Take Climate Action

Our Approach

Adopting renewable energy is a crucial part of Banyan Group’s climate action strategy. To align ourselves with the Science Based Targets Initiative (SBTi), we updated our Greenhouse Gas (GHG) baseline from 2019 to 2022, expanded our carbon emissions measurements beyond hotels owned and managed by us to include non-hotel operations, and have included Scope 3 emissions.

Our Target

Based on our 2022 baseline, we set the target to achieve:

42% reduction in emissions by 2030

Our Progress

We continue to identify and implement resource conservation initiatives across different regions. In 2024, with the shift to more renewable energy, energy-efficient systems and equipment, as well as energy monitoring, among other initiatives, we were able to achieve:

5.7% decrease in emission intensity per occupied room
23.1% reduction in total emissions (property sales)
3% decrease in electricity intensity

Our Stories

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Reducing Our Carbon Footprint

In 2024, Cassia Phuket installed 716 solar panels, which now supply approximately 30% of the electricity consumed by the hotel’s operations, signifcantly reducing its reliance on non-renewable energy sources.

In another step towards reducing its carbon footprint, the hotel lowered energy consumption for air-conditioning by more than 20% by upgrading its room control units to incorporate occupancy sensors. The sensors detect the absence of guests in the room and automatically switch the air-conditioning to energy-saving mode, even if a guest exits the room and leaves their keycard in the keytag.

Energecy Efficiency Assessment

In line with Banyan Group’s push to improve energy effciency, Banyan Tree Phuket conducted a comprehensive energy audit. The assessment identifed initiatives that could be implemented without incurring high costs.

One of these involved simply adding a timer control to the pumps at all 218 villa pools. This yielded a more than 5% reduction in overall electricity consumption compared to when the pumps ran 24/7, with no adverse impact on pool water quality.

Solar Power for Energy Needs

In the Maldives, solar power now meets 5% of Banyan Tree Vabbinfaru’s energy needs, reducing reliance on diesel generators. Solar panels are also helping to reduce emissions at Dhawa Ihuru and Angsana Velavaru.

Upgrading for Energy Effeciency

In 2024, Angsana Zhuhai Phoenix Bay replaced its central air-conditioning unit with a new one that uses maglev technology. Operating under the same climate and occupancy conditions, the new system has proven to be 20% more energy-efficient than the original unit.

Next Steps

We acknowledge that the challenges around climate change and decarbonisation are becoming increasingly acute. Our foundational efforts in decarbonisation, whilst positive, now need to evolve into a more ambitious, long-term strategy to achieve deep carbon reductions across all aspects of our operations.

In 2025 and beyond, we will:

Expand renewable energy adoption and continue to focus on high-impact, cost-effective decarbonisation projects that we have identifed via a marginal abatement cost curve (MACC) analysis.

Continue to focus on Scope 3 decarbonisation by integrating low-carbon procurement, sustainable supply chains, and responsible sourcing into our broader Group sustainability strategy.

Refine and deepen our climate risk assessments, scenario planning, and carbon reporting practices to ensure that decarbonisation is embedded in financial and operational decision-making.

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Reduce Waste

With global waste projected to increase by 70% by 2050, adopting a circular economy and addressing food loss and waste is a matter of urgency. We strive to minimise the waste our operations generate while maximising composting, recycling and reuse. Being responsible stewards of our destinations, we also support community waste management efforts.

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Conserve Water

Water is a precious resource and safeguarding it for local communities is our priority. We are therefore committed to using water efficiently, and capturing and recycling as much of it as we can.

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Respect Biodiversity

How we choose our locations, design, build, and operate our business all have the potential to impact nature. We are determined to make our impact a positive one, especially on the land and sea surrounding our hotels and resorts.

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Uplift Communities

Our host communities share their culture, craft, and spirit with our guests—so we give back through volunteering, charitable giving, and community programmes that build strong individuals.

Our focus on 3 Es—Education, Engagement, and Employment—helps us maximise our impact on local communities and support disadvantaged groups.

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Support Wellbeing and Development

We believe that when our associates are well cared for, they in turn can care for our guests. So we take measures to ensure that our work environment is nurturing, inclusive and supportive.

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Promote Diversity, Equity and Inclusion

We are committed to fostering a culture of inclusion and championing the importance of diversity—creating opportunities for our associates, guests, and host communities to thrive as their authentic selves.

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