ASM Global, through its corporate social responsibility platform, ASM Global Acts, and in partnership with Honeycomb Strategies, has announced its plan to convert its portfolio into ‘the most sustainable venues on Earth’.
Beginning this year ASM Global will dedicate resources to tracking its measurable results – intended to reflect that scale and create a substantial collective impact on every continent it operates.
The company already has a large collection of certified green venues, with over 40 and growing throughout the portfolio.
On the announcement, ASM Global President and CEO Ron Bension said, “Our current portfolio of LEED-certified venues has set the standard. This entire program will be integrated into all of the relationships with our existing and future clients as part of our intrinsic ASM Global DNA.”
Commitments
ASM Global has committed to the following for all its venues:
1) Reduce energy consumption by 25% by 2030 from the baseline year (2023).
2) Achieve 20% of all energy consumed through renewable energy sources by 2025.
3) Carbon neutral by 2050.
4) Divert over 50% of waste overall by 2025.
5) Eliminate single-use plastic in front of house by 2025.
6) Reduce water consumption by 25% by 2030 from the baseline year (2023).
7) Award 50% of its reportable spend to suppliers adhering to its environmental purchasing policy by 2030.
8) Increase plant-based menu options by 35% by 2024 within Savor (ASM Global’s food division) venues.
Decrease food waste by 75% by 2026 within Savor venues. Lindsay Arell, one of Honeycomb Strategies’ two principals, said, “We’ve selected a group of pilot venues across size, type and continents that have begun reporting against the goals. The aim is to add additional venues at a fast pace to obtain important baseline information for 2023.”
ASM Global has partnered with WeTrack, a SaaS company that provides planning, sustainability goals and operations solutions. The WeTrack system has been developed to help customers track progress on sustainability, ESG and CSR initiatives.
Venue ambassadors will each have a system set up for them with common indicators that ASM Global wants to track, along with venue goals specific to the community in which they operate.
