Connect with us

Business

Fox Resorts commitment to sustainability on World Tourism Day 2022

Published

on

This 27th of September, The World Tourism Organisation (UNWTO) will host World Tourism Day in Bali Indonesia under the theme ‘Rethinking Tourism’. The event is aimed at highlighting the importance of tourism as a crucial pillar of national economic development and rethinking the way in which it is delivered. The UNTWO concept note focuses on putting the world’s people and the planet first by bringing government, businesses, and local communities together around a shared vision of sustainability, inclusiveness, and resilience.Fox Resorts has always been a company with a purpose: caring deeply about guests, employees, suppliers, the environment, and the local communities in the areas surrounding our properties. Our underlying ethos is a belief in the sustainable well-being of people, society, and our planet.

In keeping with the theme of World Tourism Day and our ongoing commitment to the communities we serve, Fox Resorts looks to ensure that all regular purchases are sourced from local sellers, growers, and SMEs in the vicinity of our properties, carefully redesigning our menus to feature ever more locally grown produce and ingredients for our dishes. Throughout Fox Resorts’ properties, we have also incorporated local design elements and craft techniques to help showcase local craftsmanship.

At both of our properties, we have undertaken a commitment to minimize the use of single-use plastics: a key initiative to help achieve this is offering guests glass water bottles instead of plastic ones in each guest room. Each bottle is sanitized after each use and filled with sterilized and filtered drinking water. We strive to make sure that we minimize single-use plastics throughout our property: plastic waste that does get used is sent for recycling at local recycling plants.

“Water is one of the earth’s most valuable natural resources. To help preserve this and strive to limit wastage, we have introduced low-flow taps and showers for smart water consumption. Wastewater is collected into tanks and treated accordingly to be used to water the gardens. Signage has been placed in every room, encouraging guests to reuse linen and help reduce water consumption and pollution that stems from the use of detergents” says Christopher Berenger, General Manager of Fox Kandy.

Along with the careful use of water, Fox Resorts ensures intelligent comsumptionof energy is minimized. The property is fitted with solar panels for hot water, energy-saving bulbs are installed throughout the hotel, and guest rooms are fitted with key card master switches to ensure that power goes off once guests have left their rooms.

According to the Food and Agriculture Organisation (FAO) of the United Nations, Sri Lanka as a nation produces approximately 4,000 tonnes of food waste per day. “To mitigate this wastage, Fox Resorts employs careful planning in its sourcing and operations: garbage is segregated accordingly and disposed of responsibly. Any remaining food waste is sent to local farms for animal feed, rather than getting dumped in landfills” explains Shane Vonhagt, General Manager of Fox Jaffna.

“Fox Resorts is acutely aware that the commitment to sustainability is an ongoing one, requiring continuous improvement in processes and service delivery. As our hotels expand their operations, we pledge to also expand our implementation of solar energy systems, invest in installing rainwater-harvesting tanks, drastically reduce reliance on single-use plastics, and implement charitable initiatives supporting different local underprivileged groups and the environment by sponsoring frequent neighborhood clean ups with the provision of garbage bins, regular beach clean ups, annual sterilization campaigns for street dogs and cats, and regular Children’s Art Exhibitions, and long term support to orphanages”, says Chris Quyn, CEO of Fox Resorts, reinforcing the chain’s commitment to sustainability. “Our commitment to supporting the communities in which we operate is one of the most critical ways in which Fox Resorts strives to increase engagement and drive a better, stronger, and more sustainable future for our company and the world at large”.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Norlanka Manufacturing Trincomalee receives LEED Gold Certification

Published

on

Norlanka Manufacturing Trincomalee was recently awarded the prestigious LEED Gold Certification (Leadership in Energy and Environmental Design).Norlanka, one of Sri Lanka’s largest sustainable exporters of baby and kidswear, has an extensive ESG (Environmental/Social/Governance) strategy and understands the responsibility it has concerning the future of a sustainable apparel industry. Therefore, ethical sourcing, in particular working with responsible supply chain partners has been a critical operational necessity.

The LEED certification is a globally recognized symbol of sustainability achievement, and it is backed by an entire industry of committed organizations and individuals paving the way for market transformation. It’s awarded for projects that have earned points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Buildings consume energy and resources at an alarming rate, therefore the LEED rating system is the most widely used green building rating system, as it provides a framework for healthy, efficient, carbon and cost-saving green buildings.

LEED takes multiple areas into account with varying sub-criteria when certifying a building such as location, transportation, sustainability of the site, construction, water efficiency, energy and atmosphere, materials and resource, waste management, indoor environment quality, innovations and more.

Chief Innovation Officer of Norlanka, Buddhi Paranamana stated, “This LEED Gold certification is a testament to our constant drive to improve our sustainability efforts. This award marks yet another milestone in Norlanka’s journey towards becoming carbon neutral by 2025. Since 2010 we’ve constantly been learning how to do things in a more sustainable way. I would like to congratulate our team for obtaining this certification. It showcases dedication towards achieving sustainable excellence while achieving our goals and providing customers with high-quality products.”

Continue Reading

Business

People’s Bank celebrates 75 years of Independence by offering gifts to newborns

Published

on

People’s Bank celebrated Sri Lanka’s 75thNational Independence at a modest ceremony held at their Head Office which was followed by a series of island wide initiatives.People’s Bank’s ‘Birth of Freedom’ programme which commences on every Independence Day was carried out this year as well. Under this concept, People’s Bank gifts Rs.2,000/- worth of an ‘IsuruUdana’ Gift Certificate to every baby born between the 1st and 14th of February.

People’s Bank launched this programme in 2006 with the vision of instilling national pride and encouraging parents to plan for their children’s future. Parents can open an ‘Isuru Udana’ Children’s Savings Account at any People’s Bank Branch using the Gift Certificate.

Director of the Castle Street Maternity Hospital Dr. Ajith Danthanarayana, Director of De Soysa Hospital for Women in Borella Dr. Pradeep Wijesinghe, People’s Bank Senior Deputy General Manager (TB & OCS) Rohan Pathirage, Deputy General Manager (Retail Banking) Renuka Jayasinghe, Deputy General Manager (Strategic Planning, Performance Management & Research) Jayanthi Kurukulasooriya, Deputy General Manager (Risk Management) Roshini Wijerathna, Deputy General Manager (Banking Support Services) Nipunika Wijayaratne, Deputy General Manager (Channel Management) T.M.W Chandrakumara, Head of Marketing Nalaka Wijayawardana, Assistant General Manager (Retail Banking) Nalin Pathiranage, Assistant General Manager (Human Resources) Manjula Dissanayake, Colombo North Regional Manager S.L.M.A.S Samarathunga, Colombo South Regional Manager M.S Kanakka Hewage, Borella Branch Manager W.A.N Udayangani, Town Hall Branch Manager Tiral Pradeep, Deputy Director of De Soysa Hospital for Women in Borella, Dr. K.M Nihal, Administrative Officer of Castle Street Hospital for Women S.M.T.A.R. Bandara, Nursing officers along with hospital staff were also present at the event.In line with the above all People’s Bank branches across the country initiated ‘Nidahase Upatha’ activities island wide.

Continue Reading

Business

SL bondholders ready for debt restructuring talks with authorities– with conditions

Published

on

Sri Lanka’s bondholders have told the International Monetary Fund (IMF) that they are prepared to engage with Sri Lankan authorities in debt restructuring talks consistent with the parameters of the global lender’s program.The Ad Hoc Group of Sri Lanka bondholders conveyed its stance in a letter directed to IMF Managing Director Kristalina Georgieva on Friday (Feb. 03).

“The Bondholder Group through its Steering Committee stands ready to engage quickly and effectively with the Sri Lankan authorities to design and implement restructuring terms that would help Sri Lanka restore debt sustainability and allow the country to re-gain access to the international capital markets during the IMF Programme period.”

The Bondholder Group acknowledged the Sri Lankan authorities’ engagement with their official creditors towards a resolution of the current crisis and restoration of debt sustainability.

The Bondholder Group further acknowledged that such engagement has recently resulted in the Indian government delivering letters of financing assurances to the IMF, committing to support Sri Lanka and contribute to its efforts to restore debt sustainability by providing debt relief and financing consistent with the IMF Extended Fund Facility Arrangement and the IMF Programme targets indicated in the India’s letter to the global lender.

Sri Lanka Bondholder Group Letter to IMF stated:

Based on the limited information available to us at this time, including information contained in the India Letter, we understand that the IMF Programme’s debt sustainability targets are identified as (i) reducing the ratio of public debt to GDP to 95% by 2032, (ii) limiting the central government’s annual gross financing needs to GDP ratio to 13% in the period between 2027 and 2032, and central government annual foreign currency debt service at 4.5% of GDP in every year between 2027 and 2032 and (iii) closing of the external financing gap.

The Bondholder Group hereby confirms it is prepared to engage, through its Steering Committee, with the Sri Lankan authorities in restructuring negotiations consistent with the parameters of an IMF Programme and the targets specified therein (the “IMF Programme Targets”), which the Bondholder Group understands to be the targets identified in the India Letter; it being recognized that these negotiations will necessarily be further informed by the receipt of the forthcoming DSA. We would note that the finalization of an agreement will also be subject to the satisfaction of the following conditions:

The central government’s domestic debt – defined as debt governed by local law – is reorganized in a manner that both ensures debt sustainability and safeguards financial stability. Assuming that annual gross financing needs should not exceed 13% of GDP in the period between 2027 and 2032, whilst allowing for central government annual foreign currency debt service to reach 4.5% of GDP in every year between 2027 and 2032, domestic gross financing should therefore be limited at 8.5% of GDP for the period 2027-2032.

Continue Reading

Trending