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

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

Orlando, FL–(BUSINESS WIRE)–Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, recently released its 2021-2022 Environmental, Social and Governance (ESG) report. The report describes progress made on key corporate social responsibility priorities and commitments over the past year, highlighting the company’s strategy to make a positive impact on the world through responsible tourism.

As a leader in the global leisure travel industry, Travel + Leisure Co. is further refining its approach to proactively advancing environmental, social and governance standards across its business. In its 2021-2022 ESG report, the company shares its progress on the environmental and social goals and governance enabled through the Travel + Leisure Co. program. Full Circle ESG. Some key areas of focus include:

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

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

  • The company actively promotes 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 leading to expanded representation. Launched in May 2021, the Traveler’s Pledge is the company’s Code of Conduct for its owners, members and guests, which enables resort teams to deliver great 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 giving, in-kind giving and workplace giving, more than $1.1 million donated to communities in 2021.

“As we pass the two-year mark of the global COVID-19 pandemic, I am pleased to see the resurgence of travel and vacations as priorities. With the increase in tourism comes the need to act responsibly,” said Michael D. Brown, president and CEO of Travel + Leisure Co. , social and management strategy.’

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

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

About Travel + Leisure Co.

Travel + Leisure Co. (NYSE:TNL) is a leading global membership and leisure travel company, with nearly 20 travel brands across its portfolio of resorts, travel clubs and lifestyles. The company provides 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 more than 245 vacation club locations worldwide; Panorama, the world’s largest membership travel business, which includes the largest vacation exchange company and travel subscription brands; and the Travel + Leisure Group, featuring the best travel content and travel services, including the brand’s eponymous Travel Club. At Travel + Leisure Co., our global team of associates provides hospitality to millions each year, turning vacation inspiration into exceptional travel experiences. We’re taking the world on vacation. Learn more at travelandleisureco.com.

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