Sustainability and Environment Development

Question: Discuss about the Sustainability and Environment Development. Answer: Introduction Sustainable development is a holistic approach that is mostly based on an uncomplicated principle. Sustainable development is described as the type of development that meets the requirements of the present generation without compromising the capability of the future generation. The key aim of sustainable development is to secure environmental, economic, and community engagement strategies. It helps to bring rapid expansion of good living and travel. Most of the visitors of Hyatt appreciate prospects in order to make sustainable choices while traveling. There are several major global existing hotels that have incorporated sustainable development in their approach and have based their approach around Sustainable Development. The Sustainable Development is not considered as a dream of any political party that contempt capitalism and deems it to be evil (Pearce, Barbier Markandya, 2013). Hyatt Hotels Corporation is a leading international global hospitality company that is headquartered in Chicago. Thousands of associates of the Hyatt family unit endeavor to make a difference in the lives of the visitors they come across daily by offering genuine hospitality. In order to improve the long-term viability of local ecosystems, it is imperative to promote ecotourism to promote sustainable tourism (Chathoth, 2016). Main Body Hyatt is mostly committed to investigating how its hotel supply, devour as well as manage natural resources in order to serve their visitors. The existing global hotel in Australia mainly looks into the fact how to identify methods for hotels of Hyatt to diminish consumption of energy as well as emission of greenhouse gases. The mission statement of the company is to care for the guests and to listen and meet the requirements of the colleagues. They believe that being their best will help the company to be their best. The share set of values of Hyatt redefines their culture, respect, empathy as well as creativity. The main objective of Hyatt is to reduce the GHG emission at their administered hotels by 25 percent per square meters by the year 2020. However, this requires to executed without having a negative impact on the guests. It is important to shift to cleaner and renewable sources of energy by encouraging the people related to the hotel to find innovative solution that can be s hared across the operation (Huaman Jun, 2014). In order to improve the sustainability of its environment, it is very imperative to use resources thoughtfully. As a result, it requires consuming less amount of water as well as producing less waste that will in turn make more environmentally conscientious acquiring choices. As per the reports, Hyatt has set the objective to diminish the usage of water per visitor night by 25 percent. Hyatt also requires to implement energy reduction projects that will help to reduce GHG emission by 20,000 metric tonnes of carbon dioxide corresponding (CO2e) annually. The collision of these efforts is eminent and toughened by operational best practices. Some sustainable and well-organized design components should be incorporated that will help to bring development of the hotel. The individuals of the hotel should also be educated regarding the reduction of energy in their day-to-day work (Pugh, 2014). Energy can be saved by making the use of waste heat that is recovered from the system of central air conditioning in order to heat water for the pool. As per the reports, with the help of this Hyatt will be able to save an estimate of 40,000 kWh each year. The conversation of water is also an imperative way by which sustainability can be accomplished. The availability of clean water is imperative for hospitality industry mostly for the human beings and the ecosystem is also indispensable for the long-term feasibility of our communities. This also helps to maintain the health of the neighbors and their well-being. It is important to recycle water as much as possible and to encourage the members to innovative water-efficiency techniques. The focus requires to be increased on the audits of both energy and water (Worrell, Kermeli Galitsky, 2013). The sustainability of its environment can also be improved by working directly with the stakeholders to raise the focus on generating more effectual as well environmentally cognizant hotels across the venture. Climatic change has the probability to affect the ecosystems seriously, on which all the local communities depend. It is imperative to track the consumption of water and energy as climatic changes also impacts the trades directly destroying leisure activities that involves skiing. As a result, Hyatt requires to enhance efficiency of energy as well as carbon footprint that is essential for economic and moral imperative. This will help to meet the priorities of the business that includes increase of profitability as well as building of brands (Thornton et al., 2014). It is also expected that Hyatt will follow improved sustainable design guidelines for the construction of its new projects. Hyatt will guide this initiative for all new construction as well as major renewal projects for completely owned complete service hotels and resorts achieved under LEED certification, or a corresponding certification. It is also claimed that financial savings are also part of the sustainability of the environment. This is mostly clear for hotel businesses that function in an extremely competitive market and where the cost of energy, water and waste removal are elevated. As a result, in order to gain sustainable development it is very important to maximize efficiency because the hotel operators that can maximize competence as well as diminish waste will be more cost-effective as compared to their competitors. Hence, in order to reduce cost, Hyatt requires to make the installation of low flow showerheads as well as valve aerators that will help to reduce wastage o f water. It also requires reducing the unsustainable demand on local water resources. An in-room energy management system is also required that will help to reduce the consumption of energy. The energy management system automatically monitors as well as adjusts individual room temperatures with the help of its sensor (Lechner, 2014). Tracking efficacy bills can help properties scrutinize the efficiency of their energy maintenance initiatives. Hyatt will be able to produce cost-savings on their monthly utility bills by installing energy-friendly technologies that includes appliances, lighting as well as heating and cooling systems. Hyatt can also accomplish sustainable development by following the footstep of Otani that is located in Japan. Otani installed an innovative air conditioning as well as a kitchen system with the help of which it achieved 14 percent savings in energy and 30 percent reduction on emission of carbon. The water savings initiative is very important as the water tables are diminishing and the underground aquifers are being exhausted (Dell et al., 2014). It is estimated by the World Bank that the total amount of solid waste management will cost $376 billion by the year 2025. This will lead to more rigorous increase in low-income countries. It is recognized that the management of waste is an international problem with environmental and economic impacts on the communities in which individuals function. Hyatt requires to find prospects to make use of those resources efficiently that is sends to landfills, in order to diminish waste management. If this policy is followed, sustainable development will be accomplished (Yuan, 2013). It is also imperative to improve the sustainability of its economic strategies. This can be achieved with the help of global procurement practices. This will provide the opportunity to bring change across the value chain of the hotel. The demand for responsible supply chain practices will be strengthened with the help of these practices. Hyatt requires to provide the visitors with more sustainable commodities. A broad range of commodities and services requires to be procured in order to generate as well as operate the hotels. Strategic approaches should be undertaken that will help to improve the sustainability of the purchases. As a result, it is required to focus on the areas where Hyatt expends the more (Epstein Buhovac, 2014). It is imperative to launch an international food and beverage philosophy that mostly focuses on vigorous and sustainable food. This will also help to lead to sustainable development as vigorous and sustainable food is healthy for the guests. This philosophy is incorporated by most of the existing hotels worldwide. Sustainable and organic food is very important as it supports the commitment to advance the health and welfare of the guests ad communities. As a result, environmental footprint gets reduced that mostly includes emission of greenhouse gases as well as wastage of water consumption. There are few dishes that also require to be removed from the menu in order to achieve sustainable development. One of the that require to get removed is shark fin. Instead, they require add green label to their menus to increase the sustainability. Hotels are mostly in a good position to share the objectives of sustainable development in their dealings with several suppliers (Ciegis, Ramanauskien e Martinkus, 2015). Hotels mostly have the ability to purchase in bulk in order to influence the supplier to supply less packaging and make use of more environmentally friendly materials. Most of the countries such as Australia require suppliers to take back as well as recycle and reuse their packaging waste. It is important for Hyatt to reduce the generation of risky waste by purchasing environment-friendly goods. The negative impact on the environment can also be reduced by purchasing all items from local. The ingredients that are used while making food should mostly be organic or less purchased locally. Purchasing locally is also crucial as enables local communities to benefit from tourism. On the other hand, purchasing from local suppliers helps facilitate the money spent to stay within the area. As a result, the local community is promoted. As per the reports, it is found that Hyatt follows a responsible purchasing practice that mostly includes the packaging of shampoo as well as body lotion in bot tles that are made of recycled plastic. Beside this, the hotel also requires to make the use of 100 percent recycled carpets that in turn will provide sustainably sourced menu. It requires to work with the suppliers to advance the sustainability of the products in order to conserve energy and raise the diversion of waste (Bass Dalal-Clayton, 2012). The workers who are associated with Hyatt are recognized as the greatest benefits of going green. Workers such as hotel guests are becoming more and more sophisticated and they are also tuned into present thinking in society. It requires to get committed to the improvement of its local sourcing of goods as well as rising sustainable cleaning at its hotels as well as facilities. It should also enlarge the education as well as personal enhancement programs for workers as well as their family members (Han, Zhang Guo, 2014). Corporate community engagement on the other hand represents the involvement of the corporate community. In other words, a firm undertakes activities in order to enhance relationships as well as to contribute to the welfare of the communities. It is imperative for Hyatt to make all the industry partners aware about the policy of the hotel. Customers, stakeholders as well as workers use corporate engagement in order to measure the performance of the company. With the help of this, Hyatt will be able to demonstrate strong values and a commitment to the community and it will enjoy an enhanced reputation (Dare, Schirmer Vanclay, 2014). The economic advantages that are generated from the tourism industry will be spread throughout the group of people as well as clients. By maintaining a good relationship with the tourism industry, Hyatt will be able to provide its guests with the experience of new places that will lead to a direct interaction between the host communities and the local environment. With the help of tourism, the individuals will become more aware about the issues related to the environment. This will in turn provides increasing source of opportunities for the development of the enterprise leads to creation of more employment. It will also bring substantial economic value to natural and cultural resources. The concept of sustainable development requires to be incorporated into the policies as well as procedures of a business if it is to follow principles related to sustainable development. However, it does not indicate that new management techniques require to be invented. However, it requires a new cultural orientation as well as widespread refinements to systems as well as procedures. Hyatt requires to provide a larger accountability to non-traditional stakeholders as well as it should make sure a continuous enhancement of reporting practices (Ciegis, Ramanauskiene Martinkus, 2015). It is important to develop an effectual management structure for sustainable development programs that involves both governance as well as well as decision-making. The concept of sustainable development requires to be integrated both into trade planning as well as management information. Governance is important due to increasing responsibility of the corporation as well as its senior management. On the other hand, decision-making is imperative as it helps to become responsiveness towards the issues arising from sustainable development (Escrig?Olmedo et al., 2015). It is important to perform a stakeholder analysis to enhance relationships with the local community of legitimate stakeholders. A stakeholder analysis helps to recognize all the parties that are affected both directly and indirectly by the procedures of the enterprise. It will help to set out the problems as well as information requirements of the stakeholders with respect to the sustainable development activities of Hyatt. The existence of Hyatt is linked directly to the global environment as well as to the society in which it is based. As a result, it requires maintaining respect for human self-respect and striving towards a society where the global environment is protected. The strategies of the company are directed principally towards earning the foremost return for shareholders as well as investors. Previously, trades were not expected to accomplish any other social or environmental objectives. Previously, in most of the industries the exploitation of natural resources was the s tandard. However, at present business enterprises in developed countries operate in a more complicated as well as more regulated surrounding. Stakeholder groups are mostly extended with the help of sustainable development by including natural resources as well as future generation. The development of the stakeholder analysis started by the identification of various groups that are affected by the activities of the business. Hyatt necessitates the requirements of their stakeholders in order to capitalize their own prospects. After the identification of the stakeholders, the management of the company should prepare a description of the requirements as well as expectation that are contained by the group. The development of the statements of requirements as well as anticipation requires dialogue that is required by every group of stakeholders. There is several conflicting expectation that are revealed with the help of stakeholder analysis. With the help of this analysis, the customers are likely to demand innovative as well as environmentally secure goods (De Brucker, Macharis Verbeke, 2013). Senior management is highly responsible for devising a sustainable development approach for the organization as well as establishes precise objectives. The company has build a strong relationship with its stakeholders that includes its colleagues. Hyatt mostly supports its colleagues in the development of their career with the help of robust training. They mostly seek the feedback with the help of surveys, workshops and roundtables. The team who are directly associated with Hyatt for the responsibility efforts includes Thrive Teams as well as Employee Network Groups. They also engage the leisure travelers with the help of several channels that includes social media and customer surveys. The company is also known to conduct trade reviews and react to surveys of their corporate clients. This also helps them to get engaged directly to the stakeholders. In order to enhance relationships with the local community, it is also imperative to engage the investors principally through investor m eetings as well as financial filings. By engaging with the investors, it becomes easier for the company to get information about the investors and helps them to prioritize the efforts related to corporate social responsibility that in turn contributes to the reputation of the brand as well as profitability (Cullen, Gerbasi Chrobot-Mason, 2015). Hyatt has committed to fostering a culture of inclusion across the organization as well as within leadership enhancement. It is imperative to place direct pressure on fragile ecosystems leading to degradation of the physical environment and disruption to wildlife. It is important to make optimal use of environmental resources that comprises a major element in the development of tourism. Sustainable development related to tourism requires the informed participation of all pertinent stakeholders. The achievement of sustainable development is a continuous procedure, as it requires constant monitoring of impacts (Shekhawat et al., 2014). Conclusion It can be concluded that the key objective of Hyatt is to help the company converse its charitable, environmental, and group of people engagement proposals, and to situate Hyatt to focus on as well as coherent the value it brings as a worldwide company to the various communities it serves. The conversation of water is also an imperative way by which sustainability can be accomplished. Product labels as well as packaging also help the hospitality industry to accomplish sustainable development. In order to gain sustainable development it is very important to maximize efficiency because the hotel operators that can maximize competence as well as diminish waste will be more cost-effective as compared to their competitors. Sustainable tourism is generally not taken to imply a finite state of tourism. The negative impact on the environment can also be reduced by purchasing all items from local. Recommendation It is recommended that hotel is a great environment in order to raise the consciousness related to the problems of sustainable development. It is imperative to position the hotel industry in such a way that it demonstrates sustainable development within both tourism and travel sector. They require to share a good bonding with the suppliers in order to accomplish sustainable development. References Bass, S., Dalal-Clayton, B. (2012).Sustainable development strategies: a resource book. Routledge. Chathoth, P. K. (2016). Historical evolution of hotel chains.The Routledge Handbook of Hotel Chain Management, 27. Ciegis, R., Ramanauskiene, J., Martinkus, B. (2015). The concept of sustainable development and its use for sustainability scenarios.Engineering Economics,62(2). 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