Banyan Tree Holdings Ltd 2021 AR2
The report outlines Banyan Tree Group's financial and operational performance for the fiscal year 2021, highlighting its transition into a phase of regenerative growth. Despite the ongoing challenges of the COVID-19 pandemic, the Group expanded its multi-brand ecosystem by launching five new brands and achieved a core operating profit of S$5.3 million. On the sustainability front, the company reduced its total energy use and greenhouse gas emissions by 24% compared to 2017 levels and decreased single-use plastic by 53%. Additionally, Banyan Tree Group advanced its commitment to responsible travel by joining the UNESCO Sustainable Travel Pledge and awarding its inaugural Greater Good Grants to support external environmental and community projects.
Company: Banyan Tree Holdings Ltd
Sector: Hospitality & food services
Country: Singapore
Year: 2021
Type: AR2
Pages: 137
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Banyan Tree Holdings Ltd
Annual Report
The report outlines Banyan Tree Group's financial and operational performance for the fiscal year 2021, highlighting its transition into a phase of regenerative growth. Despite the ongoing challenges of the COVID-19 pandemic, the Group expanded its multi-brand ecosystem by launching five new brands and achieved a core operating profit of S$5.3 million. On the sustainability front, the company reduced its total energy use and greenhouse gas emissions by 24% compared to 2017 levels and decreased single-use plastic by 53%. Additionally, Banyan Tree Group advanced its commitment to responsible travel by joining the UNESCO Sustainable Travel Pledge and awarding its inaugural Greater Good Grants to support external environmental and community projects.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees