ESG and Hospitality: An Evolving Sustainability Context

This article discusses the importance of understanding the relationship between sustainability and hospitality in the current global context, which is characterized by a convergence of global risks linked to climate change and biodiversity collapse. The hospitality industry operates in a volatile, uncertain, complex and ambiguous environment, which makes it difficult to devise a resilient path that considers environmental, social and governance risks. In his article, Professor Willy Legrand argues that it is crucial for business leaders to understand both sides of sustainability and hospitality and build connections between them. This means considering global goals and initiatives, as well as national and supranational guidelines and legislations that affect a business's ESG reporting strategy. By taking a holistic approach, the hospitality industry has the opportunity to advance sustainability overall.