Direct impacts from hospitality operations may be one tenth of the supply chain, which consists of input providers (infrastructure, water and energy, equipment, food and beverages), travel, and service delivery (accommodation, catering and attractions).
Banyan Tree’s approach is more than risk management, it is an opportunity to make responsible choices that drive respect for human rights and the environment. We champion local procurement, sustainably sourced food (e.g. MSC certified), and actively seek and favour business relationships with those who share our values and commitment.
Having a sustainable supply chain is critical to upholding the Banyan Tree vision and ethos. This is especially because the potential impact of hospitality supply chains can be up to ten times the direct impact of operations.
Components of our supply chain include:
We have set triple horizon targets and will continue to assess third party support throughout this process.
Set targets of 100% Tier 1 suppliers completing a self-assessment and signing the Code of Conduct
Supplier conformity to external accreditations (e.g. ISO) and on-site evaluations enacted for high risk suppliers
Poor performance will be supported with remediation action
As a socially responsible business, Banyan Tree was founded with the core value of driving sustainable development. Banyan Tree seeks to be an agent of social and economic development, a champion of environmental conservation and preservation, and support the Ten Principles of the United Nations Global Compact and the 17 Sustainable Development Goals on which this Code of Conduct is founded.
It is our opinion that sustainability is more than an aspiration: it is indispensable and indistinguishable from business success. Achieving sustainability requires a collaborative, participatory and integrated approach, encompassing how we do business internally and externally with our customers, partners, governments, communities and suppliers.
BANYAN TREE HOTELS AND RESORTS SUPPLIER CODE OF CONDUCT
For suppliers who wish to complete the Supplier Declaration via offline hardcopy submission to your Banyan Tree property purchasing manager, please download the PDF form here.
For suppliers who wish to complete the Supplier Declaration online, kindly obtain the log-in URL from your Banyan Tree property purchasing manager.