Governance

Governance

A global outlook

The governance of our properties establishes standards across our global operations. Through programs such as EarthCheck Certified, participating properties integrate operational management systems into their daily activities to monitor energy, water, and waste performance. Kempinski aligns its governance policies with international standards covering human rights, labor practices, environmental standards, and anti-corruption.

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Supply chain

Our suppliers and partners play one of the most important roles in upholding Kempinski’s reputation for excellence through our relationships with guests, associates, business partners, investors, contractors and other stakeholders. We want to do business with companies that share similar values and we want to develop relationships with suppliers that are ready to collaborate with us in order to reach our sustainability target.

The Supplier Code sets forth the standards and guidelines that we expect our suppliers to uphold and that are applicable to all Kempinski employees in our global operation.

Managing our sustainability footprint

ESG report meetings are held on a quarterly basis. During these updates, members of the Sustainability Committee report on the overall progress of all material ESG activities. The Management Board relays information to the Supervisory Board and to its committees on a quarterly basis.

Executive updates are conducted to review material ESG activities and operational reporting. We work with professional partners to monitor operational risks and implement tactical property-level initiatives, including single-use plastic reduction efforts and water conservation protocols across our hotel portfolio.

We also incorporate guidance of the World Economic Forum’s four Pillars of ESG when evaluating material impacts for our organisation.

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Anti-corruption and ethics

Aligned with our approach to mitigate the risk of corruption, Kempinski also seeks to protect the ethical operation and management of its hotels. Our priority is to focus on prevention, but also to facilitate remedies for ethical issues. Our Supervisory Board demonstrate their authentic intent to mitigate the risks of unethical behaviour and foster an authentic desire for us to be known as a company that seeks to advance diversity, inclusion and belonging at every level.

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