CORPORATE SOCIAL R ESPONSIBILITY

In late 2007, the Company established a Corporate Social Responsibility Committee (“CSRC”) tasked with collating information on, assimilating and consolidating existing CSR activities across the Group and setting Group policies to ensure focus and consistency throughout various operations. The CSRC determined that the Group would initially focus on four main areas: community investment, environmental protection, labour practices and occupational health and safety. Over time, through annual reporting of CSR policies and initiatives, benchmarking CSR performance against internationally-recognised standards and setting rigorous work practice guidelines, the Group aims to continue to be an active and responsible citizen in the communities where it operates.

• In the US, The Peninsula New York gave food and clothing to a cause named New York Cares Coat Drive. The Peninsula Chicago donated unclaimed lost and found items to Homeless Shelters, unused shampoo and in-room toiletries to the Chicago Abused Women’s Coalition and donated turkeys to City Harvest over Thanksgiving. • The Group also fund-raised for a variety of charitable causes. Across all Peninsula Hotels, the spirit of festive giving continued in 2007 with over HK$690,000 (US$88,000) raised for Make-a-Wish Foundation through our Trees of Hope campaign. In the US, The Peninsula New York raised funds for the American Cancer Society, while Quail Lodge fund-raised for The Society for the Prevention of Cruelty to Animals of Monterey County. • Other forms of community giving included a blood donation drive organised by The Peninsula Manila; offering complimentary tram rides to children, seniors and the disabled by the Peak Tram; sponsoring a Christmas carnival by The Repulse Bay where 250 children suffering from cancer participated. Finally, The Peninsula Hong Kong continued its commitment to the hospitality industry by offering internships to 50 students from Hong Kong and... [continues]

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