Energy Efficiency

SHR recognizes the challenges posed by climate change that may impact the tourism industry in the long term. Therefore, we are committed to managing energy, water, and waste resources efficiently, reducing greenhouse gas emissions, and enhancing business sustainability through clear targets and key performance indicators (KPIs) to measure progress. We also strive to adapt promptly to changes, building confidence and meeting the expectations of travelers who prioritize sustainable tourism.

Targets

• Reduce greenhouse gas emissions by 5% compared to the baseline year
• Achieve carbon neutrality by 2030 (Carbon Neutral 2030)

Performance

Business Opportunities and Risks

SHR has opportunities to utilize renewable energy to reduce both costs and greenhouse gas emissions, particularly in remote areas. Efficient energy management can also attract environmentally conscious tourists and investors. The use of smart technologies and exploration of decarbonization pathways can further enhance the company’s carbon reduction efforts.

However, poor energy management poses risks to achieving greenhouse gas reduction targets and may negatively impact the company’s reputation. In addition, energy price volatility and regulatory uncertainty could increase operational costs.

Management Approach

The Company operates under international standards for energy conservation and environmental protection. It collects energy usage statistics, plans energy-saving measures, and continuously evaluates performance. Innovations and technologies are applied to enhance efficiency.

Hotels within the group that are certified under the Green Globe standard include Santiburi Koh Samui, SAii Laguna Phuket, SAii Phi Phi Island Village, CROSSROADS Maldives, Hard Rock Hotel Maldives, and SAii Lagoon Maldives, reflecting the Company’s strong commitment to sustainable management.

In terms of architecture, the Company designs and renovates guest rooms with consideration for natural ventilation and the use of natural materials to reduce reliance on air conditioning. This is especially evident at SAii Phi Phi Island Village, where the design aligns with the surrounding environment and local lifestyle.

Furthermore, the Company promotes engagement from guests and employees through regular communication, awareness campaigns, and training programs to build environmental awareness and encourage eco-friendly behaviors.

Regarding clean energy, solar panels have been installed in several hotels, including Santiburi Koh Samui, SAii Laguna Phuket, SAii Phi Phi Island Village, and the CROSSROADS Maldives project.