SB'21 Starts Oct 18th. Watch Mainstage Presentations for Free!

Press Release
Carlson Rezidor joins hands with development investors, IFC and CDC to promote green buildings in emerging markets

<span style="font-family: "Arial",sans-serif; font-size: 14pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">Carlson Rezidor joins hands with development investors, IFC and CDC ****<span style="font-family: "Arial",sans-serif; font-size: 14pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">to promote green buildings in emerging markets

<span style="font-family: "Arial",sans-serif; mso-ansi-language: EN-US;"> <span style="font-family: "Arial",sans-serif; font-size: 11pt; mso-ansi-language: EN-US;">Carlson Rezidor Hotel Group is proud to announce its partnership with IFC, a member of the World Bank Group that focuses on private sector development, to promote the design and construction of green buildings in emerging markets.

<span style="font-family: "Arial",sans-serif; font-size: 11pt; mso-ansi-language: EN-US;">The Radisson Blu Hotel, Accra Airport is the first hotel in Africa to receive IFC’s EDGE green building certification. CDC Group, the UK development finance institution, is a major investor in the larger real estate development where this hotel is located, and was the main promotor of achieving the certification.

<span style="font-family: "Arial",sans-serif; font-size: 11pt; mso-ansi-language: EN-US;">EDGE encourages resource-efficient buildings by demonstrating the most cost-effective ways to reduce resource intensity early in the design process. EDGE includes powerful and free eco-modelling software that makes the business case for using less energy, water and embodied energy in materials.

<span style="font-family: "Arial",sans-serif; font-size: 11pt; mso-ansi-language: EN-US;">Ritu Kumar, Director of Environment and Social Responsibility at CDC Group said: “Investing in green buildings is not only essential for a sustainable future, but also makes good business sense. It is vital that the growth in real estate on the African continent is environmentally and financially sustainable and contributes to reaching COP 21 targets. We’re proud to have supported the Radisson Blu reach EDGE certification at The Exchange, our real estate investment in Accra.”

<span style="font-family: "Arial",sans-serif; font-size: 11pt; mso-ansi-language: EN-US;"> <span style="font-family: "Arial",sans-serif; font-size: 11pt; mso-ansi-language: EN-US;">Through the partnership, Carlson Rezidor will use the EDGE eco-analysis software for all of its future hotel projects in Eastern Europe, the Middle East and Africa. As 40% of the world’s carbon emissions are generated through the construction and operation of buildings, designing green hotels supports the industry’s responsibility to meet COP21 targets. The collaboration also strengthens Carlson Rezidor’s long-term commitment to Think Planet and sustainable growth.

<span style="font-family: "Arial",sans-serif; font-size: 11pt; mso-ansi-language: EN-US;">Elie Younes, Executive Vice President & Chief Development Officer at Rezidor, said: “EDGE is a very valuable tool to support our growth strategy in emerging markets. It will be a catalyst to securing financing from hotel investors as it measures a building’s future performance, which reduces risk. EDGE also helps us to promote good corporate citizenship and leverage our sustainable hotel brands.”

<span style="font-family: "Arial",sans-serif; font-size: 11pt; mso-ansi-language: EN-US;">“Our landmark partnership with Carlson Rezidor marks an important step forward to greening the growing hotel business in Africa and other emerging markets," said Prashant Kapoor, Principal Green Buildings Specialist for IFC and the inventor of EDGE. “IFC hopes that other leaders in the hotel industry will follow Carlson Rezidor’s example and consider adopting EDGE. Only by responding to the growing awareness of environmentally concerned customers can we meet their expectations while building a more profitable and sustainable future for all.”

<span style="font-family: "Arial",sans-serif; font-size: 10pt; mso-ansi-language: EN-US;"> ****<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">For further information, please contact:

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">Inge Huijbrechts, VP Responsible Business, <span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">[email protected]<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">About Carlson Rezidor Hotel Group

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-fareast-font-family: Calibri; mso-ansi-language: EN-US;">Carlson Rezidor Hotel Group is one of the world’s largest and most dynamic hotel groups and includes 1,400 hotels in operation and under development with more than 220,000 rooms and a footprint spanning 115 countries and territories. The Carlson Rezidor portfolio includes a powerful set of global brands: Quorvus Collection, Radisson Blu®, Radisson®, Radisson RED, Park Plaza®, Park Inn® by Radisson and Country Inns & Suites By CarlsonSM. In most hotels, guests can benefit from Club CarlsonSM, one of the 2015 – 2016 “Top Three Hotel Rewards Programs” as ranked by U.S. News and World Report. Carlson Rezidor Hotel Group and its brands employ 90,000 people worldwide and is headquartered in Minneapolis, Minn., and Brussels, Belgium. For more information, visit <span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-fareast-font-family: Calibri; mso-ansi-language: EN-US;">www.carlsonrezidor.com<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-fareast-font-family: Calibri; mso-ansi-language: EN-US;"> and follow on Twitter @carlsonrezidor <span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">and linkedin.com/company/2364.

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">About EDGE

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-fareast-font-family: Calibri;">An innovation of IFC, EDGE helps property developers to build and brand green in a fast, easy and affordable way. EDGE is supported by free software that encourages solutions to reduce energy, water and the energy used to make building materials by at least 20 percent, which is the standard for EDGE certification. The program has been generously supported by the following donors: Austria, Canada, Denmark, ESMAP, EU, Finland, GEF, Japan and Switzerland. For more information, visit<span style="color: rgb(33, 33, 33); font-family: "Arial",sans-serif; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"> <span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-fareast-font-family: "Times New Roman";">www.edgebuildings.com<span style="color: rgb(33, 33, 33); font-family: "Arial",sans-serif; font-size: 9pt; mso-fareast-font-family: "Times New Roman";">.

<span style="background: yellow; font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US; mso-highlight: yellow;">

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">About CDC Group

<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-fareast-font-family: Calibri; mso-ansi-language: EN-US;">CDC is the UK government-owned development finance institution that uses its own balance sheet to invest in the developing countries of Africa and South Asia. CDC’s mission is to support the building of businesses throughout Africa and South Asia that create jobs and make a lasting difference to people’s lives in some of the world’s poorest places.
CDC provides capital in all its forms, including equity, debt, mezzanine and guarantees, and this capital is typically used to fund growth. This capital is provided directly and through fund managers that are aligned with its aims. It has net assets of £3.4bn.
For more information, visit <span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">www.cdcgroup.com<span style="font-family: "Arial",sans-serif; font-size: 9pt; mso-ansi-language: EN-US;">.

<span style="font-family: "Arial",sans-serif; font-size: 10pt; mso-fareast-font-family: Calibri; mso-ansi-language: EN-US;">

Advertisement

More Stories

Featured Brand Voices

Have Sustainable Brands delivered right to your inbox.
We offer free, twice weekly newsletters designed to help you create and maintain your company's competitive edge by adopting smarter, more sustainable business strategies and practices.
Copyright ©2007-2021 Sustainable Life Media, Inc. All Rights Reserved.
Sustainable Brands® is a registered trademark of Sustainable Life Media, Inc.