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As a founding member of HARP (Hospitality Alliance for Responsible Procurement), Entegra is committed to driving greater sustainability in the hospitality industry and supporting our clients to reach their sustainability and diversity goals.
Here are a few ways better sustainability reporting drives improved procurement decision making:
Improve transparency on supplier sustainability performanceSupplier-level sustainability metrics are key data points for understanding performance and impact. Each assessed Entegra supplier is assigned an aggregate score that is made up of four key pillars: - Environmental - Labor and human rights - Ethics - Sustainable procurementEach supplier’s information is viewable on their supplier scorecard, empowering hospitality businesses to make informed decisions based on supplier sustainability scores.
The supplier scorecard makes monitoring sustainability metrics easier for both suppliers and operators.
Enhanced upward and financial reportingFor organizations that have tied funding or shareholder value to ESG improvements, leveraging sustainability data to demonstrate clear, measurable progress is an important aspect of both upward and financial reporting. With so many organizations paying lip service to sustainability, showing real progress is important to avoid accusations of greenwashing.
Entegra is a founding member of the Hospitality Alliance for Responsible Procurement, an alliance of top hospitality companies coming together to accelerate sustainable practices by fostering close collaboration with suppliers to build transparency and scale positive impact across their value chains. Entegra is currently in the midst of onboarding suppliers into the HARP platform, powered by EcoVadis.
Learn more about HARP.
October 11, 2023