- Industries
- Tourism
Tourism
Post-Covid-19, the tourism sector faces sustainability challenges including emissions, construction, waste disposal, local sourcing, and natural and cultural heritage preservation. Organisations in aviation, accommodation, travel booking, and catering must consider the potential financial impact of higher operating costs, potential fines and reputational damage.
Hotels & lodging
The hotels and lodging industry faces financially material sources of uncertainty including water and energy management, climate risks and ecosystem protection. Sustainability-related challenges such as climate change impacts and waste management, alongside opportunities in energy efficiency and environmental stewardship, are crucial for operational resilience and enhancing guest experience.
Travel & leisure services
The travel and leisure services industry, including e-commerce, leisure facilities, travel agencies and tour operators, faces financially material sources of uncertainty. Key risks include data centre energy and water management, data privacy, safety concerns and cybersecurity threats, while opportunities lie in energy efficiency, renewable innovations and sustainability practices.
Passenger transport
The passenger transport industry provides critical support to the tourism sector, ensuring the mobility of tourists through the activities of airlines, car rental firms and cruise lines. Transportation activities are one of the most significant sources of global emissions. This creates both risks and opportunities for businesses in the industry, depending on the success of efforts to manage stakeholder pressures for decarbonisation.