Combining d2o's PMI GoGreen environmental
management tool and BeCause's sustainability data management
platform offers hotels the only CSRD compliance solution rooted in
efficiency and profitability.
NICE, France, May 22, 2024 /PRNewswire/ -- BeCause, the Danish
start-up transforming how the global hospitality, travel, and
tourism industries manage their sustainability data, has partnered
with d2o, a leading forecasting and resourcement management
technology provider for the hospitality industry, to create a
comprehensive Corporate Social Responsibility Directive (CSRD)
solution for hotels. The collaboration unites the BeCause
Sustainability Hub with d2o's PMI GoGreen suite of prediction,
targeting, tracking, and allocation tools to create an auditable
CSRD reporting solution that goes beyond compliance to boost
efficiency and profits. The partnership was announced yesterday at
the World Sustainable Hospitality Alliance Spring Summit in
Nice, France.
By joining forces, BeCause and d2o have taken a giant leap
toward building a viable, valuable ecosystem between the hotel
industry and technology providers that leverages the power and
potential of daily sustainability data management. CSRD compliance
is just the starting point; BeCause and d2o are demonstrating that
with the right technology, sustainability initiatives can drive
operational efficiency and profitability for hotels around the
world.
"As an inventor and entrepreneur, it is a dream come true to
have a product that fully meets the needs of our customers'
stakeholders, including owners, guests, staff, authorities, and
local communities," says d2o CEO Young
Nguyen. "The partnership between d2o and BeCause will
enhance the hotel industry's ability to transform a costly
compliance challenge into a business opportunity. We call this
partnership PMI GoGreen BeCause… because the hotel industry and the
planet require a comprehensive solution to address a complex
issue."
Going Beyond CSRD Reporting and Compliance
As a result of this partnership, the PMI GoGreen tools will be
seamlessly integrated into the BeCause platform. This integration,
facilitated by an API, allows for the sharing and mapping of data,
making it reusable for CSRD reporting. This not only simplifies the
compliance process for hotels but also ensures accuracy and
auditability at the activity level, meeting financial-grade CSRD
reporting standards.
However, the joint solution goes beyond compliance and
reporting. By centralizing data within the BeCause platform and
applying the integrated PMI GoGreen tools, hotel chains gain
visibility into which individual properties are meeting their
targets for reducing CO2 emissions, energy consumption, water usage
chemicals, waste, towels & linens, and food waste. The combined
solution also utilizes machine learning algorithms and predictive
analytics to identify those targets and help properties optimize
resource usage to meet them amidst daily fluctuating demand. System
integration service ensures seamless interoperability between the
BeCause Sustainability Hub, PMI GoGreen tools, and various internal
hotel systems, including property management, point-of-sale, table
reservations, sales and catering, timekeeping, and more.
These combined capabilities allow hotels to increase
efficiency—hotels are projected to reap 12-15% in resource
savings—cultivate ownership among frontline managers, showcase
their sustainability efforts to travelers, and, of course, meet
their CSRD compliance obligations.
"We believe in the power of ecosystems, and by partnering
with d2o, we've built a particularly effective one," says
BeCause CEO and Co-founder Frederik
Steensgaard. "Not just in terms of helping hotels reach
CSRD compliance, but by using the combined capabilities of our
solutions to address everyday issues that impact their margins and
organizational effectiveness. Why should compliance and reporting
be a cost-heavy headache for hotels when it could be driving
profitability and operational efficiency?"
An Efficient Solution Specifically Designed for
Hospitality
BeCause is a purpose-built, AI-powered hub that centralizes a
hotel's sustainability data and automates the transmission of that
data amongst different stakeholders, such as travel and
accommodation booking marketplaces and industry certifications.
Additionally, once a hotel enters its data into the BeCause
platform, it can be upcycled and automatically mapped to multiple
frameworks, making qualifying for voluntary green certifications
faster and more efficient while ensuring regulatory compliance.
The PMI GoGreen suite of tools developed by d2o enables
hospitality groups to achieve their long-term environmental goals
by breaking them down into monthly targets tailored to each
property's attributes and seasonal variations. Each hotel's future
targets are dynamically adjusted based on progress, ensuring the
consistency of the group's end goal. Individual hotels and hotel
chains can track their progress with forward looking data-based
indicators and utilize predictive analytics to optimize resource
allocation, minimize waste, and cut operating costs.
The combined PMI GoGreen BeCause solution leverages these
capabilities to deliver at least 100% ROI for hotels that
implement it. The solution will undergo a phased roll-out through
the summer of 2024 before formally launching in September.
For more information about BeCause, d2o or the partnership, or
to request an interview, please contact: Vanessa Horwell at
vhorwell@thinkinkpr.com for BeCause CEO and Co-founder,
Frederik Steensgaard or Young Nguyen young@d2o.com for
d2o, Founder and CEO.
About BeCause
BeCause is an enterprise software company that streamlines the flow
of sustainability data and creates synergies between different
stakeholders in the travel, tourism, and hospitality industries,
empowering them to make decisions that result in positive,
responsible change for people, the planet, and their profits.
BeCause works with over 25,000 hotels, including brands like
Radisson, certification entities like GreenKey, industry partners
like the Global Sustainable Tourism Council and the SHA, and
marketplaces like Booking.com. For more information, visit
because.eco.
About d2o and PMI GoGreen
Founded in Norway and built on Scandinavia's legacy of
employee well-being and sustainability, d2o has over 20 years of
experience helping clients optimize resources for maximum profit
while navigating high-cost environments. The company's PMI GoGreen
Environmental Management System (EMS) empowers hotel managers to
surpass compliance and achieve true sustainability. Leveraging
auditable data, predictive analytics, and hotel demand, PMI GoGreen
reduces CO2 emissions and the usage of critical resources like
energy, water, and food and transforms hotel sustainability
obligations into a profitable, cross-functional endeavor. For more
information, please visit
www.d2o.com/sustainability-gogreen-with-pmi-by-d2o/.
View original
content:https://www.prnewswire.co.uk/news-releases/because-and-d2o-team-up-to-create-first-of-its-kind-csrd-solution-for-the-travel-and-hospitality-industries-302152291.html