning and managing 100% of landscapes, beaches, and biodiversity where hotels, residences, and golf courses are located.
• Samaná Biodiverse Clean and Sustainable project.
• More than 191,500 sea turtle hatchlings born in Mexico and Dominican Republic thanks to Eco-Bahia Foundation.
• Cayo Levantado Resort equipped with waste digestion system, water production plant, native flora reforestation programs, emission control per stay, and paperless check-in.

Social Achievements

• Healthy Company program investment of €1.1 million, aiming to improve employee well-being.
• More than 165,000 attendees participated in training programs.
• 95% of local businesses in supplier portfolio in Spain, Dominican Republic, Mexico, and Jamaica.
• Awareness-raising sessions on sustainability with suppliers in the Dominican Republic.
• Social and environmental actions in all local communities.
• 1,163 internal promotions (30% women).

Governance Achievements

• Updated Compliance Body Statute, Compliance Policy, Supervision Plan, and Disciplinary System.
• Awareness-raising sessions on Ethical Code and corporate sustainability policies in Spain, Mexico, and the Dominican Republic.
• Double materiality analysis to identify and evaluate impacts, risks, and opportunities.

Climate Goals & Targets

Environmental Challenges

• Substantial increase in temperatures in various destinations compared to 2022, leading to higher energy consumption despite efforts to reduce carbon footprint.
• Price increases in raw materials.
• Geopolitical conflicts affecting destinations/products.
• Interest rate increases.
• Competitive environment and price wars.
• Management and talent acquisition challenges.

Mitigation Strategies

• Implementing a new, more exhaustive carbon footprint calculation (2024).
• Developing action plans and controls to reduce exposure to risks above defined tolerance levels.
• Effective management to minimize negative impacts of emerging risks.

Supply Chain Management

Responsible Procurement

• Environmental, social, and governance criteria considered in purchasing decisions.
• Prioritization of local suppliers (95%).
• Sustainability awareness-raising sessions for suppliers.
• Plan for ESG criteria for Grupo Piñero suppliers (2024).

Climate-Related Risks & Opportunities

Physical Risks

• Increased temperatures affecting energy consumption.

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products and services.

Reporting Standards

Frameworks Used: GRI Standards, UN Global Compact

Certifications: Travelife Gold, EarthCheck, Clean Beaches

Third-party Assurance: Moore Auditors

UN Sustainable Development Goals

• Goal 7: Affordable and clean energy
• Goal 13: Climate action

The report highlights contributions to various SDGs, including affordable and clean energy and climate action, through initiatives such as renewable energy projects, waste reduction, and biodiversity conservation.

Sustainable Products & Innovation

• Cayo Levantado Resort
• Renovated Bahia Principe Luxury Esmeralda

Awards & Recognition

• Revela-tion tour operator award (Soltour)
• Honorable mention in institutional communication (Soltour and Bahia Principe)
• Best project for preserving the environment (We Are Ecocentrists)
• Recognition for blood and bone marrow donation (Bahia Principe Fantasia Tenerife)
• Recognition for contribution to tourism development (Bahia Principe Hotels & Resorts)
• Recognition for contributions to national economy (Grupo Piñero)
• Recognition for commitment to diversity (Bahia Principe Grand El Portillo)
• Sustainability award (We Are Ecocentrists)
• Best innovation in AI and data analysis (hotel demand prediction)