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The publish Transforming tourism by measuring its sustainability appeared first on TD (Travel Daily Media) Travel Daily.
One hundred consultants from around the globe had gathered at UNWTO Headquarters to develop the subsequent normal for Measuring the Sustainability of Tourism (MST). The international MST effort responds to the pressing want for steering to provide extra credible and comparable knowledge on the position of tourism for individuals, planet and prosperity. The knowledge framework will empower coverage makers and the non-public sector to form modern insurance policies and remodel enterprise fashions.
Governments, companies and customers require clear and dependable metrics. These have to be produced in a harmonized method to benchmark efficiency, talk progress, streamline coverage, and be sure that motion on the bottom is aligned with broader coverage ambitions. Launched in 2016 by UNWTO in partnership with main international locations, the International Labour Organization and the United Nations Statistics Division, Measuring the Sustainability of Tourism embodies tourism’s response to maneuver Beyond GDP.
At its third assembly the Expert Group – composed of Ministries, Statistical Institutes, subnational authorities, academia and personal sector – adopted an bold roadmap to step up efforts in direction of the finalization of the Statistical Framework for Measuring the Sustainability of Tourism, and its endorsement as the brand new measurement normal for the sector. Record participation, with representatives from 28 international locations (together with 6 non UNWTO Member States), reveals that MST is extra essential than ever.
MST Pilots
A Symposium on Country Experiences, held back-to-back with the Expert Group assembly, showcased pioneering work by international locations and subnational locations. On this event, UNWTO additionally launched the publication Measuring the Sustainability of Tourism: Lessons from pilots. MST pilots display that it’s doable to measure in a comparable manner the completely different of parts that comprise tourism’s sustainability – from environmental, to social to financial features – with a single built-in framework.
ESG Reporting
In collaboration with the Oxford University SDG Impact Lab, and below the umbrella of MST, UNWTO launched the event of a framework for Environmental, Social, and Governance (ESG) reporting for tourism companies.
The publish Transforming tourism by measuring its sustainability appeared first on Travel Daily.
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