Environment, Social and Governance

Curating world-class entertainment experiences and the finest luxury living, FIVE Holdings recognizes the fate of the planet and its business, rests in responsible stewardship of the environment. Driven by its core millennial base, FIVE Holdings has aligned with the planet’s arising generation to lead the way in ‘Sustainable Indulgence,’ trailblazing the ultimate entertainment and luxury experiences within an environmentally and socially responsible framework.

By pursuing a ‘do more with less’ mindset and investing in the latest climate-conscious technologies, FIVE Holdings uncovered the symbiotic path of financial strength and sustainable strategy. Today, FIVE Holdings’ leadership have transparently committed to incorporating sustainability into the fabric of the business, broader strategic vision, and operational model. Why? FIVE Holdings embraces a goal congruence philosophy where customers, employees and shareholders align over financially-strategic and holistic sustainability initiatives, securing long-term business continuity.

To achieve its aspirations, each day is focussed on improving the company’s sustainability performance through business operations. A cultural mission above all, FIVE Holdings continues to cultivate Sustainability Champions recognizing that colleagues hold the key towards unlocking carbon reduction and cost saving by improving operations.

Understanding that sustainability extends beyond its resorts, FIVE Holdings is focused on growing its engagement with its supply chain partners, a critical element to long-term progress and success. Finally, understanding that no business operates in a vacuum, has led the Group to not only curate robust wellbeing programmes for its employees but extend its roots into the local and global community, capitalizing on social and environmental action.

Focusing on the company’s capacity to influence and collaborate within its value chain is fundamental to FIVE Holdings’ long-term contributions towards creating a more sustainable world.

With the formation of its board-level Sustainability Committee, FIVE Holdings has set course to accelerate the company’s maturity and growth to face the next stage of its corporate journey.

F-I-V-E Sustainability Policy Framework

Future:

Enhancing the energy, water and resource efficiency of operations
Reducing emissions and managing climate related risk and opportunities
Evolving systems to support digitalization, artificial Intelligence, and automation

Innovation:

Integration of sustainability into corporate governance
Sustainable procurement and supply chain management

Value Chain:

A positive community impact and relationships
Innovate to address social and environmental challenges
Setting high environmental and social standards in supply chain

Equality:

Inspiring Intrapreneurship by encouraging new ideas and initiatives
Improving employee welfare
Ensuring equality, diversity and inclusion

FIVE Holdings is proud to state that its facilities are LEED Platinum Certified reflecting a Healthy, Efficient, Carbon and Cost-Saving Green Buildings. FIVE Holdings is the first hotel group to be certified by SPIRE for its Smart Building Performance, Life and Property Safety ensuring Holistic Sustainability.

FIVE HOLDINGS’ ISS ESG RATING

FIVE Holdings has emerged with the highest ESG rating in the world to date, as the only company to receive an ‘A’ grade across all sectors from global rating agency, ISS. Across all sectors, ISS’s ESG rating program provides companies with a score between ‘D-’and ‘A+’.

Prior to FIVE Holdings’ ESG achievement, the highest rating within the leisure sector, of which FIVE Holdings belongs, stood at ‘B’ with just one hotel in the world meeting the mark. With its ‘A’ ESG Rating, FIVE Holdings also secures ‘Prime Status’ within its Leisure Sector granted by “fulfilling ambitious absolute performance requirements”.

ISS’s stringent and comprehensive ESG assessment evaluated FIVE Holdings against 100 plus criteria across Environmental, Social and Governance topics, of which numerous subcategories provided a granular degree of assessment; this included within a given topic, evaluating FIVE Holdings’ policies, commitments, strategies, measures and reported data.

ISS’ granting of an ‘A’ ESG Rating validates FIVE Holdings’ comprehensive focus on sustainability as more than a single-sided approach but rather one that covers a full ecosystem of business activities. Its commitment to sustainability is evident not only in its operations but across its supply chain and broader community.

FIVE ISS ESG Rating.pdf

SPIRE Rating FIVE Palm.pdf

SPIRE Rating FIVE JVC.pdf

LEED Platinum Certificate FIVE Palm.pdf

LEED Platinum Certificate FIVE JVC.pdf

LEED Platinum Certificate FIVE Zurich.pdf

FIVE Hotels and Resorts is committed to sustainability and reducing its carbon footprint. Both FIVE Palm Jumeirah and FIVE Jumeirah Village hotels have achieved the International REC standard for renewable energy, ensuring that all electricity consumption in 2022 was green and sustainable.

This commitment is demonstrated through the exclusive use of 100% green solar energy, significantly reducing reliance on traditional energy sources. These efforts help preserve the planet for future generations and align with FIVE Holdings’ vision of offering guests a sustainable and responsible travel experience.

The International REC certificate honours FIVE Holdings’ dedication to renewable energy and environmental sustainability, underscoring an ongoing commitment to reducing environmental impact in the years ahead.

IREC Certificate FIVE Palm.pdf

IREC Certificate FIVE JVC.pdf