IRHM, Your Global Window into Real Estate and Hospitality

April 5, 2026

ESG & Sustainability

UN Tourism has taken a significant step toward modernising how the sector is tracked within the global economy. During the 57th session of the United Nations Statistical Commission, new standards were backed to better measure tourism's role in international trade and environmental sustainability. The move aims to provide governments and businesses with reliable, comparable data to guide future economic policy and green reporting.
Liquified Solutions has teamed up with Curator Hotel and Resort Collection to launch a data-driven water efficiency programme. The partnership aims to help independent hotel owners cut water and sewer utility costs by 20% to 30%. By reducing these often-overlooked expenses, the initiative seeks to immediately improve net operating income and long-term asset value across the portfolio without affecting the guest experience or requiring major renovations.
The Green Building Initiative has launched Ascent Building Certification for the UK and EU markets. This science-based system evaluates sustainability and resilience across global commercial property portfolios. Building on the success of Green Globes, it provides a transparent framework. The certification helps investors achieve measurable ESG performance while adapting to local regulations and environmental standards across all building lifecycle phases.
Council officials have greenlit a massive £531 million investment package to upgrade social housing across North Lanarkshire. The five-year plan aims to improve living standards for thousands of tenants by modernising kitchens, bathrooms and windows. A significant portion of the funding is dedicated to energy efficiency to help residents lower their heating costs. The scheme also includes the regeneration of several local estates and the demolition of older properties.
AECOM and CityUHK School of Energy and Environment have signed a strategic MoU to boost Hong Kong’s climate resilience. The partnership links academic research with infrastructure expertise to meet sustainability goals. Planned initiatives include a joint laboratory, shoreline management research, and student internships. This agreement aims to transform scientific innovation into practical environmental solutions for the community.
CapMan Real Estate and Scandic have completed the full refurbishment of the historic Hotel Laajavuori in Finland. The project involved two phases of work to modernise guest rooms and public areas while preserving the building's 1970s architectural identity. Significant environmental upgrades, including 71 geothermal wells, have slashed energy use and shifted the property to entirely carbon-free energy sources.

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