Sustainability Karma

India's first and only show on sustainability on All India Radio

Union Budget 2025-26 Expectations

Green certificates not only help reduce environmental impact but also offer companies a competitive advantage: Sandeep Singh of Rubystone hospitality

Budget 2025: Companies that obtain sustainability certifications may receive marketing benefits that help them draw in eco-aware customers and grow their market share.

The hospitality industry is expected to pay more attention to sustainability issues as an expectation for the 2025 interim budget approach, in line with guest preferences for green practices and global environmental goals. The hotel sector is becoming more and more businesses may be urged to reduce their usage of single-use plastics and concentrate on reusing products whenever feasible as part of the transition to a circular economy.

Furthermore, government assistance or financial incentives for the creation and deployment of sustainable waste management systems could be linked to trash reduction initiatives. Sustainable purchases of food and food are another important field of waiting.

Companies in the hotel industry anticipate that consumers know the effects of environmental solutions, so the pressure of purchasing food and products from stable sources is increasing. This can lead to a priority on stable objects, materials, and local products to reduce carbon traces related to transportation. As a result, the industry will probably be tempted to reduce food waste. Government incentives are expected to include improving inventory management procedures, minimising food waste, and implementing food donation initiatives to reduce waste and support charities.

The hospitality industry can also be encouraged to accept the standards of a green building with an emphasis on stable construction methods and water-saving technologies. Government grants or tax benefits can be provided for hotels, restaurants, and other establishments that adhere to green buildings, such as LEED (leadership in the field of energy and environmental design) or BREEAM (method for evaluating environmental research on construction). These green certificates not only help reduce environmental impact but also offer companies a competitive advantage in an increasingly environmentally conscious market.

Environmental performance transparency ought to be a key component as well. Additionally, companies that obtain sustainability certifications may receive marketing benefits that help them draw in eco-aware customers and grow their market share.

All things considered, the pre-budget expectations for the hospitality sector in 2025 are probably going to focus on lowering environmental impact, increasing efficiency, and developing a sustainable business model that fits with both governmental goals and the growing demand for ethical travel and consumption.