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Marketwired
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Fairmont Hotels & Resorts Achieves Global CO2 Reduction Target / Becomes the first hotel brand to meet WWF's industrious goal of reducing greenhouse gas emissions

TORONTO, ONTARIO -- (Marketwired) -- 02/19/15 -- Editors Note: There is a photo associated with this press release.

Fairmont Hotels & Resorts today announced that it has achieved World Wildlife Fund (WWF) Climate Savers Program targets, reducing its operational CO2 emissions by 20 per cent below 2006 levels. In doing so, the luxury hotel brand known for its industry leading sustainability programming becomes the first hotel brand to meet this ambitious environmental goal.

WWF's Climate Savers Program was designed to inspire companies to change their thinking about climate solutions, while also encouraging them to transform themselves into low-carbon leaders. This leaves member companies better placed to avoid carbon-related risks while realizing opportunities within their long-term business strategies. Fairmont joined Fortune 500 companies and other top businesses like The Coca-Cola Company, Johnson & Johnson, and Nike to develop practical, cost-effective strategies that reduce emissions of CO2 and achieve energy efficiency solutions.

"According to the United Nations, emissions generated directly from the tourism sector account today for 5 per cent of global CO2 emissions but may be higher. When Fairmont joined WWF's Climate Savers Program in 2009, our mandate was to help address this issue as part of our long standing commitment to sustainability," said Jane Mackie, vice president, Fairmont Brand. "Achieving this goal is a testament to our colleagues' commitment to their local communities. Thanks to their hard work, and through the purchase of Renewable Energy Certificates, we have removed as much CO2 as is generated by 13,569 passenger vehicles."

Since its founding over a century ago, Fairmont has worked to deepen its connection to the environment and communities where it conducts business. This mindset led to the launch of the highly acclaimed and industry-leading Green Partnership Program, now known as the Fairmont Sustainability Partnership, a comprehensive approach to reducing the company's impact on the environment, and to the brand embracing the Climate Savers Program.

"Leading companies like Fairmont are proving that strong environmental action leads to business success," said Alberto Carrillo, Head of Climate Business Engagement for WWF's Global Climate and Energy Initiative. "Successful actions like these are critical to mitigating the devastating impacts of climate change on people and nature."

To meet the Climate Savers agreement, Fairmont undertook a wide variety of initiatives globally, this included:

--  Reducing operational CO2 emissions by 20 per cent below 2006 levels
--  Created and implemented a Green Procurement Policy and Supplier Code of
    Conduct.
--  Educated and encouraged top suppliers (representing approximately 25 per
    cent of the supply chain) to provide products in accordance with the
    Green Procurement Policy and Supplier Code of Conduct.
--  Updated Design and Construction standards to incorporate and reflect
    Leadership in Energy & Environmental Design (LEED) standards.

Fairmont hotels around the world also took their own unique approach to the challenge of reducing the brand's carbon footprint, upgrading infrastructure and changing behaviours to reach the company's goal. Activities were often driven by the actions of dedicated and passionate colleagues who were, and continue to be, committed to protecting and preserving the environment. Colleagues organized Sustainability Teams, leading the process as proactive, engaged, partners in the program. At the Fairmont St. Andrews, for example, the colleague Sustainability Team hosted open debates and pushed colleagues to propose initiatives that their department could then implement to create savings.

Some other notable activity and initiatives undertaken by Fairmont to achieve its Climate Savers target included:

Europe

--  At Fairmont Le Montreux Palace pumping water from Lake Geneva saves more
    than 60% of annual electricity consumption, compared to a standard air-
    conditioning installation (340'000 kwh/year).

--  In London, The Savoy, A Fairmont Managed Hotel, installed a centralized
    compressor plant for all kitchen walk-in fridges and freezers. The
    hotel's refrigeration plant reclaims waste-heat to preheat domestic hot
    water by 5 degrees Celsius. Reclaiming waste heat produces an
    approximate saving of GBP 38,500 over the course of the year, and
    reduces the loading and firing rate of the boilers which also extends
    the expected life of the boiler and reduces maintenance costs.

Middle East, Africa & India

--  Using outside breezes instead of air conditioning to circulate cold air
    into the Fairmont Dubai during the winter. This reduced energy
    consumption without impacting guest comfort.

Americas

--  Fairmont Orchid, Hawaii heats its pool using waste heat from a chiller
    system at no cost. If the hotel were to heat its pool using conventional
    heating methods (like propane) it would cost more than $90,000 per year.
    The Fairmont Orchid, Hawaii is now examining the potential to apply
    solar films on windows and panels on the roof of the hotel to generate
    more of its power from a more sustainable source.

--  In the heart of the Canadian Rockies, the Fairmont Banff Springs began
    utilizing outdoor ambient temperatures for its chilled water system. It
    estimates that this will save approximately 368,750 kWh of energy
    consumption annually.

Asia Pacific

--  At Fairmont Singapore, the in-house Sustainability Team conducts monthly
    audits of offices, kitchens, and rooms to ensure energy efficient
    practices.

"Fairmont was very motivated through our partnership with WWF to help tackle climate change, achieve significant CO2 reductions, and deliver results worldwide," said Allison Long, Fairmont's business analyst, environmental affairs. "We are pleased with the results achieved thanks to our dedicated colleagues and are excited to be the first luxury hotel brand to reach the Climate Savers Program targets."

About the Fairmont Sustainability Partnership

Fairmont Hotels & Resorts is a leader in sustainability and was one of the world's first hotel companies to embrace environmental stewardship. The luxury hotel brand has expanded this commitment to include economic, environmental, and social programming through its Fairmont Sustainability Partnership. With the goal of improving the overall well-being of local communities where Fairmont does business, the program focuses on four key areas to achieve change; responsible business, ecosystem, environment and engagement. Building on the brand's environmental platform, once lauded by National Geographic Traveler as "the most comprehensive environmental program in the North American hotel industry," ongoing global initiatives include reductions in energy and water consumption, waste generation and carbon emissions. Additional support includes sustainable practices related to design, proactive construction and procurement policies, as well as community outreach through local groups and partnerships. As the first luxury hotel group to address climate change, Fairmont also worked with the WWF in achieving established greenhouse gas emission reduction targets, among other strategic initiatives.

About Fairmont Hotels & Resorts

Fairmont Hotels & Resorts connects guests to the very best of its destinations worldwide, reflecting each locale's energy, culture and history. Passionate travelers choose the luxury hotel brand for its ability to deliver memorable travel experiences, personalized and thoughtful service, and hotels that are one-of-a-kind. Serving as genuine gateways to their destinations, Fairmont hotels offer locally-inspired cuisine and spirited bars and lounges, distinctive design and decor, and a steadfast responsibility to environmental and social priorities. With more than 65 hotels globally, and many more in development, landmark hotels in the Fairmont collection include The Plaza in New York, London's The Savoy, Fairmont Peace Hotel in Shanghai and Quebec City's Fairmont Le Chateau Frontenac. Fairmont is owned by FRHI Hotels & Resorts, a leading global hotel company with over 110 hotels under the Fairmont, Raffles, and Swissotel brands. The company also manages Fairmont, Raffles and Swissotel branded luxury private residence clubs, whole-ownership residences and serviced residences properties. For more information or reservations, please visit fairmont.com.

About World Wildlife Fund

WWF is one of the world's leading conservation organizations, working in 100 countries for over half a century. With the support of almost 5 million members worldwide, WWF is dedicated to delivering science-based solutions to preserve the diversity and abundance of life on Earth, halt the degradation of the environment and combat climate change. Visit worldwildlife.org to learn more and follow our news conversations on Twitter @WWFNews.

To view the photo associated with this press release, please visit: http://www.marketwire.com/library/20150219-savoy_hotel_pic01_feb19.jpg

Contacts:
Mike Taylor
FRHI Hotels & Resorts
416/874-2457
mike.taylor@frhi.com

Mandy Jean Woods
WWF International Global Climate & Energy Initiative
+27 72 393 0027
mwoods@wwf.org.za

Ian Morrison
WWF-US
202/495-4141
ian.morrison@wwfus.org

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