Travel + Leisure Co. renews its commitment to responsible tourism with the publication of the new ESG report

Travel + Leisure Co. renews its commitment to responsible tourism with the publication of the new ESG report

ORLANDO, Florida – (COMMERCIAL LINE) – Travel + Leisure Co. (NYSE: TNL), the world’s leading leisure travel and membership company, recently released its 2021-2022 Environmental, Social, and Governance (ESG) report. The report details the progress made over the past year on key corporate social responsibility priorities and commitments, highlighting the company’s strategy to positively impact the world through responsible tourism.

As a leader in the global leisure travel industry, Travel + Leisure Co. has further refined its approach to proactively advancing environmental, social and governance standards across its business. In its 2021-2022 ESG Report, the company shares its progress towards environmental and social objectives and governance, activated through the ESG Travel + Leisure Co. Full Circle program. Some key areas of interest include:

  • Through its WYND Green certification program, the company’s vacation ownership business continues to implement efficiency projects and explore reusable energy consumption at its resorts. In 2021, an agreement was made for an off-site community solar program in Portland, Oregon, and two resorts were prepared for solar panel installations.

  • Advances towards the company’s 2025 greenhouse gas reduction target (Scope 1 and Scope 2) drive an ongoing commitment to support an urgent transition to a low-carbon economy.

  • The company is actively strengthening inclusion and diversity among its associates, customers and suppliers. A growing number of diverse executives have strengthened the company’s leadership team, with robust internal development programs and ongoing recruiting efforts driving wider representation. Launched in May 2021, Traveller’s Pledge is the company’s Code of Conduct for its owners, members and guests that allows resort teams to deliver fantastic vacation experiences in a safe, inclusive and welcoming environment.

  • Last summer, the company launched the Travel + Leisure Charitable Foundation and initiated the Travel + Leisure Eatonville Scholarship Program in partnership with the Orange County, Florida School Board. Through corporate, in-kind and associated donations, over $ 1.1 million was donated to communities in 2021.

“As we move past two years of the global COVID-19 pandemic, I am delighted to see resuming travel and vacations as a priority. As tourism increases comes the need to act responsibly, “said Michael D. Brown, president and CEO of Travel + Leisure Co.” We are proud of our ability to positively impact the travel industry through a responsible tourism while respecting our environment, social and governance strategy “.

The company compared the ESG topics most relevant to its business using a four-step approach to identify common themes across internal resources, industry and peers, global reporting frameworks including GRI, SASB and TCFD, and several rating and ranking agencies ESG. The ESG team also aligned the company’s priorities with industry-leading associations such as the International Tourism Partnership and the World Travel and Tourism Council.

To view Travel + Leisure Co.’s ESG report 2021-2022 and learn more about the Full Circle ESG program, click here.

About Travel + Leisure Co.

Travel + Leisure Co. (NYSE: TNL) is the world’s leading leisure travel and affiliate company, with nearly 20 travel brands in its portfolio of resorts, travel and lifestyle clubs. The company delivers exceptional 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 over 245 vacation club resort locations in Worldwide; Panorama, the world’s largest subscription travel company that includes the largest vacation exchange company and travel subscription brands; and Travel + Leisure Group, featuring the best travel content and travel services including the brand’s travel club of the same name. At Travel + Leisure Co., our global team of associates offers hospitality to millions of people every year, turning vacation inspiration into exceptional travel experiences. Let’s put the world on vacation. Find out more at travelandleisureco.com.

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