LUX* Resorts & Hotels is a brand that cares. Naturally, we care about the quality of our guest experience – after all, we’re dedicated to celebrating life! However, global warming is a fact of life. Something has to be done, and we intend to do everything we can to protect the breathtaking environments that host our hotels and resorts. That’s why we’ve taken a voluntary stand to invest in projects that will meet the challenges of sustainable tourism head on.
LUX* Resorts and Hotels achieves SEMSI status
LUX* Resorts & Hotels is delighted to become the first hotel group to have acquired SEMSI status, (Stock Exchange of Mauritius Sustainability Index) having achieved key eligibility criteria. Meeting the four key pillars set demonstrates the group’s leadership in economic, environmental, social and corporate governance, promoting sustainability, sound governance and transparent business practices.
Launched by the SEM in September 2015, SEMSI tracks listed companies on the Official Market and the Development and Enterprise Market that meet key sustainability criteria based on the Global Reporting Initiative Guidelines. By setting up SEMSI, the SEM has embraced a leading role in creating a more sustainable capital market and in promoting responsible investment. Following its launch, the SEM has become a signatory and partner exchange of the United Nation’s Sustainable Stock Exchanges (SSE) initiative. As a result of achieving SEMSI status, LUX* Resorts & Hotels demonstrates its commitment and dedication towards responsible tourism and sustainable development.
The SEMSI tracks the price-performance of those companies listed on the Official Market or the Development & Enterprise Market which demonstrate strong sustainability practices. It therefore helps create value for all stakeholders (investors, customers, management, local community and suppliers) involved in responsible decision-making. The index promotes stakeholder engagement and inclusiveness; expanding business horizons and working towards long-term viability and resilience.
The assessment methodology of SEMSI provides robust guidelines for companies on what to measure and highlights areas for constant improvement, further helping LUX* to understand and manage social and environmental risks and opportunities for the future.
GRI Gold Community & Sustainable Development Goals
LUX* is part of GRI Gold Community. GOLD Community members are GRI’s core supporters. LUX*is at the heart of the community shaping the future of sustainability and reporting, and empowering decision making towards a more sustainable economy and world.