Park Hotels & Resorts Inc. Issues Annual Corporate Responsibility Report
November 04 2021 - 4:15PM
Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”)
today announced that it has issued its annual Corporate
Responsibility (“CR”) Report, detailing the Company’s
environmental, social and governance (“ESG”) performance and
initiatives during 2020. The CR Report also includes information on
Park’s ESG strategies and approach to risk management.
“During an unprecedented year, I am proud that
Park’s business priorities continued to be guided by our steadfast
commitment to corporate responsibility,” said Thomas J. Baltimore,
Jr., Chairman and CEO of Park. “Throughout 2020, we continued to
improve environmental efficiencies in our portfolio, and we also
invested considerable resources in the health, safety and
well-being of our associates and guests during the COVID-19
pandemic. On the governance side, we continue to engage with our
stakeholders to align our priorities, while our ESG program
continues to mature with three dedicated ESG committees. As we look
ahead, we are committed to maintaining transparency and engagement,
and we look forward to sharing more information about our ESG
program with you.”
Park’s 2021 CR Report is the Company’s fourth
annual corporate responsibility report. The CR Report aligns with
globally utilized frameworks including the Task Force on
Climate-Related Financial Disclosures (“TCFD”), Sustainability
Accounting Standards Board (“SASB”), United Nations Sustainable
Development Goals (“UN SDGs”) and Global Reporting Initiative
(“GRI”).
The CR Report is available for download on the
Responsibility tab of Park’s website:
https://www.pkhotelsandresorts.com/responsibility.
About
Park Hotels & ResortsPark is the second
largest publicly traded lodging REIT with a diverse portfolio of
market-leading hotels and resorts with significant underlying real
estate value. Park’s portfolio currently consists of 54
premium-branded hotels and resorts with approximately 32,000 rooms
primarily located in prime city center and resort locations. Visit
www.pkhotelsandresorts.com for more information.
For more information, contact:Ian
WeissmanSenior Vice President, Corporate
Strategy571-302-5591iweissman@pkhotelsandresorts.com
For additional information or to receive press
releases via e-mail, please visit our website
atwww.pkhotelsandresorts.com
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