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WWF and Fairmont Join Forces to Address Climate Change

WWF and Fairmont Join Forces to Address Climate Change

Published 01-10-08

Submitted by Fairmont Hotels & Resorts

TORONTO, ONTARIO -- (MARKET WIRE) -- 01/10/08 -- WWF, the global conservation organization, today announced a partnership with Fairmont Hotels & Resorts (Fairmont), an environmentally progressive hospitality company, to combat climate change.

At the heart of this new partnership, WWF and Fairmont will work closely over the coming months to measure the hotel group's current
CO2 footprint according to UN protocol, set a world-class CO2 reduction target by June 2008, thereby becoming a member of WWF's global Climate Savers program, and develop a Fairmont-wide emission reduction plan. In addition, WWF and Fairmont will raise awareness about the need to lower absolute CO2 emissions among policy makers, consumers, and employees to stimulate market transformation. Fairmont expects to reduce its emissions through improved energy efficiency, increased conversion to renewable energy supply, promoting conservation practices among its colleagues, and will continue to share best practices with other companies committed to environmental protection.

"Travel is one of the key drivers of the world's economic engine. But with international trips expected to top 1.5 billion by 2020, carbon dioxide (CO2) emissions released into our atmosphere are growing unacceptably," said Mike Russill, President and CEO of WWF-Canada.
"As a global player in the hotel and tourism sector, I applaud Fairmont's leadership in tackling the single largest environmental issue facing the planet - global warming. WWF will work alongside Fairmont to set an ambitious absolute emission reduction target, develop specific plans to lower its CO2 footprint and challenge others in the sector to follow suit."

"As a pioneering voice on responsible tourism in the hotel industry, Fairmont has always embraced its role as an environmental ambassador and has encouraged others to follow its lead," said Chris Cahill, Fairmont's President & C.O.O. "In the evolution of our environmental programming, Fairmont continues to seek out new ways in which to make a discernable impact and are pleased to be the first global hotel brand to partner with WWF to tackle climate change. WWF shares our passion, accountability and commitment to the environment, and to achieving significant CO2 reductions at our operations worldwide."

For close to two decades, Fairmont has strived to minimize its impact on the planet through its award-winning Green Partnership program, a comprehensive platform focused on key areas such as waste reduction, energy management, water conservation, and innovative community outreach programs. In a sign of corporate leadership, the company also encourages others to follow in its footsteps and has developed the Green Partnership Guide, a how-to text that any company can obtain to create or grow their environmental programming.

About WWF

For more than 45 years, WWF has been protecting the future of nature. The largest multinational conservation organization in the world, WWF works in 100 countries and is supported by 1.3 million members in North America and close to 5 million globally. WWF's unique way of working combines global reach with a foundation in science, involves action at every level, from local to global, and ensures the delivery of innovative solutions that meet the needs of both people and nature.

WWF is dedicated to avoiding dangerous climate change by advocating and advancing policy and practical measures to reduce carbon dioxide (CO2) emissions. WWF is partnering with leading corporations as part of its Climate Savers program to establish ambitious voluntary targets to reduce their CO2 emissions. By 2010, Climate Savers companies will have reduced their CO2 emissions by over ten million tons each year, the equivalent of taking 2 million cars off the road.
To learn more, please visit www.panda.org.

About Fairmont Hotels & Resorts

A leader in the global hospitality industry, Fairmont Hotels & Resorts is an extraordinary collection of luxury hotels that truly reflect the essence of their destination. Featuring iconic landmarks like The Fairmont San Francisco, The Fairmont Banff Springs, and London's Savoy, Fairmont hotels are more than a place to stay; they are one-of-a-kind properties where sophisticated travelers can discover storied life experiences. Situated in some of the most exclusive and pristine areas in the world, Fairmont locations provide access to activities that are culturally rich and authentically local. From inviting beaches and tranquil spas to challenging golf courses and exhilarating ski hills, guests can fulfill their lifelong desires at Fairmont. With an enduring connection to the land and communities where we do business, Fairmont is also committed to responsible tourism and is an industry leader in sustainable hotel management with its award-winning Green Partnership program. With over 50 distinctive hotels, and more than 20 properties currently in development, Fairmont is committed to growing its portfolio of world-class hotels and plans to add properties in coveted international destinations like Cairo, Shanghai, Dubai, and Beijing over the next few years.

Fairmont is owned by Fairmont Raffles Hotels International, a leading global hotel company with over 80 hotels worldwide under the Raffles, Fairmont and Swissotel brands. The company also owns Fairmont and Raffles branded Residences, Estates and luxury private residence club properties. For more information or reservations, please call
1-800-441-1414 or visit www.fairmont.com.

Fairmont Hotels & Resorts logo

Fairmont Hotels & Resorts

Fairmont Hotels & Resorts

Featuring a collection of fabled castles, secluded lodges, storied meeting places and modern retreats, Fairmont Hotels & Resorts opens the doors to some of the world's most celebrated addresses. With locations throughout ten countries, our 51 distinctive hotels - including The Fairmont San Francisco, The Fairmont Banff Springs and London's Savoy - promise travelers rich experiences and lasting memories in unparalleled settings. Committed to growing its portfolio of world-class hotels, Fairmont will soon reflag five hotels in Kenya and anticipates the 2007 re-opening of New York's famed Plaza Hotel. Future Fairmont Hotels & Resorts also include locations in Cairo, Turks & Caicos, Abu Dhabi and Dubai's Palm Island. Fairmont Raffles Holdings International owns and operates 120 hotels worldwide under the Fairmont, Raffles, Swissé´tel and Delta brands. For more information or reservations, please call 1-800-441-1414 or visit www.fairmont.com.

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