What is the TUI group sustainability strategy?
What is the TUI group sustainability strategy? OUR SUSTAINABILITY AGENDA Our Agenda is underpinned by three core building blocks, to empower 'People' to drive development, reduce TUI's environmental footprint on the 'Planet' and partner with others to 'Progress' the transformation of our industry. Commitments include reducing the Group's emissions.
What are the 4 sustainable strategies?
The term sustainability is broadly used to indicate programs, initiatives and actions aimed at the preservation of a particular resource. However, it actually refers to four distinct areas: human, social, economic and environmental – known as the four pillars of sustainability.
In what ways does TUI offer sustainable tourism?
TUI intends to provide carbon-neutral cruise vacations no later than 2030. Additionally, TUI's cruise division will decrease its fleet's CO2 emissions by over 25% by 2030. Currently, no other cruise company globally has committed to an absolute reduction goal.
What is the competitive advantage of TUI?
TUI's major competitive advantage is its market leadership. Through increased diversification, mergers and acquisitions, the company has grown to become one of the most reputable firms in the European market. This market leadership allows the organisation to leverage on its brand.
What are the 4 pillars of sustainable tourism?
They are categorized in four pillars: (A) Sustainable management; (B) Socioeconomic impacts; (C) Cultural impacts; (D) Environmental impacts. These standards were built on decades of prior work from industry experts around the globe.