RTG sinks thousands on sustainability and CSR
Business Reporter
LEADING hotelier, Rainbow Tourism Group (RTG) has injected money running into thousands of dollars to advance its Corporate Social Responsibility (CSR) with a bias towards philanthropy and the environment.
Presenting the group’s performance for the year ended December 31 2021, RTG group chairperson Arthur Manase said during the review period .
He said the group’s sustainability reporting drive is not just centred on the reporting framework, but on infusing sustainable practices as a core strategic imperative.
“To this end, RTG has employed various measures in aligning operations with global sustainability principles. The Group’s commitment remains that of providing sustainable benefits for our stakeholders.
“The Group has commenced rolling out green energy initiatives as part of its sustainability strategy. The first project is the rolling out of a 300 KVA solar system at Kadoma Hotel and Conference Centre. The installation of the system commenced on the 1st of March 2022 and is expected to be commissioned during the second quarter of the year,” he said.
He said the project is part of the group’s strategy in driving renewable energy solutions to consistently provide power needs in line with the sustainability drive.
“During the period under review, the Group focused on the philanthropy and environmental pillars of the Corporate Social Investment strategy. The Group donated food stuffs and linen to selected institutions in the communities where it operates,” he said.
He said the group also hosted the Environmental Reporter of Year awards in partnership with Environment Africa. The Environmental Reporter Awards are a product of a long-standing partnership between Rainbow Tourism Group and Environment Africa.
“The main objectives of the Environmental Reporter Awards is to create awareness on the impact of civilisation on the planet as well as mitigations to reduce them. The awards reward excelling environmental reporters, and encourages them to objectively and diligently report on topical matters about the environment,” he said.
During the period ,the group posted revenues of ZW$2,8 billion with historical ZW$2,4 billion in 2021 against ZW$2,4 billion historical ZW$740 million in 2020 which is a 17% growth compared to prior year.
