Corporate Housing Providers Association - CHPACorporate Housing Providers Association - CHPASan Ramon, CA—Today, Synergy Global Housing (Synergy), a leader in serviced accommodation program management, has announced it has achieved a silver EcoVadis rating for its impact across environmental, social and governance initiatives. The company’s silver rating means Synergy has scored in the top 15% of more than 130,000 companies ranked globally.
“Achieving a top 15% rating via EcoVadis is a testament to Synergy’s commitment to sustainability”, said Charlotte Winter, Sustainability Co-Lead and General Manager at Synergy. “We have invested substantially in recent years to driving real, tangible outcomes and this recognition underscores the value of our progress to date.”
EcoVadis is the world’s largest and most trusted 3rd party sustainability ratings provider whose methodology is built using international sustainability standards including the Global Reporting Initiative, the United Nations Global Compact and the ISO 26000. Criteria is evaluated across twenty-one elements and four key pillars including environmental sustainability, human rights, ethics and sustainable procurement.
“Collaborating with EcoVadis means Synergy now has access to a plethora of data which can support in aligning action plans with the areas of greatest impact”, said Lauren Vizcaino, Sustainability Co-Lead and Global Associate Director of Compliance and Risk Management at Synergy. “We look forward to leveraging this data to remain transparent with our stakeholders, while also acting as an industry leader and advocate in all things sustainability.”
Synergy’s silver EcoVadis rating comes days after the company received its latest annual emissions report which showed a reduction in total emissions by more than 4% over the last 12 months. The report, which was created in collaboration with Synergy’s sustainability partner GreenFeet, is Synergy’s third annual emissions report.
About Synergy Global Housing
Founded in 1999, Synergy is an international serviced accommodation provider headquartered in San Ramon, CA, delivering a superior hospitality-driven extended-stay experience to the business travel and mobility industries. Providing best-in-class housing and services in over 2,000 cities in more than 85 countries, the company has offices in China, Singapore, India, England, Ireland and multiple locations throughout the United States.
Recognized globally, Synergy’s recent awards include the 2023 Travel Partner of The Year: Alternative Accommodation Operator from the Business Travel Awards, 2024 and 2023 Company of The Year from the Corporate Housing Provider’s Association (CHPA), 2023 ITM Service Excellence Team; 2022 Operations Team of the Year from the Business Travel People Awards; 2024 and 2023 Serviced Apartment Provider of the Year Regional/Global from Relocate Magazine; and the 2021 Corporate Housing Provider of the Year from the Forum for Expatriate Management (FEM) U.S. and EMEA regions.
Synergy is a member of The Ascott Limited (Ascott), a leading international hospitality company with over 950 properties globally. Headquartered in Singapore, Ascott’s presence extends across more than 230 cities in over 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA. Ascott’s diversified accommodation offerings span serviced residences, co-living properties, hotels and independent senior living apartments, as well as student accommodation and rental housing. Its award-winning hospitality brands include Ascott, Citadines, lyf, Oakwood, Somerset, The Crest Collection, The Unlimited Collection, Fox, Harris, POP!, Preference, Quest, Vertu and Yello.
Ascott is the wholly-owned lodging business unit of Singapore-listed CapitaLand Investment Limited (CLI), a leading global real asset manager with a strong Asia foothold.
In response to the growing demand for sustainable practices in business travel, The Apartment Network (TAN) announces functionality that allows customers to include carbon offsetting for accommodations within its inquiry and booking process.
A recent survey1Source: GBTA states 92% of business travel professionals consider sustainability a top priority for their organizations. TAN is committed to providing its customers with information and the opportunity to make environmentally conscious decisions. While carbon offsetting alone may not be the solution, it can certainly play a role.
“ We’ve effectively offset our business travel and it made sense to offer our clients the same opportunity. We recognize that offsetting is not the sole solution, but it allows TAN to invest in the future, in renewable energy projects,” says Marcos Isaac, CEO, The Apartment Network.
Adding this functionality follows a year-long process to track and offset carbon emissions associated with its own team’s business travel. Despite operating as a fully remote business, TAN recognizes the necessity of face-to-face meetings and attending industry events, underscoring the importance of offsetting associated emissions.
Sam McMillen, Director of Marketing & ESG says: “The more we do to reduce our carbon footprint the better, but there will be a point where we’ve done all we can but are still leaving a mark.
“We will hear more about purposeful travel in 2024. Deciding to travel less and to stay longer is a conscious effort to get real value from each trip and to reduce our greenhouse gas emissions.”
Customers can be confident in the credibility of TAN’s carbon offsetting initiatives. All projects on the platform adhere to the highest standards, certified by national and international bodies. These include the Quality Assurance Standard (QAS) Approved, Verified Carbon Standard, The Gold Standard, and Clean Development Mechanism Approved Carbon Offsetting. The management of these schemes is entrusted to specialist partners with ISO 14001 and ISO 9001 certifications, ensuring peace of mind for all stakeholders.