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Cheval Collection

Sustainability

Cheval Collection’s sustainability policy is an extension of our core values and beliefs. Its aim is to demonstrate, for guests, for our team and for our suppliers, our on-going commitment to managing our environmental impact and to continually working on ways to improve and enhance our surroundings.

Cheval Collection’s five-year roadmap for ESG (Environment, Social, Governance) includes a series of targets around key focus areas, including waste monitoring, carbon emissions, employee well-being, supply chain management and resource consumption. We have engaged with partners active in this space to set up a monitoring framework throughout 2023, and, once this data is available and measurable, will be committing to reduction and improvement targets throughout 2024. This page will be updated with more information as our approach to ESG evolves.

They key objectives of Cheval’s ESG strategy in place are to:

Minimise waste by evaluating operations and ensuring they are as energy efficient as possible
Minimise emissions through the selection of renewable sources of energy
Minimise energy consumption through building management systems optimisation.
Actively promote recycling, both internally and amongst guests and suppliers
Source and promote a product range with a minimal environmental impact
Meet or exceed all the environmental legislation that relates to the company
Ensure the wellbeing of our guests and employees correlates with Company sustainable activities
Promote corporate responsibility regarding the environment and community impacts

All gas appliances in the residences’ kitchens have been replaced with electric induction models
All mechanical and electrical plants are monitored by building energy management systems (BMS)
BMS systems are optimised to achieve maximum efficiency to reduce energy
Electricity is procured from renewable energy. This is monitored through our incumbent energy advisors
Lighting in all public areas is kept to a minimum and wherever possible we introduce occupancy sensors
All new properties are specified to be 100% LED. Older properties have invested in LED lighting retrofitting
To reduce the amount of water used, we have installed low flow rate shower heads, pressure reducing systems, efficient toilet flush systems and aerators on taps. Our water quality is regularly checked to make sure it conforms with Legionnaires Disease prevention regulation
Larger properties are equipped with grey water harvesting systems which is utilised for toilet flushing

All waste is disposed of in accordance with the relevant legislation depending on type (recyclables, WEEE etc.)
We work with ‘Zero waste to landfill’
We are moving away from single use toiletries to cut down on plastic waste
Recycling in apartments and offices has been introduced; guests and colleagues are encouraged to participate
We have seen a reduction of paper waste by reducing printing, upgrading software for maintenance and housekeeping and introducing electronic filing requirement for offices
We use environmentally friendly chemicals
In our properties linens are changed only every 3^rd day
We order in bulk ordering to reduce delivery emissions

New properties are specified with electrically heated water and heating based on VRV systems instead of natural gas
Air conditioning systems are equipped with refrigerant leak detection
We encourage our guest to use electric vehicles through installing EV chargers in most of our properties
All paints and other maintenance chemicals are water based with low voe levels
To ensure wellbeing of our guests and employees, we will be introducing formaldehyde free furnishings and air pollution inhibiting paints for new projects

The Company engages with number of local charities
All employees are encouraged to actively support their local communities, for example with food collections and winter clothing donations

Green Procurement Policy

Cheval Collection recognizes the importance of environmental responsibility and sustainability in our business operations. This Green Procurement Policy outlines our commitment to making environmentally conscious procurement decisions for our 5-star luxury apartments.

Cheval Collection Ltd. is committed to leading the service apartments industry in minimising the impact of its activities on the environment.

Our sustainability policy is an extension of our core values and beliefs. Its aim is to demonstrate – for guests, staff, and suppliers our on-going commitment to reducing our negative environmental impact and enhancing our surroundings.

Our focus is and will always be, that we will always strive to improve, ensuring that we deliver the highest quality and remain a sustainability-conscious business.

The key points of its strategy to achieve this are:

Minimise waste by evaluating operations and ensuring they are as energy efficient as possible

Minimise emissions through the selection of renewable sources of energy
Minimise energy consumption through building management systems optimisation
Actively promote recycling both internally and amongst its guests and suppliers
Source and promote a product range to minimise the environmental impact
Meet or exceed all the environmental legislation that relates to the Company
Ensure the wellbeing of our guests and employees correlates with Company sustainable activities
Corporate responsibility in regard to environment and community

Company examples of this are:

Utilities

All gas appliances in the residences’ kitchens have been replaced with the electric induction models
All mechanical and electrical plants are monitored by building energy management systems (BMS)
BMS systems are optimised to achieve maximum efficiency to reduce energy consumption
Electricity is procured from renewable energy providers. This is monitored through our incumbent energy advisors
Lighting in all public areas are kept to a minimum and wherever possible we introduce occupancy sensors
All new properties are specified to be 100% LED lighting. Older properties have invested in LED lighting retrofitting
To reduce the amount of water used, we have installed low flow rate shower heads, pressure reducing systems, efficient toilet flush systems and aerators on taps. Our water quality is regularly checked to make sure it conforms with Legionnaires Disease prevention regulation
Larger properties are equipped with grey water harvesting systems which is utilised for toilet flushing

Waste Management

All waste is disposed of in accordance with the relevant legislations dependent on type (recyclables, WEEE etc.)
We work with ‘Zero waste to landfill’ companies

We are moving away from single use toiletries – plastic waste reduction
Recycling in apartments and offices has been introduced; guests and colleagues are encouraged to participate
Reduction of paper waste by reducing printing – software for maintenance and housekeeping; electronic filing requirement for offices
Environment friendly chemicals
Linen change only every 3^rd day
Bulk ordering to reduce delivery trips

Air and water pollution control

New properties are specified with electrically heated water and heating based on VRV systems instead of natural gas
Air conditioning systems are equipped with refrigerant leak detection
We encourage our guest to use electric vehicles through installing EV chargers in most of our properties
All paints and other maintenance chemicals are water based with low VOC levels
To ensure wellbeing of our guests and employees we will be introducing formaldehyde free furnishings and air pollution inhibiting paints for new projects

Community engagement

The Company engages with number of local charities
All employees are encouraged to actively support local communities (i.e. food collections, winter clothing donations for charities etc.)

To enable us to do this we shall provide adequate resources to ensure the highest possible standards of sustainability are achieved within the organisation.

We recognise that our employees play an integral part in the provision of a sustainable workplace and undertake to provide such information, training, and supervision as they need for this purpose. In addition, we shall consult with our employees on matters affecting environmental impact.

We shall provide and maintain energy efficient plant and equipment as well as ensuring use of non-toxic substances in order to minimise emissions and prevent pollution.

The responsibilities for sustainability are important and the arrangements that we have made are set out in this policy.

This policy will be kept up to date, particularly as the business changes in nature and size. To ensure this, the policy and the way in which it is operated, will be reviewed and re-signed every year.

Purpose and Commitment:

Policy Scope:

This policy applies to all procurement activities undertaken by Cheval Collection, encompassing goods, services, and materials used in the daily operations of our luxury apartments.

Principles:

3.1 Environmental Criteria:

Prioritize the selection of products and services that have a lower environmental impact throughout their lifecycle.

Consider factors such as energy efficiency, recyclability, and use of sustainable materials when making procurement decisions.

3.2 Local and Sustainable Sourcing:

Give preference to local suppliers and manufacturers to reduce transportation-related carbon emissions.

Prioritize suppliers with recognized sustainability certifications and practices.

3.3 Energy-Efficient Products:

Choose energy-efficient appliances and equipment as per the Cheval Collection brand standards for use in our luxury apartments to minimize energy consumption,

3.4 Waste Reduction:

Select products with minimal packaging or preferably packaging made from recyclable/Recycled materials.

Prioritize suppliers who implement waste reduction initiatives in their manufacturing processes.

Implementation:

4.1 Supplier Engagement:

Communicate our commitment to green procurement principles with existing and potential suppliers.

Encourage suppliers to adopt sustainable practices and provide information on our expectations regarding environmentally friendly products.

4.2 Employee Training:

Train employees involved in the procurement process to make informed decisions based on the principles outlined in this policy.

Foster a culture of environmental awareness and responsibility among staff members.

4.3 Regular Review and Improvement:

Regularly review the effectiveness of this policy and adjust as needed.

Seek feedback from employees and stakeholders to identify opportunities for improvement in our green procurement practices.

Reporting:

5.1 Documentation:

Maintain documentation of all procurement decisions, emphasizing the environmental criteria considered during the selection process.

Keep records of the performance and sustainability certifications of suppliers.

5.2 Annual Sustainability Report:

Include a section on green procurement in our annual sustainability report, highlighting achievements and areas for improvement.

Compliance:

6.1 Monitoring:

Implement a monitoring system to ensure compliance with this Green Procurement Policy, implement a supplier green assessment form for supplier selection.

Conduct periodic audits to assess adherence to environmental criteria in procurement decisions.

6.2 Consequences of Non-Compliance:

Establish consequences for non-compliance with this policy, including corrective actions and potential termination of contracts with suppliers who consistently fail to meet sustainability standards.

Communication:

Effectively communicate our commitment to green procurement to employees, suppliers, and guests through various channels, including our website, newsletters, and in-house communications.

Review and Update:

Review and update this Green Procurement Policy as needed to ensure its continued relevance and effectiveness in meeting our sustainability goals.

This Green Procurement Policy reflects our dedication to sustainability, environmental responsibility, and the overall well-being of our community and the planet. All employees and stakeholders are expected to support and adhere to this policy.

Utilities

Waste management

Air and water pollution control

Community engagement

Green Procurement Policy

Dubai

Edinburgh

London