The Sustainable Hospitality Alliance s newly formed Standing Committees are taking decisive steps towards resolving one of the industry s most challenging issues - harmonising industry metrics and streamlining reporting and benchmarking in sustainability. The Alliance s CEO, Glenn Mandziuk, believes that the industry could achieve a shared definition on standards and certification as early as next year.
The Sustainable Hospitality Alliance s global summit concluded with a resounding commitment to propel the Pathway to Net Positive Hospitality as part of its 5-year strategy. Convening world-leading hotel brands, suppliers, and partner organisations participants united to accelerate aligned action, recognising the pressing need for progress from both a people and planet perspective.
In May, KiwiSaver providers will find out which get to keep their lucrative default status. In November, default funds will change from being low-risk funds to higher-risk funds holding more growth assets such as shares.
Savers can expect a cascade of KiwiSaver fee cuts from the Government s clever use of “game theory” in the Covid-delayed review of default providers, one KiwiSaver provider has said. In May, the Government will announce which of the nine current default KiwiSaver providers get to keep the status. This means they are allocated a share of savers joining KiwiSaver who do not choose a provider for themselves.