Citadines Bali, Envision Digital, HSBC Bank
With STACS’s ESGpedia, Citadines Bali gained better data insights to scale decarbonisation financing and green certifications, as part of its sustainability journey.
The hospitality industry lacks digital technology to measure and monitor performance of their sustainability efforts, as well as faces
difficulty in evidencing their sustainability efforts for banks and certification bodies.
Citadines Bali, as part of The Ascott Limited (Ascott), becomes the first hotel in Bali to adopt digital tools to track emissions from its operation. The use case can be replicated to enable other hotels or buildings who are transforming to be more sustainable. With the integration of EnoSTM, Envision Digital’s net zero platform for decarbonisation to the ESGpedia digital registry, hotels are now able to effectively quantify emissions and target reduction, and have these data aggregated on a common, standardized registry. Financial institutions like HSBC (view full list of FI partners here) can then leverage on ESGpedia to make better ESG financing decisions and effectively monitor its green portfolio on an ongoing basis, facilitating hotels in achieving decarbonisation financing.
Effectively quantify real-time emissions and target reductions
Automated Scope 2 KPI Reporting. Reduce manual achievement review efforts
Increase ease in attaining green certifications and accessing sustainable financial services
Commercial Banking Director
HSBC Indonesia“The road to recovery in hospitality industry opens an opportunity to build more sustainable operations. The hotel industry has a significant impact to the environment and society as it is among the highest users of water, energy and food, while at the same time provides jobs and ripple effect to the overall economy. Therefore, it is important for hotel operators to start transforming their operations to be more sustainable.”
Genesis Indojaya’s Project Director
Citadines Bali“ESG initiatives are someth ing which we hold close to our hearts as property developers, hospitality providers and global citizens. Citadines Bali has been one of the most active first movers in a myriad of ways in Bali, and we are excited to continue these positive efforts through this collaboration with HSBC, Envision Digital and STACS.”
Envision Digital“This industry-first partnership underscores the leadership position taken by Citadines Bali for the hospitality industry to reach net zero. EnOS Ark enables companies to leverage loT technology for real-time monitoring, carbon abatement and offset – allowing them to differentiate themselves and accelerate their decarbonisation journey.”
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