Importance of Corporate Social Responsibility in Hospitality Business

Importance of
Corporate Social
responsibility

Table of Contents
Executive Summary.........................................................................................................................3
1.INTRODUCTION .......................................................................................................................3
1.1 Scope................................................................................................................................3
1.2 Purpose.............................................................................................................................3
1.3 Background ......................................................................................................................3
1.4 Key Terms .......................................................................................................................4
MAIN BODY...................................................................................................................................4
2 Explanation of the concept of sustainability in hospitality business and importance of
improving the sustainability of business operations in hospitality organisations..................4
2.1 Sustainability .............................................................................................................................4
2.2 CSR ...........................................................................................................................................4
3 Potential sustainability initiatives and approaches to make hospitality business more
sustainable..............................................................................................................................6
3.1 Initiatives and approaches .........................................................................................................6
3.2 Range of potential sustainability initiatives and practices adopted by the hospitality
organisations...........................................................................................................................7
4. Recommendations for improving operational sustainability, existing hospitality properties
and in new build hospitality properties..................................................................................9
5. CONCLUSION..........................................................................................................................11
REFERENCES .............................................................................................................................12

Executive Summary
Corporate Social responsibility basically considered as a business model that involves policies
and practices which are carry out by the various corporations for the purpose to create a positive
impact on the world. It basically involves the main idea behind the CSR for corporations that
helps in pursue other pro-social aims and also helps in increasing profits.

1.INTRODUCTION
1.1 Scope
Corporate Social Responsibility is basically considered as the form of international
private business self regulation that basically focuses on contributing towards the goals of the
society of a charitable nature, philanthropic and activist with supporting and engaging in a
volunteering or ethically oriented practices (Ko,Chan and Wong., 2019).
1.2 Purpose
In this report it involves detail explanation about the concept of sustainability in relation
to the hospitality business and involves how the hospitality organisations can improve the
sustainability of their business operations (Latif, Pérez and Sahibzada., 2020).
1.3 Background
It involves potential approaches for the purpose to make the hospitality businesses more
sustainable. In addition to that it involves the identification and evaluation of the range of
potential sustainability practices and initiatives that could be adopted by the hospitality
organisations. Furthermore, it involves recommendations in order to improve the operational
sustainability and involves existing hospitality properties and new build hospitality properties
(Justine.,2021).
1.4 Key Terms
CSR, sustainable strategies, Sustainability and environmental management
MAIN BODY
2 Explanation of the concept of sustainability in hospitality business and importance of
improving the sustainability of business operations in hospitality organisations
2.1 Sustainability
The concept of sustainability basically involves the concept of broad policy in context to
the global public discourse that basically involves the three main pillars that consists of social,
environmental and economic(Csillag, Gyori and Matolay, 2018).From many years, it has been