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Indian Hotels Company to reduce water intensity by 5% within two years

06 Jun 2019 Evaluate

The Indian Hotels Company (IHCL) has made an initiative to reduce overall water intensity by 5% within the next two years across all its hotels. EarthCheck, the world’s leading scientific benchmarking and certification group will conduct a monthly audit to monitor IHCL’s sustainability practices and progress. 

The company has also launched a Water SMART contest wherein all hotels will participate to initiate a water intensity reduction project for three months and the model of the winning hotel / hotels will be scaled across all hotels as a best practice.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, mid-market and value segments of the market.

Peers
Company Name CMP
The Indian Hotels Co 743.00
ITC Hotels 161.90
Mahindra Holi.&Resor 202.00
EIH 301.50
Chalet Hotels 886.35
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