HOTEL ROYAL
̛Ө
ROYAL MEMORIES
38
At Hotel Royal, we are committed
to reaching out to the larger
community that our hotels operate
in. Embracing the essence of
corporate social responsibility
(CSR) in our day-to-day operations,
we believe that as a successful
business enterprise, we have to
reach out to the larger community
and be environmentally conscious
and friendly. We hope to further
align our long-term business
strategies with the universal
values of achieving positive and
sustainable outcomes for all of our
stakeholders.
It is for these reasons that we are
embarking on a more structured
and detailed Sustainability Report
which we hope our shareholders
and investors will find useful. The
aim of this Sustainability Report
is to provide our shareholders
with an accurate, complete
and reliable account of how we
manage sustainability issues in our
hospitality business.
HOTEL ROYAL’S
SUSTAINABILITY POLICY
Hotel Royal Limited is a hospitality
group that places much emphasis
on executing a sustainable
business strategy with profitability
and shareholder value in clear
focus. As a responsible corporate
citizen operating in Singapore
and the Asia-Pacific region, the
Group’s values are articulated in
the following principles:
1 Code of conduct and business
ethics
Our Group adopts a Code of
Conduct and Business Ethics
that stipulates the principles of
our conduct and business ethics
that apply to all of the Group’s
employees. This Code covers areas
such as conduct in workplace,
business conduct, protection of the
Company’s assets, confidentiality
of information and conflict of
interest, among other things.
We have also established a
whistle-blowing mechanism to
aid in the reporting of corporate
misconducts. We do not engage
in child labour or take unethical
means, directly or indirectly,
to provide business services in
our day-to-day operations. By
“indirectly”, we are saying that
we do not engage in business with
partners, suppliers or third party
manufacturers that are known
to use unethical means in their
business processes.
2 Health, safety and the
environment
Management of health, safety
and the environment is high on
our list of priorities. We continuously
seek to minimise the impact of
our activities through water and
energy conservation, as well as
having a robust workplace safety
management programme. Please
refer to the section on Corporate
Social Responsibility on pages 40
and 41 of this Annual Report.
3 Employees
We believe in engaging and
developing our staff to their
fullest by providing opportunities
for development and growth.
Please refer to the People Report
on pages 42 to 45 of this Annual
Report.
4 Community
We believe in giving back to
the society through supporting
various charitable initiatives and
community projects. Please refer
to the section on Corporate Social
Responsibility on pages 40 and 41
of this Annual Report.
SUSTAINABI L I TY
REPORT
At the core of our Group’s ethos is the
realization that our corporate development
and growth should not be at the expense
of the environment and social well-being.
Our business interests must be aligned to
the socio-environmental objectives in order
to build sustainable businesses for future
generations.
