Connect with us

Business

Radisson Hotel Group leads with Verified Net Zero hotels and highlights Think People, Community, and Planet actions in its 2025 Responsible Business Report

Published

on

Radisson Hotel Group

Radisson Hotel Group’s 2025 Responsible Business Report demonstrates how the Group is turning its Net Zero transformation into real, measurable progress across its hotels and operations, and cares for people and communities

BRUSSELS, Belgium, May 6, 2026/APO Group/ –In a rapidly evolving operating environment shaped by shifting guest expectations, climate risk, and increasing regulatory requirements, sustainability continues to guide the Group’s strategic direction. Radisson Hotel Group (www.RadissonHotels.com) remains committed to supporting careers and communities, as well as achieving Net Zero by 2050. The Group focuses on strengthening the long-term competitiveness of its hotels and owners through sustainability and contributes to the transition toward a low-carbon hospitality sector.

 

The report highlights how this strategy is being embedded across the business through a structured five-year plan and operational priorities focused on energy efficiency, electrification, renewable energy, and responsible resource use.

A key milestone in 2025 was the launch of the Group’s first Verified Net Zero hotels, establishing a scalable model for reducing emissions across both existing and new properties. These projects demonstrate that meaningful decarbonization can be achieved within operational hotel environments.

The report also provides a transparent view of performance across Radisson Hotel Group’s Think People, Think Community, and Think Planet pillars, translating strategic priorities into measurable outcomes across its global portfolio. This ensures that sustainability remains embedded in decision-making, building trust with guests, owners, partners, and team members, while supporting long-term value creation.

Highlights from the report include:

Think People

People are at the heart of Radisson Hotel Group’s success, with a strong focus on investment in talent development, well-being, and inclusive career growth across its global team of more than 75,000 team members in over 100 countries. The Radisson People Foundation, launched in 2024 to support team members in times of need, assisted more than 250 team members globally. Additional progress includes:

  • 84% team member engagement score, outperforming the industry average by 18%
  • 31% of women in leadership positions, supporting greater gender balance
  • 206 hotels certified by Safehotels, strengthening safety and security for guests and teams

Radisson Hotel Group continues to invest in learning and growth, with its Radisson Academy delivering more than 8.5 million learning hours and 40% of job openings filled internally, reflecting a clear commitment to career progression.

Think Community

The Group continues to create shared value in the wider value chain and communities it is part of through local initiatives and global programs. Its partnership with Just a Drop has helped provide clean water, sanitation, and hygiene access to more than 34,000 people. Further impact in 2025 includes:

  • €890,000 in cash and in-kind donations globally
  • 79,000 volunteer hours contributed by hotel and corporate teams
  • EcoVadis Silver Medal, with 76% of global suppliers assessed, reinforcing responsible sourcing practices

These initiatives support community access to essential resources and bolster the Group’s commitment to ethical and inclusive business practices.

Think Planet

Radisson Hotel Group is transitioning to Net Zero by 2050, focusing on the adoption of sustainable building standards, renewable energy, and resource-efficient hotel operations. The new Verified Net Zero program provides a practical, scalable model for reducing emissions across the hotel portfolio. Key milestones include:

  • 23% reduction in emissions intensity per square meter versus the 2019 baseline
  • 6% reduction in total Scope 1 and 2 emissions versus 2019 (24%), while the portfolio grew by 20%
  • 78 hotels operating on 100% renewable electricity, with aims to continue expansion of renewable energy sourcing

In 2025, the Group opened its first Verified Net Zero Hotels in Manchester City Centre and Oslo City Centre, demonstrating how existing and new hotels can operate with significantly reduced carbon emissions across scopes 1, 2, and 3, and still maintain high guest experience and operational standards.

The 2025 report marks an important step forward in transparency and accountability. It is the Group’s first Responsible Business Report aligned with the European Union’s Voluntary Sustainability Reporting Standard for SMEs (VSME) reporting framework, based on a double materiality approach that identifies and manages key environmental, social, and governance impacts, risks, and opportunities.

To explore how Radisson Hotel Group is making a meaningful impact every day, download the full report here (https://apo-opa.co/49wpLkZ).

Distributed by APO Group on behalf of Radisson Hotel Group.

 

Business

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) supports Akii-Bua Olympic Stadium Project in Uganda with USD 65 Million cover

Published

on

The Akii-Bua Olympic Stadium is part of Uganda’s efforts to strengthen national sports infrastructure and expand its capacity to host regional and international sporting events

BAKU, Azerbaijan, June 21, 2026/APO Group/ –The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, has provided insurance support for the construction of the Akii-Bua Olympic Stadium in Uganda. The transaction was signed on the sidelines of the IsDB Group 2026 Annual Meetings, held in Baku, Azerbaijan, from 16 to 19 June 2026.

 

ICIEC’s support was provided through a Specific Transaction Policy (STP) extended to SAMCO National Construction Company of Egypt covering a supplier credit facility. The project has a total contract value of approximately USD 130 million, with an insured amount of USD 65 million and a coverage level of 90% against the non-honouring of a Ministry of Finance guarantee issued by the Government of Uganda.

 

This project demonstrates how well-structured risk mitigation can help deliver social infrastructure with lasting development value

The Akii-Bua Olympic Stadium is part of Uganda’s efforts to strengthen national sports infrastructure and expand its capacity to host regional and international sporting events. Located in Lira City, the project is expected to support youth athletics, promote community participation in sports, and contribute to healthier lifestyles.

 

During construction, the project is expected to create employment opportunities and increase demand for local materials and services. In the longer term, the stadium is expected to stimulate regional economic activity by attracting sporting events, tourism, and related commercial services, while supporting urban development in Lira and surrounding areas.

 

Commenting on the transaction, Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC, said: “This project demonstrates how well-structured risk mitigation can help deliver social infrastructure with lasting development value. By supporting the Akii-Bua Olympic Stadium, ICIEC is contributing to a project that will serve communities, empower young people, and create new opportunities for economic activity in Northern Uganda.”

Distributed by APO Group on behalf of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

 

Continue Reading

Business

ICIEC and the National Bank of Bahrain Sign Trade Finance Insurance Policies to Support Trade Across Member States

Published

on

The partnership underscores ICIEC and NBB’s shared commitment to expanding trade finance, strengthening cross-border trade flows, and deepening economic cooperation among Member States

BAKU, Azerbaijan, June 21, 2026/APO Group/ –The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, has signed a Bank Master Policy (BMP) and Documentary Credit Insurance Policy (DCIP) with the National Bank of Bahrain (NBB) on the sidelines of the IsDB Group 2026 Annual Meetings, held in Baku, Azerbaijan, from 16 to 19 June 2026.

 

Under these insurance policies, ICIEC will provide insurance cover for eligible trade finance transactions extended by NBB to entities located in ICIEC Member States and support the confirmation of letters of credit issued by banks in ICIEC Member States, helping facilitate cross-border trade while mitigating payment risks.

Resilient trade ecosystems require strong financial institutions, trusted partnerships, and effective risk mitigation

 

The partnership underscores ICIEC and NBB’s shared commitment to expanding trade finance, strengthening cross-border trade flows, and deepening economic cooperation among Member States. Through the provision of risk mitigation solutions, the agreement enhances confidence in international trade transactions, supports increased private sector engagement, and facilitates the efficient movement of essential goods and services across strategic markets.

 

Commenting on the agreement, Dr. Khalid Khalafalla, Chief Executive Officer of ICIEC, said: “Resilient trade ecosystems require strong financial institutions, trusted partnerships, and effective risk mitigation. These insurance policies with the National Bank of Bahrain bring these elements together, enabling greater confidence in cross-border transactions and expanding trade opportunities across ICIEC Member States. We are pleased to join forces with NBB in supporting businesses and facilitating the flow of trade that contributes to sustainable economic development.”

Distributed by APO Group on behalf of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

 

Continue Reading

Business

2025 Annual Report: ITFC oversaw US$9.35 billion in trade finance approvals and US$7.53 billion in disbursements

Published

on

In 2025, ITFC ranked Global #1 Bookrunner and Mandated Lead Arranger in the Bloomberg and LSEG Islamic Syndications League Tables

BAKU, Azerbaijan, June 20, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group has published its 2025 Annual Report, revealing US$9.35 billion in trade finance approvals, US$7.79 billion in intra-OIC trade financing and US$6.35 billion mobilised from partner institutions in 2025, underscoring its role in financing trade, energy and food security across across 144 operations in 25 member countries.

 

These figures brought cumulative approvals since ITFC commenced operations in 2008 to US$92.10 billion, with disbursements reaching US$77.70 billion. This showcases ITFC’s role in financing trade flows in member countries facing liquidity constraints, trade finance gaps and continued pressure on food and energy supply chains.

ITFC’s 2025 portfolio remained focused on sectors linked to trade continuity and economic activity:

  • Energy approvals reached US$6.47 billion, with financing directed towards fuel, electricity and energy sector needs in member countries
  • Food and agriculture approvals reached US$1.57 billion, assisting strategic commodity imports and food security requirements
  • Financial sector approvals reached US$1.20 billion, including lines of financing through financial institutions
  • Private sector trade finance approvals reached US$1.35 billion, bringing cumulative private sector financing since inception to US$19.60 billion

The report also records ITFC’s partner capital mobilisation during the year. ITFC mobilised US$6.35 billion from public and private sector partners, representing 68 per cent of total approvals. In 2025, ITFC ranked Global #1 Bookrunner and Mandated Lead Arranger in the Bloomberg and LSEG Islamic Syndications League Tables.

Trade development activity also formed part of ITFC’s 2025 delivery. The report outlines trade related technical assistance and integrated solutions initiative in member countries, in addition to programs including the Arab Africa Trade Bridges Programme, the Aid for Trade Initiative for Arab States 2.0, Trade Connect Central Asia Plus and the SMEs Program. These initiatives focus on export capacity, trade facilitation, regional economic cooperation and private sector readiness.

The report also confirms Moody’s reaffirmation of ITFC’s A1 long term foreign currency issuer rating and Prime 1 short term foreign currency issuer rating, with a stable outlook.

The 2025 Annual Report is available here (https://apo-opa.co/3QqV9v7).

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

Continue Reading

Trending

Exit mobile version