Subject category:
Economics, Politics and Business Environment
Published by:
International Institute for Management Development (IMD)
Version: 07.12.2009
Length: 8 pages
Data source: Field research
Notes: Click here to access the video This item is part of a free case collection. For terms & conditions go to www.thecasecentre.org/freecaseterms
Abstract
The case demonstrates the potential companies have to drive innovation in order to reach ambitious CO2 reduction targets. It documents Fairmont's efforts under WWF International's Climate Savers initiative. Climate Savers is a platform to transform business and industry into pioneers on climate and energy solutions. The case focuses on actions taken by Fairmont during the full restoration of The Savoy in London and the building of the new Fairmont Pittsburgh in the US. It shows the feasibility of stretching targets for lowering CO2 emissions from hotel operations and provides a framework for discussions around the challenges of aligning portfolio growth with the smooth roll-out of energy and carbon management programs. A video 'Let the Clean Economy Begin' is available to view on the Climate Savers website at www.vimeo.com/12276304. This case is part of the IMD free case collection (visit www.thecasecentre.org/imdfreecases. for more information on the collection).
Location:
Industry:
Size:
30,000 employees, portfolio of 56 luxury hotels and resorts
Other setting(s):
2007-2009
About
Abstract
The case demonstrates the potential companies have to drive innovation in order to reach ambitious CO2 reduction targets. It documents Fairmont's efforts under WWF International's Climate Savers initiative. Climate Savers is a platform to transform business and industry into pioneers on climate and energy solutions. The case focuses on actions taken by Fairmont during the full restoration of The Savoy in London and the building of the new Fairmont Pittsburgh in the US. It shows the feasibility of stretching targets for lowering CO2 emissions from hotel operations and provides a framework for discussions around the challenges of aligning portfolio growth with the smooth roll-out of energy and carbon management programs. A video 'Let the Clean Economy Begin' is available to view on the Climate Savers website at www.vimeo.com/12276304. This case is part of the IMD free case collection (visit www.thecasecentre.org/imdfreecases. for more information on the collection).
Settings
Location:
Industry:
Size:
30,000 employees, portfolio of 56 luxury hotels and resorts
Other setting(s):
2007-2009