Table of Contents

01 Leadership Statement

02 About Us

05 Materiality

07 Stakeholder Engagement

09 Environment

21 Governance

23 Social

29 Sustainability Highlights

Reethi Faru Resort Sustainability Report 2020 LEADERSHIP STATEMENT

Going back a long time, when the adverse impact of human activity recovery, our energy footprint is very low. We have successfully on the environment began to be globally recognised, I became reduced our plastic consumption by shifting to more eco- conscious that each one of us had a responsibility towards the friendly alternatives like glass and paper, the yield of produce in environment. That’s when I decided never to be a free rider where our vegetable garden is supported by a hydroponic system and nature and environment were concerned, and I felt that it was an coral propagation projects have been consistently advanced. obligation for each one of us to be sensitive to nature around us In 2020 and beyond, we will maintain our sustainability and preserve it for posterity. As climate change is happening and initiatives and continue our search for alternatives to further becomes ever more perceptible and the planet is under immense reduce our impact on the environment. We will strengthen pressure, it is imperative that we take action now to reduce our our commitment to preserve and protect the marine negative impact on the environment in every way possible. environment and reach out to neighbouring islands and For me, operating in a surrounding such as was not only resorts to support community programmes and NGOs. a privilege and a source of great satisfaction but I believed it also In today’s challenging climate, the world needs organisations came with the responsibility to support the protection of its fragile and businesses to lay importance on sustainable living. We are 1 beauty through sustainable practices and marine conservation. dedicated to take this route and work towards spearheading At Reethi Faru we combine sensible luxury with these values green practices together with our guests, partners and colleagues. and also put across this message to all our stakeholders. Our guests and staff are made aware of our initiatives and they are encouraged to participate in various educational and environmental activities; partners from the industry and the local community are supported in their own environmental campaigns; suppliers are inspired to balanced operations. So far, we have made good progress on our long-term sustainability goals. Reethi Faru became a member of Green Pearls and received the Travelife Gold Certification (a leading certification initiative for tourism companies committed to Vir K Chopra (Ph.D.) reaching sustainability). We expanded our solar power installation Managing Director and reached a capacity of 1MW (peak), making us one of the major producers of renewable energy in the country. With virtually all lights on the island LED and hot water produced through energy

Reethi Faru Resort Sustainability Report 2020 2

ABOUT US

Mahogany Pvt. Ltd. was registered as a company in August 2005 and is now one of the leading operators and developers of premium resorts in the Maldives, with Reethi Faru Resort a celebrated award winning in the luxury segment since 2017 and two new properties slated for opening in 2021.

The scope of this report is to present the sustainability performance of Reethi Faru Resort. Information on our financial performance can be found in our annual financial report.

Reethi Faru Resort Sustainability Report 2020 HIGHLIGHTS OF RESORT Reethi Faru Resort

Island measures Reethi Faru Resort is located on the private island of Filaidhoo in . It is a Bio Luxury island with a house reef just 30m from the shore. With a focus on sustainable luxury, the resort 600 m x 350 m promotes its vision of being the guardian of the island and conserving the natural beauty of the island by sustaining the ecosystems upon which the fragile coral reef relies.

Fully furnished villas 150

Restaurants 6

3

Bars 6

Team Members 347

Dive Center, Water Sports Center, Spa, Environmental & Marine Center

Reethi Faru Resort Sustainability Report 2020 Our Core Values The company considers all stakeholders involved in the resort operations as valuable partners to our company. We believe in our role as caretakers of the island and work tirelessly to ensure that eco-friendliness and sustainability remain at the heart of our venture.

A main deciding factor when selecting the island to create Reethi Faru Resort was the healthy house reef and its thriving ecosystems and we have gone to great lengths to keep our impact to a minimum during the development of the resort. The layout of the property was the result of over a year of monitoring and analysis and the construction was carried out strictly following all environmental guidelines and policies.

Mission We believe that we must contribute through our actions what we can to safeguard and enhance the ecosystem around us. This always should and will get the highest priority from us.

4 vision Our vision is to provide an eco-friendly destination with the experience of being close to nature along with a high quality of service to our guests. And our operational team will always strive to deliver more than what was promised.

our brand pillars The main brand pillars of Reethi Faru focus on the following demographics:

Romantic travellers Families Active travellers Eco-conscious travellers

Reethi Faru Resort Sustainability Report 2020 MATERIALITY

Our materiality assessment ad disclosures in this report are based on the guidance provided by the GRI (Global Reporting Initiatives) standards.

Reethi Faru Resort works towards focusing our sustainability strategy and initiatives to issues we find most material to our business and all our stakeholders. We use the concept of materiality to drive investments, deliver value to our stakeholders and disclose our performance.

5 Process and Approach

In order to determine our top material issues, we conducted a materiality workshop and detailed review exercise, incorporating inputs from multiple stakeholders. A comprehensive list of 18 material topics were included in the materiality assessment, and the issues were evaluated based on potential impact to our business and the importance of each topic to our stakeholders – including the opinion of our external stakeholders such as suppliers, customers, governments and local organizations. We have also incorporated inputs from detailed ESG (Environment, Social and Governance) and sustainability reporting trend analysis of the tourism sector.

Reethi Faru Resort Sustainability Report 2020 Our 2019 materiality matrix

The materiality assessment resulted in identifying the top 17 material issues, which are plotted on a matrix that categorizes each issue into low, medium and high. The illustration below is a snapshot of our medium and high material issues. For the purpose of this report, we will be focusing our disclosures on those material topics identified as having both a ‘High’ impact on our business and a ‘High’ level of stakeholder concern.

Medium High

Employee Customer Biodiversity / Marine Health & Safety Satisfaction Conservation

Sustainable Sourcing Energy Climate Change Compliance & Regulation Waste Water & 6 Ethics & Waste Water Anti-corruption Human Rights Labor Practices Diversity High Non-Discrimination Employee Engagement Community Engagement IMPACT ON REETHI FARU RESORT ON REETHI FARU IMPACT Medium

Local Economic Impact

IMPORTANCE TO STAKEHOLDERS

Reethi Faru Resort Sustainability Report 2020 STAKEHOLDER ENGAGEMENT

OUR KEY

Guests STAKEHOLDERS Reethi Faru Resort has integrated customer engagement along with sustainability so deeply that it forms an integral part of our business strategy. A few examples on customer engagement on sustainability: One of our key brand pillars is ‘eco-conscious’ travellers. All guests have access to ‘Eco Tours’ at the resort: an awareness 7 building tour on our sustainability and conservation initiatives. Engage customers in Reethi Day activities

The Team Reethi Faru Resorts sees its team memebers at the core of our business. We work towards ensuring that our employees are engaged, feel motivated and are involved in all our sustainability efforts.

We provide trainings for our colleagues on sustainability awareness, waste segregation, marine conversation, health and safety and much more. Our employees are at the center of Reethi Day activities such as reef and beach clean ups, tree planting, and other activities.

Reethi Faru Resort Sustainability Report 2020 Suppliers Wherever possible we strive to ensure local procurement and to support small local businesses. We also aim to align our suppliers to our sustainability strategy and work towards securing more sustainable supply chains that have minimal impact on the environment. We see this as critical especially for companies in the hospitality sector. Currently, we share our sustainability and environmental policies with our suppliers.

Global Organizations We collaborate and partner with a number of global organizations that support our commitments to environmental protection, particularly in the field of marine 8 conservation. We also participate in platforms and events where organizations come together to share knowledge and drive collective action. Examples of these global Government organizations that we engage with include: Reethi Faru Resort engages with the Maldivian government in The Manta Trust: A UK based charity, formed to various ways. In addition to ensuring compliance to regional co-ordinate global research and conservation efforts and local regulation, we participate in many government run for mantas. sustainability initiatives. For example: The Olive Ridley Project : An organization that works Participation in the marine symposium by the Ministry of to protect sea turtles and their habitats in the Indian Fisheries, Maldives Ocean through rescue and rehabilitation of injured Inviting the Maldives National Defence Force (MNDF) to sea turtles, research and education, and removal and conduct fire safety trainings at the resort reuse of ghost gear from the ocean. Complying with the Government’s Environmental Parley: An organization that works towards reducing Management Plan guidelines for our coral reef the fast growing threat of marine plastic pollution. restoration program Reethi Faru Resort segregates all plastic waste generated and send it to Parley, who help us recycle all plastic waste. Reethi Faru Resort Sustainability Report 2020 9

Environment

At Reethi Faru Resort, we are committed to protecting the environment and strive to reduce our operational impact. An effective Environmental System has been in place since the construction phase and we have succeeded in substantially reducing our negative impact on the environment. Our aim is to go beyond current standards and regulation. We will continue to explore the latest technologies and strategies to minimize impact and work to increase our efforts in protecting the environment. Our approach to environmental management is detailed in our Environmental Policy. Reethi Faru Resort Sustainability Report 2020 Energy and Emissions

Energy management is one of the cornerstones of our sustainability efforts. We are dedicated to reducing our energy consumption and impact by improving our energy efficiency, moving to maximum renewable energy utlization, and driving behaviorial change - thereby reducing our carbon emissions.

With over 4,000 photovoltaic panels installed on the roofs of our staff accommodation, a great part of the energy production on the island is derived from renewable energy. A total capacity of 1 MW (peak) is used to provide power to some 80 guest villas. The electricity produced from solar power is fed straight to the grid, as the use of batteries for overnight storage raises the cost of the installation tremendouly and moreover remains questionable in sustainability terms. We are hopeful that in future more efficient and less harmful batteries will be 10 developed, providing a further reduction of our carbon footprint well worth investing in.

Reethi Faru Resort Sustainability Report 2020 In 2019 our solar plant already helped in saving 246,000 ltr. of diesel Our carbon footprint in 2019 was calculated to be

in 2019, resulting in carbon emission savings of 660t of CO2. 3493 tCO2e, resulting in an emission intensity of 38.52 kgCO e/guest night, down from 49.93 kgCO e/guest The remaining electricity required is produced by state-of-the-art 2 2 energy efficient diesel generators, an energy source no Maldivian night in 2018. resort is yet able to operate without. The generators meanwhile are fitted with a heat exchanger system that helps us to produce hot Carbon Emissions 2019 (tCO2e) water for the entire resort from waste heat and makes the use of electrical or gas boilers unnecessary. Scope 1* 3493 Electric bikes and carts are in use within the island for baggage transfer, delivery services and housekeeping or maintenance errands. Scope 2* 0 Virtually all the lights used on the island are LED. Our water desalination plant is fitted with an energy recovery mechanism which lowers the input of energy required for the process. Carbon Intensity (kgCO2e/guest night) 98% of the lights around the island are LED based 2019 38.52 11

2018 49.93

* The Greenhouse Gas emissions have been calculated in Our solar plant helped in saving 246 KL of accordance with guidance provided by the Greenhouse Gas diesel in 2019, resulting in carbon emission protocol

savings of 660 tCO2e.

Energy Intensity (GJ/guest night)

2019 0.269

2018 0.318

Reethi Faru Resort Sustainability Report 2020 Climate Change

Tackling climate change is an essential part of Reethi Faru’s sustainability strategy. We are cognizant of our responsibility in limiting global warming and work to improve resilience to impacts of climate change.

Our action towards climate change is addressed in the following ways:

Integrating climate change Promoting responsible into our business strategy and environmental friendly and brand pillars. tourism by catering to eco- 12 tourists. Supporting the transition to a low carbon economy Managing the impacts through energy and of climate chain on our emission reduction. surrounding eco-systems (e.g: bleaching of corals and Engaging and creating restoration of house reef awareness across our value through artificial reefs) chain (e.g: environment day, tree planting drive, etc.)

Reethi Faru Resort Sustainability Report 2020 Water and Waste Water

The main source of water at Reethi Faru Resort is Most of the wastewater produced is treated on the island in desalinated seawater through the process of reverse our state-of-the-art sewage treatment plant (STP). The wastewater is treated organically, and all treated water is reused osmosis. We have four RO plants on the island; three of for gardening and irrigation (using drip irrigation system). which have a capacity of 150 Cubic meter/day and is used for regular consumption, while one unit has capacity of 50 cubic meter/day and is used for drinking water.

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At Reethi Faru Resort we see water as a precious resource and are committed to optimizing water consumption. We have taken up various initiatives to address water reduction. We have installed dual flushing systems and aerators for taps which significantly reduce water consumption, and have also driven behavioral changes by reducing laundry wash cycles.

Reethi Faru Resort Sustainability Report 2020 In 2019, the total water consumption was 85,082 kilo liters (kL), resulting in a water intensity of 0.94 kL/ guest night. The total Reethi Day wastewater treated by our STP in 2019 was 50,960 kL. Every month we conduct Water consumed STP treated wastewater different activities that engages our staff and 85,082 kL 50,960 kL guests in various environmental awareness initiatives. These include: Reef cleanups Tree planting Coral planting Awareness through screening of 14 documentaries and guest presentations Water intensity (kL/guest night)

2019 0.94

2018 0.84

Reethi Faru Resort Sustainability Report 2020 Wa ste

Reethi Faru Resort is committed to reducing the impact from waste generated by our operations. We have a dedicated waste segregation facility on our island. We strongly believe in implementing the 3R’s of waste management wherever possible – Reduce, Reuse and Recycle. We have a dedicated waste segregation facility on our island.

The main waste stream that we generate are:

Food waste Paper

15

Plastic waste Horticulture

Cardboard Glass

Styrofoam Others

Reethi Faru Resort Sustainability Report 2020 All food waste generated in our resort is segregated and directed to our in-house biogas plant, which generates biogas from food waste, which is in-turn used for cooking- thereby reducing the need for traditional, non-renewable cooking gas. Reethi Faru Resort is working in collaboration with Parley for the oceans to manage and recycle plastic waste on the island, to avoid and intercept their entry into the marine ecosystems. Our goal is to minimize the import of single- use plastic altogether. Efforts towards plastic reduction was made in 2019, by shifting from plastic to glass, paper or tin can alternatives. We also have an 16 in-house glass crusher through which glass waste is recycled and used as aggregate.

1April 2019 to Dec 2019

Reethi Faru Resort Sustainability Report 2020 Biodiversity and Marine Conservation

At Reethi Faru Resort, we recognize the role we play in protecting our local environment. Areas of high biodiversity, such as coral reefs are a foundation of our business, and we have been actively engaged in conservation projects that strengthen our commitment to safe-guarding the natural ecosystems with which we interact.

We have adopted scientific methods in monitoring and measuring baseline conditions and the impact of our conservation efforts. One such initiative is our artificial reef program, which help boost the growth of coral reefs around the island. Read more in the spotlight 17 story – Enhancing our marine ecosystem through artificial coral reefs in this report. Marine conservation efforts for certain megafauna species are also being made by working in collaboration with organizations like Manta Trust and The Olive Ridley Project for manta rays and turtles, respectively. These studies help the organizations monitor the populations (movement patterns, behavior, injuries, breeding, PLACEMENT OF WAVE-BREAKERS survival etc.) of the animals and in turn help in the conservation of To tackle the issues of beach erosion, wave-breakers are these species. going to be placed in the critical areas around the island. We have recently set up and opened an Environmental and Marine Wave-breakers reduce the intensity of wave action on Center. This center, which will also serve towards marine research, the shore and reduce coastal erosion. They are concrete and will play as a useful educational tool to promote the importance structures that are designed to protect the gently sloping of marine biology/ conservation. One of the goals for the center is beach and placed in relatively shallow water. The unique to have an onshore coral nursery to grow the coral fragments in a design of these wave-breakers also doubles up as fish homes. controlled environment before putting it back on to the reef. They provide food and shelter for small fishes and sometimes promote coral growth as well.

Reethi Faru Resort Sustainability Report 2020 Mushroom Farm Hydrophonic Garden

At Reethi Faru Resort, we focus on building our sustainability Hydroponics is the process of growing plants without using practices wherever possible. As such, we have started our own soil and has several environmental benefits over the traditional mushroom farm on-site. Using the by-products of our biogas method. In this system, selected plants are grown using water, plant (i.e. digester residue and the digester liquid), we are able nutrients and a growing medium, such as rock wood or sponge. to cultivate mushrooms suitable for consumption. Three different At Reethi Faru Resort, we use this system to grow some of the species of mushroom that are currently being cultivated in our main ingredients used in salads with lettuce, basil, and other own mushroom farm, namely, Pleurotus djamor (pink flamingo herbs and leaves already being harvested. oyster mushroom), Pleurotus ostreatus (white oyster mushroom) and Hypsigus ulmarius (grey oyster mushroom).

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Impressive examples of sustainable tourism including a biogas digester that uses food waste to generate gas. Very good economic rates of return. A possible example for other inhabited islands and resorts. And all of this on top of the other good sustainable things that are doing. Enlightening to see what goes on behind the scenes in running such a resort sustainably - John Roome, Regional Director South Asia Sustainable Development, World Bank

Reethi Faru Resort Sustainability Report 2020 SPOTLIGHT STORY

Enhancing Our Marine Ecosystem Through Artificial Coral Reefs.

Coral reefs are the dominant ecosystem in the waters of the Maldives. They shelter thousands of different species of marine animals, corals and are an important part of the heritage and culture of the country.

Climate change and global warming have affected reefs This has a catastrophic impact on all the marine creatures globally, and the Maldives is no exception. The rising up the food chain, ultimately resulting in the loss of marine temperature in the atmosphere is in turn raising the megafauna such as sharks and whales. temperatures of the water which is causing the reefs from all Therefore, conservation of coral reefs is of paramount over the world to lose their color- also knows as ‘bleaching’. importance; to preserve this ecosystem, which provides food, shelter and protection to about 25% of all marine organisms in 19 the world.

CREATING ARTIFICIAL CORAL REEFS AT REETHI FARU RESORT At Reethi Faru, we are aware of the importance of conservation of the marine environment and efforts towards this have been going on right from the construction phase. Artificial reefs are one of the best ways to restore the affected reefs, and aid in growth and regeneration of the corals around the house reef of an island. Artificial reefs at Reethi Faru were made out of metal rebar structures (shaped as per the designer’s specification), which act as a stable substrate for the corals that are transplanted. Once the structures were ready, they were placed in the water. Small or large pieces of corals that were broken off or

Reethi Faru Resort Sustainability Report 2020 SPOTLIGHT STORY

Enhancing Our Marine Ecosystem Through Artificial Coral Reefs.

damaged, were collected and attached to these structures In another method, coral pieces were inserted in between the using cable ties. fibres of a polypropylene rope. This is called a rope nursery/ table nursery. The advantage of this method is that it prevents certain fish species (for example, parrotfish) from eating the freshly planted corals.

THE REWARDS So far we have seen a lot of recovery and regeneration of corals around the house reef and the artificial reefs are taking 20 on as well. Conservation of coral reefs is imperative to show the presence and survival of other marine life. Sharks are a sign of a healthy reef, and at Reethi Faru Resort we have various species of friendly sharks present, which in turn has a positive impact on other fish species in the reef. The most common sightings around the house reef are some curious turtles, eagle After a couple of months, the fragments that settle on these rays, sharks, schooling fish all around. structures showed incredible progress. This could be seen as the cable ties around the coral pieces started disappearing, as the corals began growing in size.

Reethi Faru Resort Sustainability Report 2020 Governance

As sustainability is such an integral part of Reethi Faru Resort, it is a key component of business strategy and management processes. It is governed by the board, who is responsible for overall financial and non financial performance. The board maintains an active oversight on the triple bottom line performance including management of risks and opportunities.

21 Sustainability Governance at Reethi Faru Resort

Our Corporate Governance framework is based on an effective Board and the separation of the Board’s functions. Our board has 4 core members;

Mr. Ravi K Chopra (Chairman) Dr. Vir K Chopra (Managing Director) Mrs. Marianne Zihlmann (Director) Mr. Aditya Chopra (Director)

Reethi Faru Resort Sustainability Report 2020 The Eco-Committee

The eco committee is responsible for managing and implementing sustainability activities across the island. The Eco-committee periodically reports to the board on various environmental, social and governance (ESG) themes. There are three core members of the eco- committee and each member of the eco-committee represents a different department and responsibilities have been divided accordingly.

RESORT MANAGER Vittoriano Ummarino is the resort manager who works towards Ethics and Integrity ensuring the resort operates with minimum environmental impact. He is responsible for sign off and executing sustainability initiatives across the At Reethi Faru Resort we are island. Vittoriano has years of experience working in the Maldives and committed to the highest has actively been a part of the several marine conservation initiatives. standard of ethics and conducting our business in an CHIEF ENGINEER 22 ethical and transparent way. We work towards eliminating Kasi Rao is responsible for maintaining and improving the back-of- all forms of corruption the-house operations in the resort. He is the key contact person for the sustainable initiatives and other technical aspects of the resort. Mr including a zero tolerance to Kasi is focused on making the resort as self-sustainable as possible, by bribery. Reethi Faru recognizes improving upon the current operations. its responsibility in ensuring ethical practices, not just within our operations, but also RESIDENT MARINE BIOLOGIST across our value chain. Our Smrutica Jithendranath focuses on marine conservation and is stakeholders and business responsible for creating artificial reefs around the island’s house reef partners are equally committed while monitoring the health of the reef and the density and abundance of the marine fauna. As a part of the eco committee, Smrutica ensures to preventing corruption and the protection and preservation of the marine environment by driving uphold our business integrity other sustainable activities such as plastic waste management, reef principles. clean ups and eco-education of the guests.

Reethi Faru Resort Sustainability Report 2020 23

Social

Reethi Faru Resort has always supported the notion that the successful operation of a business and continued improvement of our services and standards in a responsible manner is intrinsically linked to the well-being and advancement of our staff, the local community, and all other people and stakeholders we engage with. Our approach to managing people is outlined in our CSR Policy: A sensible and conscientious approach.

Reethi Faru Resort Sustainability Report 2020 Our Workforce

At Reethi Faru Resort, our employees and staff are vital to the success of our organization. In 2019 we had a total of 353 employees on the island, our employee turnover was 103 and 71 new colleagues joined the team.

Workforce Dashboard1

By Gender By Age (Years) By Region

Male Female Above 50 7% 90% 10% Asia 79% 30-50 46%

Below 30 47% 24 Maldives 19% Senior Manager Assistant Manager 6% 7% Executives 2%

Supervisor Europe 12% 2% By Cadre Line Staff 78% North America 1%

1Data provided is for the period of January 2019 to 17 Feb 2020

Reethi Faru Resort Sustainability Report 2020 New Employee Hire

By Gender By Age (Years) By Region

Male Female 87% 13% Above 50 6%

30-50 39% Asia 63% Maldives 31%

Below 30 55%

4% North Europe 2% Employee Turnover America

25 By Gender By Age (Years)

Male Female 80% 20% Above 50 2%

30-50 31%

Below 30 67%

By Region

Asia 45% Maldives 50% Europe 5%

Reethi Faru Resort Sustainability Report 2020 Training and Development

We believe in developing our people and fostering an inspiring work environment. In 2019 we provided 231 hours of training to our staff across a variety of topics.

TOPIC TRAINING HOURS

Personal Hygiene & Grooming 36

Waste Management 25

Telephone Etiquettes 10 ENVIRONMENTAL AWARENESS PROGRAM FOR STAFF: Educational talks for the staff are conducted regularly by Child Safeguard & Child Protection 36 our resident marine biologist to raise awareness on the importance of environmental sustainability and marine 26 Environmental Awareness 36 conservation. The program includes education on various environmental topics such as waste segregation and First Aid 36 management. It also includes education on coral reef ecosystems, our house reef, conservation efforts and various projects and information about dangerous marine Fire Awareness Training 16 animals and appropriate treatments in case of accidents.

Employee Engagement and Benefits

We work towards engaging employees and maximizing employee EMPLOYEE OF THE MONTH satisfaction. We provide all our employees benefits such as medical Every month, the Head of Departments vote for an consultation and treatment, medical insurance, Maldives Retirement Pension Employee of the month based on work performance, Scheme (MRPS) for local employees, etc. attitude and co-operation with other staff and We conduct inter department and inter resort competitions to keep our management. Additionally, a member of the staff employees engaged and motivated. We have in-house volleyball and futsal is chosen as “Heart of the House” and “Front of the courts as well as a game room that’s available to all employees to access. House” every month, who is also rewarded monetarily.

Reethi Faru Resort Sustainability Report 2020 Labor Practices and Human Diversity, Equal Opportunity Rights and Non-Discrimination

We value fundamental rights of all human beings and are We believe in ensuring a work environment that is free of committed to ensure fair treatment. We comply with ethical, human harassment and discrimination. We focus on promoting rights and fair labor practice standards and ensure that we follow diversity and equal opportunity and avoiding any discrimination the applicable local laws and regulatory requirements across our based on race, religion, sex or age across all our operations. entire value chain. We also have a robust grievance mechanism Reethi Faru Resort is also fully committed to its obligation to process in place to manage any perceived violations to human eliminate sexual harassment in the workplace. Our approach to rights or labor practice standards. this is outlined in our dedicated Sexual Harassment Policy. We We do not partake in child labor or forced labor of any form and believe it is the responsibility of every employee and volunteer look to minimizing any risks or violations across our entire value to ensure that the island is free from harassment, of any form. chain. Our approach to this is outlined in our Child Protection Policy.

27 Health and Safety Our Suppliers

We strive for continuous improvement through the protection We are committed to fostering a sustainably conscious supply of the health and safety of our employees and stakeholders. We chain and ensuring an inclusive approach in engaging with follow and adhere to ministry guidelines on safety regulations our supply chain partners. We work towards ensuring that and participate twice a year in audits by the Ministry of Tourism our sourced goods are from sustainably conscious vendors in Maldives to monitor our performance. The head of safety and wherever possible, particularly those which use minimal plastic security is responsible for safety measures across the island, with a packaging. Details on our approach to a sustainable supply round-the-clock patrolling team to monitor any potential risks. We chain can be found in our General Purchasing Policy. also provide year round trainings in safety procedures for a majority We continually strive to source locally, and support our of the staff. These include trainings in fire fighting, life ring training suppliers. As per our policy, we ensure that our fruits, and first aid. vegetables and fish are sourced locally. In 2019, 65% of our Employee health and welfare is also a focus area for us. We set up procurement budget was spent on local suppliers. the RFR Exchange Committee to develop a healthy workforce by motivating staff members to involve and participate in sports and other recreational activities actively. The committee members are assigned by the head of departments and are representatives of each of the departments.

Reethi Faru Resort Sustainability Report 2020 Our Communities

We believe that an inclusive society is instrumental to the success of our business and are cognizant of our role in corporate social responsibility towards our surrounding communities. We run a number of programs to engage with the communities around us on sustainability topics that we are passionate about. One such program is to engage with the local communities to raise awareness on the importance of plastic waste management and protection of the marine ecosystem. In our existing partnership with Parley - a global collaboration network which addresses the global threat of marine plastic pollution - we have also involved local schools by coordinating an exchange program between Parley and local schools. So far, we have involved four schools in the program (Kinolhahu, , and ). Our aim is to get as many local schools and islands involved within the atoll, and educate our communities on the safe and proper disposal of 28 plastic waste.

Reethi Faru Resort Sustainability Report 2020 Report Highlights

RESORT FEATURES

Island measures Fully furnished villas Restaurants 600 m x 350 m 150 6

Dive Center, Water Bars Team Members Sports Center, Spa, 6 347 Environmental & Marine Center

OUR BRAND PILLARS 29 AWARDS

Romantic Families travellers

Active Eco-conscious Travellers travellers

Reethi Faru Resort Sustainability Report 2020 Our Sustainability Initiative

Solar plant Heat exchangers RO plant STP Our island is powered Hot water is Seawater is the main Most of the waste by solar power, with produced using source of water that water generated over 4000 solar heat exchangers that is desalinated in our is treated on the panels installed on are attached to the Reverse Osmosis island in our sewage the roofs. generators. plant. treatment plant. 30

Biogas plant Mushroom farm Hydroponic garden All the food waste Utilising the Herbs and vegetables are is converted into by-products of our grown in the hydroponic biogas that is biogas plant, we have garden, wherein a mixture used for cooking created a mushroom of minerals are used purposes. farm on site. instead of soil.

Reethi Faru Resort Sustainability Report 2020 Reethi Day Marine Conservation

At Reethi Faru Resort, areas of high biodiversity, such Once a month we engage our guests as coral reefs are a foundation of our conservation in activities that promote conservation initiatives. We actively engage in conservation through education. These include reef projects that strengthen our commitment to safe- and beach clean-ups, coral planting guarding the natural ecosystems. and guest presentations.

POLICIES

Coral Restoration Turtle Conservation

31 Child Corporate Social Environmental Protection Responsibility Policy Policy Policy Manta Conservation

Global Organisations

Reethi Faru Resort works in collaboration with various international organisations that support our General Quality Sexual commitments to the protection and conservation of Purchasing Assurance Harassment our environment. Policy Policy Policy

Sustainability Policy

Reethi Faru Resort Sustainability Report 2020 32

Reethi Faru Resort Sustainability Report 2020