ENVIRONMENTAL AND SUSTAINABLE DEVELOPMENT POLICY
Since 2007, Société des Bains de Mer (S.B.M Group) has been involved in a wide range of measures for the preservation of the environment by the establishment of a Sustainable Development Charter, which had expanded over the years.
In 2019, S.B.M Group signed its third Sustainable Development Charter called « Go Sustainable » including 30 concrete commitments by 2022 in 8 specific areas:
S.B.M Group also signed in 2019 the National Pact for Energy Transition of Monaco, with commitments concerning:
The challenge is now, especially face to climate change, to reduce our greenhouse gas emissions by 55% by 2030 compared to 1990 levels and to achieve carbon neutrality by 2050.
Therefore, preserving the environment is an important issue for S.B.M Group and also an important part of its development strategy.
This commitment is reflected by the Green-Globe certification of the S.B.M Group’s 4 hotels, the Thermes Marins Monte-Carlo and the Café de Paris.
The Thermes Marins Monte-Carlo, certified since January 2016, also obtained the Green Globe Gold Standard level in 2020, which constitutes a significant recognition among Green Globe certified spas in the World.
Despite the health crises, all the S.B.M Group establishments have renewed their Green-Globe certifications.
The headquarters of the S.B.M Group, the One Monte-Carlo conference center and the Monte-Carlo Casino should be certified in 2021 and 2022.
In addition, the Elsa restaurant at the Monte-Carlo Beach has been certified « Ecocert level 3 » since 2013 with a carte of meals made only of organic ingredients. This approach involves the purchase of local and organic products by promoting partnerships with local producers, ensuring products of the most optimal quality.
The important construction and renovation works and the investment projects are no exception to this strong commitment to preserving the environment since the renovation of the Hotel de Paris and the construction of the One Monte-Carlo conference center, achieved in 2019. These works were carried out under the BREEAM standard (BRE Environmental Assessment Method). It is the most widely used reference system in the World, for the evaluation of its design choices and new work.
Strict and rigorous compliance with the certification criteria and external audits carried out constitute a tangible assurance for third parties and, in particular, international clients of S.B.M Group.
To meet expectations of its clients, the S.B.M Group promotes responsible food purchases with a priority to local and seasonal products and the development of local vegetable gardens.
Finally, the S.B.M Group carries out many actions in favor of biodiversity in the Principality of Monaco: tree trails, installation of beehives, support provided to the marine environment, membership of the association Beyond Plastic Med (BeMed) aimed at reducing the use of plastic, creation of an LPO refuge (League for the Protection of Birds refuge) …
S.B.M Group confirms its intention to intensify its efforts and a fourth Sustainable Development Charter 2022-2026 will be published in the next Extra-Financial Performance Declaration.
All the commitments and results of S.B.M Group in environmental matters and sustainable development are detailed and available in S.B.M Group’s Extra-Financial Performance Declaration published in the Universal Registration Document.