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ORLANDO, Fla.–( BUSINESS WIRE )–Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, recently published its 2021-2022 Environmental, Social and Governance (ESG) Report. The report outlines progress made in key corporate social responsibility priorities and commitments over the past year, highlighting the company’s strategy to make a positive impact on the world through responsible tourism.
As a leader in the global leisure travel industry, Travel + Leisure Co. has further refined its approach to proactively raising environmental, social and governance standards across its business. In the 2021-2022 ESG Report, the company shares the environmental and social goals and management enabled by Travel + Leisure Co’s Full Circle ESG program. Some key areas of focus include:
- Through WYND’s Green Certification program, the company’s vacation ownership business continues to roll out efficiency projects and explore renewable energy consumption at resorts. In the year In 2021, in Portland, Ore. An off-site community solar program was agreed upon and two resorts are slated for solar array installations.
- The company’s 2025 greenhouse gas emissions reduction targets (Scope 1 and Scope 2) will result in a continued commitment to support the urgent transition to a low-carbon economy.
- The company is actively promoting inclusion and diversity among its partners, customers and suppliers. A growing number of diverse executives have strengthened the company’s leadership team, with strong internal development programs and ongoing recruiting efforts to expand representation. Launched in May 2021, The Travelers Pledge is the company’s code of conduct for owners, members and guests that enables resort groups to provide great vacation experiences in a safe, inclusive and welcoming environment.
- Last summer, the company launched the Travel + Leisure Charitable Foundation and launched the Travel + Leisure Eatonville Scholarship Program in partnership with the Orange County School Board. Donated to communities in 2021.
“As we pass the two-year mark of the global Covid-19 pandemic, I am pleased to see travel and leisure recovery as priorities. Increasing tourism needs to be done responsibly, said Michael D. Brown, president and CEO of Travel + Leisure. “We are proud of our ability to positively impact the travel industry through responsible tourism while contributing to our environmental, social and governance strategy.
The company measures the most important ESG topics for its business using a four-tier approach to identify internal resources, industry and peers, international reporting frameworks including GRI, SASB and TCFD, and several ESG rating and rating agencies. The ESG team aligns the company’s priorities with industry-leading associations such as the Global Tourism Partnership and the World Travel and Tourism Council.
To view the 2021-2022 Travel + Leisure Company ESG Report and learn more about the Full Circle ESG Program, please click here.
About Travel + Entertainment Company
Travel + Leisure Co. (NYSE:TNL) is the world’s leading membership and leisure travel company with nearly 20 travel brands across its resort, travel club and lifestyle brands. The company provides amazing vacation experiences and travel inspiration to millions of owners, members and subscribers each year through its products and services: Wyndham Destinations, the largest vacation ownership company with more than 245 Vacation Club resort locations worldwide. Panorama, the world’s leading membership travel business, includes the largest vacation exchange company and subscription travel brands; and the Travel + Entertainment Group, which offers premium travel content and travel services, including the brand’s iconic Travel Club. At Travel + Leisure Co., our global team of associates brings hospitality to millions of people each year, turning vacation inspiration into unique travel experiences. We put the world to rest. Learn more at travelandleisureco.com.
Contacts
Investor Relations:
Christopher Agnew
Senior Vice President, FP&A and Investor Relations
(407) 626-4050
Christopher.Agnew@travelandleisure.com
Media Contact:
Melissa Landy
Public relations
(407) 341-5492
Melissa.Landy@travelandleisure.com
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