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Indian Hotels Company, IFC make strides in-eco-friendly hospitality

03 Jan 2024 Evaluate

Indian Hotels Company (IHCL) has successfully completed nine pioneering pilot projects in collaboration with IFC’s TechEmerge Sustainable Cooling Innovation Program, within a short span of 18 months. This underscores the company’s unwavering commitment to fostering environmentally responsible practices to bring efficient, climate-smart, cost-effective cooling solutions to India's hospitality sector.

IHCL with Paathya, its comprehensive ESG+ platform, is committed to driving sustainability and social impact measures. The rigorous testing of nine innovative cooling solutions has allowed the company to validate their real-world performance. The implementation of these pilots across its portfolio has the potential to result in savings of up to $18.2 million and a substantial annual reduction of 108,000 tCO2 emissions. 

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, midmarket and value segments of the market.


Peers
Company Name CMP
The Indian Hotels Co 732.25
ITC Hotels 158.85
Mahindra Holi.&Resor 198.85
EIH 318.00
Chalet Hotels 867.45
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