Posted inBusiness

Chalet Hotels Limited Elevates Sustainability Performance

Achieves top ranking in Dow Jones Sustainability Index

Chalet Hotels Limited (CHL) announces its enhanced sustainability performance as reflected in the latest Dow Jones Sustainability Index (DJSI) scores. With an overall score of 57 out of 100 (CSA Score Date: 16/02/2024), CHL marked a significant improvement of 43 points in the 2023 S&P Global Corporate Sustainability Assessment, reflecting an improvement of 14 points over the last one year.

Chalet Hotels Limited has demonstrated remarkable progress across all three dimensions of sustainability – environment, social, and governance. The Corporate Sustainability Assessment Results showcases CHL’s commendable achievement with notable growth in each dimension: governance and economic (54, +3), environmental (54, +15), and social (62, +21). In the specific category of TRT hotels, resorts, and cruise lines, CHL stood out because of its performance among 82 participating companies. It secured 8th position in the assessed industry group, 8th position in the environment dimension and 6th position in the social dimension.

The Dow Jones Sustainability™ World Index, representing the top 10% of the largest 2,500 companies based on long-term economic, environmental and social criteria, acknowledges CHL’s leadership in global sustainability efforts.

Commenting on this achievement, Sanjay Sethi, managing director and CEO of Chalet Hotels Limited, stated, “We are very pleased with our improved performance in the Dow Jones Sustainability Index, reflecting our unwavering commitment towards sustainable growth and business efficiencies. This recognition emphasizes our dedication to a comprehensive ESG approach. As we look ahead, this will remain our focus and continue to drive our success at Chalet Hotels.”  

Grand Jury meet
(Top L-R): Manoj Bhat, MD & CEO, Mahindra Holidays; Jatin Khanna, CEO, Sarovar Hotels & Resorts; Ranjit Batra, President, Hospitality, Panchshil Realty; Sanjay Sethi, CEO & MD, Chalet Hotels; Satyen Jain, CEO, Pride Hotels; Gaurav Pokhariyal, EVP, Human Resources, IHCL (Bottom L-R): Sonica Malhotra, Joint MD, MBD Group; Zubin Saxena, Senior VP & Country Head - India, Hilton; Souvagya Mohapatra, MD (India, Sri Lanka, Nepal, Bhutan), Atmosphere Hotels & Resorts; Ranju Alex, Area VP - South Asia, Marriott International; Sanju Soni, Senior VP, Oberoi Hotels & Resorts; Chef Rakesh Sethi, Corporate Executive Chef, Operations, South Asia, Radisson Hotel Group; Vikram Cotah, CEO, GRT Hotels & Resorts; Vikramjit Singh, Chairman & MD, Alivaa Hotels & Resorts
Posted inEvents

Hotelier India Awards 2024: The Grand Jury Meet