Host Hotels & Resorts Publishes 2024 Corporate Responsibility Report
30 Juillet 2024 - 2:30PM
Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the
nation’s largest lodging real estate investment trust (“REIT”),
released its 2024 Corporate Responsibility (CR) Report, which
details the Company’s CR program and strategy along with its
environmental, social and governance initiatives and
industry-leading accomplishments. Additionally, the 2024 CR Report
provides an update on the Company’s performance and progress toward
its 2030 environmental and social targets, which are mapped to the
Company’s aspirational vision of becoming net positive by 2050.
“We are proud of our CR program accomplishments as
we continue to raise the bar and take measurable, meaningful steps
toward achieving our 2050 net positive vision,” said Mike Lentz,
executive vice president, development, design & construction
and executive sponsor of the CR program. “Being a sustainability
leader means investing responsibly in our business, environment,
people and communities while being thoughtful and intentional every
step of the way. This mindset applies to everything we do—including
our initiatives around resilience, decarbonization and
conservation; our investments in talent; and our efforts to promote
inclusion across our value chain while creating economic
opportunity within local communities. Together with our dedicated
team and partners, we continue to identify compelling strategic
investments that deliver strong financial, environmental and social
returns. We are committed to protecting and enhancing not only the
assets we own, but also the destinations where our hotels and
resorts are located.”
Now in its seventh edition, the 2024 CR Report also
features Task Force on Climate-Related Financial Disclosures (TCFD)
and Sustainability Accounting Standards Board (SASB) indices as
well as an Equal Employment Opportunity (EEO-1) Report, which
provides a demographic breakdown of our workforce.
Notable milestones highlighted in the report
include:
SUSTAINABILITY INVESTMENTS
- Nearly $5 billion aggregate total of sustainable financing
including $2.45 billion total issuance of green bonds for eligible
green projects
- Over 700 sustainability projects with $23 million expected
utility savings annually and 13-20% average cash-on-cash returns
over a five-year period
- 18 properties with LEED® certification—including four hotels
with LEED Gold certification as well as Host’s corporate
headquarters—and 18 additional projects in the pipeline
- 14 properties with on-site solar energy systems installed or
under development
COMMUNITY INVESTMENTS
- Over 200 charities supported to advance priority sustainable
development goals, including 126 organizations selected by
employees
- Seven volunteer events supporting affordable housing, food
security and sustainability, wildlife conservation and underserved
and at-risk local communities
PEOPLE INVESTMENTS
- 88% of employees highly engaged according to most recent
employee engagement survey
- 46% of women in management positions, 60% of promotions
represented by women and 33% of promotions from diverse groups
- 98% of employees trained on diversity topics and hosted several
educational and celebratory diversity, equity, inclusion and
belonging events and initiatives
To learn more, please read the 2024 Corporate
Responsibility Report and view the Corporate Responsibility
pages on the Company website.
ABOUT HOST HOTELS &
RESORTS
Host Hotels & Resorts, Inc. is an S&P 500
company and is the largest lodging real estate investment trust and
one of the largest owners of luxury and upper-upscale hotels. The
Company currently owns 74 properties in the United States and five
properties internationally totaling approximately 42,700 rooms. The
Company also holds non-controlling interests in seven domestic and
one international joint ventures.
SOURAV GHOSHChief Financial Officer(240)
744-5267 |
JAIME MARCUSInvestor Relations(240)
744-5117ir@hosthotels.com |
Host Hotels and Resorts (NASDAQ:HST)
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