PARSIPPANY, N.J., Sept. 22, 2017 /PRNewswire/ -- In addition
to a half decade of recognition in North
America by the Dow Jones Sustainability Index, Wyndham
Worldwide (NYSE: WYN) is for the first time being named a socially
responsible leader in Europe
through the FTSE4Good Index Series. FTSE4Good measures the
performance of companies demonstrating strong environmental, social
and governance practices.
Wyndham Worldwide has built Corporate Social Responsibility into
its business to deliver great experiences for its customers,
results for its shareholders, and service to its communities.
Building on five consecutive years of recognition as a Dow Jones
Sustainability Index hospitality leader in North America for its responsible business
practices, the Company's 2017 inclusion in the FTSE4Good Index series cements its
global leadership. The continued improvements that form the basis
for these recognitions are reflected in Wyndham Worldwide's newly
released 2016-2017 Corporate Social Responsibility (CSR)
Report.
"Europe has long been a leader
in environmental sustainability and other responsible business
practices, so to be recognized by FTSE4Good means our initiatives
are increasing the shared value of CSR beyond expectations," said
Faith Taylor, senior vice president,
corporate social responsibility, Wyndham Worldwide. "Part of how
companies achieve their CSR goals is through more effective
measuring tools, and after more than five years of reporting, we're
now able to see how holding ourselves accountable translates to
business success."
The annual Wyndham Worldwide CSR report is prepared in
accordance with the Global Reporting Initiative and aligned with
the UN Sustainable Development Goals framework. The recently
released report highlights accomplishments in 2016-2017, across
Wyndham Worldwide's CSR focus areas: philanthropy, environmental
sustainability, human rights and ethics, diversity and inclusion,
and associate wellness:
- Philanthropy: In 2016, Wyndham Worldwide established a
global partnership with Save the Children to improve the lives of
future generations around the world. The Company also launched the
Associate Relief Fund to help employees in hardship and expanded
the Wyndham Rewards point charitable donation program.
Reflecting Wyndham's culture of giving and service, Wyndham Rewards
members donated over 9.9 million loyalty points to charities; more
than 5,800 associates participated in at least one full-day
volunteer activity; and timeshare owners donated over 120,000
pounds of food to community food banks.
- Environmental Sustainability: Efficiency projects and
effective measurement enabled the Company to reduce carbon
emissions intensity by 33% and water intensity by 20%. Wyndham
Worldwide developed real and measureable targets to help address
its impact on climate change, and the Company has set a new goal of
reducing carbon intensity by 40% and water intensity by 25% from
2010-2025.
- Human Rights & Ethics: Wyndham Worldwide is
committed to combatting human trafficking and protecting human
rights. In partnership with the Polaris Project and
ECPAT-USA, Wyndham Worldwide
provides owners and franchisees the tools to identify human
trafficking through training and awareness campaigns. Wyndham has
donated more than two million Wyndham Rewards points to victims of
human trafficking to provide them safe places to stay.
In addition, Wyndham Worldwide has established a global network of
Compliance Champions to provide guidance for associates on
acceptable standards of business conduct, in addition to providing
leadership development programs to embed compliant and ethical
decision making into everyday business. As a result, the Company
has been named one of the World's Most Ethical Companies by
Ethisphere.
- Diversity & Inclusion: Diversity is at the heart of
what Wyndham Worldwide does: travel enables people of varied
nationalities and backgrounds to meet and experience different
cultures, raising our collective understanding and appreciation for
each other around the world. Wyndham Worldwide is a recognized
leader in diversity and was named among the DiversityInc Top 25
Companies for Diversity in 2016, marking the fifth year in a row of
the Company's inclusion the Top 50. Continuing our commitment to
diversity in our supply chain, we achieved a 13% diversity spend
rate last year.
Wyndham Worldwide has also been recognized by the Human Rights
Campaign as one of the "Best Places to Work for Lesbian, Gay,
Bisexual and Transgender (LGBT) Equality," as a Top 50 Company for
Latinas by LATINA Style, and by the Hispanic Association on
Corporate Responsibility.
- Associate Wellness: Wyndham Worldwide's signature Be
Well program – recognized by the American Heart Association as a
quality employee health program and by the U.S. Surgeon General for
reducing health care disparities – supports the Company's
associates and their families' physical, emotional and financial
well-being.
Wyndham Worldwide is committed to helping associates and their
families achieve their health and wellness goals, and in 2017, 42%
of Wyndham associates earned wellness credits by completing health
assessments which in turn lowered their medical costs.
As an integrated hospitality company, Wyndham Worldwide is
consistently named among the industry's best places to work,
earning continued recognition as a global leader in all five of the
Company's CSR focus areas. The Company regularly evaluates the
efficacy of its programs while deepening its connections to the
communities in which it operates.
For more information on the Wyndham Worldwide 2016-2017
Corporate Social Responsibility Report, please visit:
http://www.wyndhamworldwide.com/category/corporate-social-responsibility
About Wyndham Worldwide:
Wyndham Worldwide (NYSE: WYN) is one of the largest global
hospitality companies, providing travelers with access to a
collection of trusted hospitality brands in hotels, vacation
ownership, and unique accommodations including vacation exchange,
holiday parks, and managed home rentals. With a collective
inventory of nearly 130,000 places to stay across more than 110
countries on six continents, Wyndham Worldwide and its 38,000
associates welcomes people to experience travel the way they want.
This is enhanced by Wyndham Rewards®, the Company's
re-imagined guest loyalty program across its businesses, which is
making it simpler for members to earn more rewards and redeem their
points faster. For more information, please visit
www.wyndhamworldwide.com.
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