IHCL MARCHES TOWARDS ACHIEVING SUSTAINABILITY GOALS

MUMBAI, MARCH 28, 2023: Indian Hotels Company (IHCL), India’s largest hospitality company reiterated its commitment to drive its sustainability and social impact measures under Paathya. Rolled out a year ago, the comprehensive ESG+ framework of Paathya aims to create sustained outcomes that drive value and fuel growth whilst strengthening environment and societies.

Speaking on the occasion, Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “Paathya is IHCL’s endeavor to walk a collaborative path towards creating a shared value for all its stakeholders. Embedding ESG at the very heart of our operations will help us tackle the biggest challenges of today and capture the best opportunities of tomorrow.”

He added, “Recognising that our success is not only measured by our financial performance, but also by the positive impact we have on our stakeholders and the world around us, we will continue to drive positive change and create value for all with IHCL's dedicated employees across disciplines.”

IHCL’s environmental efforts include increased consumption of renewable energy, EarthCheck Certification for 77 IHCL hotels, installation of (EV) charging stations at 115 of its properties and partnering with IFC's TechEmerge program for innovative cooling technologies. In addition to introducing bottling plants across 20 hotels to replace all plastic water bottles with reusable glass bottles, it has switched to bio degradable wrapping of dry amenities in guest rooms.

Regarded as the custodian of Indian hospitality, IHCL continues to invest in building industry-relevant talent pools with an aim to develop and support deserving youth and their families. With partnership across 16 skill centres, IHCL offers hospitality training courses across India including Guwahati in Assam to Jaipur in Rajasthan and Chamoli in Uttarakhand.

Transforming the landscape of travel, IHCL has collaborated with UNESCO to help safeguard and promote the intangible cultural heritage of India. From Patachitra - a traditional scroll painting technique in West Bengal, to Ganga Aarti-the prayer ceremony at Dasashwamedh Ghat at Varanasi in Uttar Pradesh, travellers at IHCL hotels can now experience the living heritage of the country.

IHCL's commitment to sustainability and social impact has not gone unnoticed. The company has received several accolades for its efforts, including Sustaining Employees and Communities through the pandemic and Contributing to the Cultural Heritage of India at the International Convention of WTM Responsible Tourism, an international forum to drive responsible tourism globally.

For more about Paathya and its initiatives, please visit here.

To know more please visit: www.ihcltata.com; www.tajhotels.com

About The Indian Hotels Company Limited

The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as the World’s Strongest Hotel Brand and India’s Strongest Brand as per Brand Finance Hotels 50 Report 2022 and India 100 Report 2022, respectively; SeleQtions, a named collection of hotels; Vivanta, sophisticated upscale hotels; and Ginger, which is revolutionising the lean luxe segment.

Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 257 hotels including 69 under development globally across 4 continents, 11 countries and in over 100 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.

Please visit: www.ihcltata.com; www.tajhotels.com; www.seleqtionshotels.com; www.vivantahotels.com; www.gingerhotels.com

For more information, please reach out to: kirti.dhingra@ihcltata.com