PPHE joins the Zero Carbon Forum
PPHE Hotel Group, owner, developer and operator of £1.8 billion of international hotel assets, is pleased to announce that it has taken another major step towards achieving its net zero status by partnering at the Zero Carbon Forum.
Zero Carbon Forum is a non-profit organization, enabling members to achieve sustainability goals more quickly, efficiently and profitably as part of a united effort. With defined roadmaps backed by peers, government and leading sustainability experts, together it helps hospitality organizations of all sizes move at pace towards a net zero future.
With external and internal support, including from the forum, PPHE Hotel Group will develop its net zero strategy during this year. The forum will share its knowledge, ideas, innovations and best practices to help the company in its goals of providing a long-term sustainable model.
As a hotel property owner and operator that develops, owns and manages many of its properties, PPHE is in a unique position when it comes to integrating sustainability into its business, from the point of development to its day-to-day operations. Other recent environmental initiatives launched or supported by the Group include Carbon Negative Meetings in partnership with Radisson Hotel Group, reducing water consumption and recycling more.
With now nearly 40 members and a membership base that has doubled in 12 months, PPHE Hotel Group is the latest and second hotel group to join the forum. Through collective action and tools such as its freely available net zero roadmap, the forum’s mission is for the hospitality industry to achieve its goals much sooner, eliminate operational emissions by 2030 and reach net zero in all supply chains by 2040.
Inbar Zilberman, Chief Corporate and Legal Officer at PPHE Hotel Group said: “Joining the Zero Carbon Forum is another positive step in our commitment to achieving net zero status. Last year, we formed a new ESG committee to help set carbon reduction targets, launched our climate-related financial reporting task force for the first time, and made our hotels UK-owned and managed. United Kingdom, the Netherlands and Germany entirely dependent on electricity. generated from 100% renewable sources.”
“Now, with guidance from the forum, we will be able to define a strategy that sets manageable goals, reduces our carbon footprint and makes our business ever more sustainable.”
Mark Chapman, CEO of Zero Carbon Forum, said: “We have to act now and at the pace. It’s great to have PPHE on the forum so that together we can play a part in building a zero carbon world. Partnerships are essential to this mission, to strengthen our strategic approach in helping organizations achieve net zero in their own operations and in their value chains, and well ahead of the government’s 2050 target.
About the Zero Carbon Forum
The Zero Carbon Forum is a non-profit organization that builds on 10 years of working together to reduce carbon emissions in the UK hospitality sector. It enables members to achieve their decarbonization goals faster, more efficiently and at lower cost than acting alone.
The Forum will publish a publicly available roadmap to achieve zero carbon ahead of the United Nations Climate Change Conference (COP 26) in November 2021.
Members commit to working collaboratively, sharing carbon reduction plans and initiatives. By combining expertise and resources, the forum helps identify all possible actions to decarbonize the operations of tens of thousands of outlets and their supply chains.
The Zero Carbon Forum is government endorsed and supported by trade associations UK Hospitality and the British Beer and Pub Association. Members include leading UK and global hotel organizations including Adnams, Azzurri Group, Boparan Restaurants, Brewdog, Burger King UK, Cote, Fuller’s, Greene King, InterContinental Hotels Group, JD Wetherspoon, KFC, Marston’s PLC, Mitchells & Butlers PLC (MAB), Nando’s UK and IRE, Pizza Express, Pizza Hut Restaurants UK, Revolution Bars, Shepherd-Neame Ltd, St. Austell, Stonegate, The Restaurant Group (including Wagamama), WSH and Young & Co. Brewery, PLC .
About PPHE Hotel Group
PPHE Hotel Group is an international hotel property company, with a £1.8 billion portfolio (valued in December 2021), comprised primarily of prime freehold and leasehold assets in Europe.
PPHE’s business model is highly differentiated and owns, co-owns, develops, leases, operates and franchises hospitality real estate. PPHE has a well-established track record of delivering superior net asset value growth through a disciplined and highly focused approach to capital allocation and recycling across the entire hotel asset value chain. The PPHE portfolio includes full-service upscale, upscale and lifestyle hotels in major European gateway cities and regional hubs, as well as hotels, resorts and campsites in select resort destinations. The Group’s strategy is to grow both the value of the asset portfolio and the operational hotel management platform without diluting shareholders.
PPHE Hotel Group benefits from an exclusive and perpetual license from Radisson Hotel Group, one of the largest hotel groups in the world, to develop and operate Park Plaza® branded hotels and resorts in Europe, the Middle East and Africa . In addition, PPHE Hotel Group wholly owns and operates under the art’otel® brand and its Croatian subsidiary owns and operates under the Arena Hotels & Apartments® and Arena Campsites® brands.
PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. PPHE Hotel Group also owns a majority stake in Arena Hospitality Group, whose shares are listed on the Prime Market of the Zagreb Stock Exchange.
Company Websites: www.pphe.com | www.arenahospitalitygroup.com
For reservations: www.parkplaza.com | www.artotels.com | www.arenahotels.com | www.arenacampsites.com
Executive Vice President of Business and Corporate Affairs
+31 20 717 8608
PPHE Hotel Group