Once a competitive advantage, sustainability is now imperative in the European hotel sector. Investors and operators both have responsibilities to be good stewards of the environment and of the communities in which they operate. In many ways, financial performance depends on sustainability. A strong sustainability strategy enables stakeholders to identify opportunities and manage risks related to environmental, social, and governance (ESG) factors—as well as drive performance to create long-term value.
Update:
Principal Claritas is now Principal Asset Management Ltda. Learn more about our operations in Brazil.