Bharat Hotels Limited
Climate Impact & Sustainability Data (2022-2023)
Reporting Period: 2022-2023
Environmental Metrics
Social Achievements
- The LaLiT New Delhi won Favourite LGBTQ-Friendly Hotel in India by Condenast Traveller Readers’ Travel Awards 2022
- The Lalit Suri Hospitality Group received “LGBTQ+ Friendly Organization” by The Global DEI Summit 5.0
- The Lalit Suri Hospitality Group received Certificate of Appreciation for Community Partner by Trans Employment Mela 2023
- The Lalit Suri Hospitality Group received Certificate of Appreciation for Corporate Partner by Trans Employment Mela 2023
- Mr. Keshav Suri won LGBT+ Executive Role Model 2022 by Outstanding & Yahoo Finance
- Mr. Keshav Suri won T+L Champions - Champion for LGBTQIA+ Rights by Travel + Leisure India’s Best Awards 2022
Climate Goals & Targets
Environmental Challenges
- Hospitality industry was severely affected during the COVID-19 pandemic.
- Ongoing disputes with New Delhi Municipal Corporation (‘NDMC’) regarding the increase in license fees and termination of license.
Mitigation Strategies
- Refinanced debt through issue of Non-Convertible Debentures and cleared all existing loans from financial institutions.
- NDMC has assured the Court that it will not take coercive action against the Company.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- The LaLiT New Delhi: Favourite LGBTQ-Friendly Hotel in India by Condenast Traveller Readers’ Travel Awards 2022, Food for Thought Fest Award Jury’s Favourite by South Asian Association for Gastronomy, Star Partners Award 2022 – Travellers’ Review Award by Goibibo
- The LaLiT Resort & Spa Bekal: Best Ayurvedic Spa by Global Spa Awards 2022
- The LaLiT Grand Palace Srinagar: Domestic Hotels - Best Heritage Hotel by Travel + Leisure India’s Best Awards 2022
- The LaLiT Great Eastern Kolkata: The Bakery - Intach Culinary Heritage Award
- The Lalit Suri Hospitality Group: “LGBTQ+ Friendly Organization” by The Global DEI Summit 5.0, Certificate of Appreciation for Community Partner by Trans Employment Mela 2023, Certificate of Appreciation for Corporate Partner by Trans Employment Mela 2023
- Mr. Keshav Suri: LGBT+ Executive Role Model 2022 by Outstanding & Yahoo Finance, T+L Champions - Champion for LGBTQIA+ Rights by Travel + Leisure India’s Best Awards 2022, Exceptional Leaders of Excellence by Women Economic Forum