Host Hotels & Resorts Named to the Dow Jones Sustainability Index (DJSI) World for the First Time and Recognized as Overall G...
October 14 2019 - 4:15PM
Host Hotels & Resorts, Inc. (NYSE: HST), the nation's largest
lodging real estate investment trust (the "Company"), has been
named to the DJSI
World—which recognizes global sustainability
leaders across all industries—and has joined the top 10% of
the 2,500 largest and most sustainable companies in
the S&P Global Broad Market Index. In addition, the
Company is included in the DJSI North America for the third
consecutive year and was named Overall Global Sector
Leader by GRESB, achieving the top position in
the hotels sector.
“Host’s inclusion on these prestigious
lists demonstrates our long-standing commitment
to corporate responsibility initiatives and sustainable
business practices that drive value for our
investors, employees, stakeholders and
community,” said Joanne Hamilton, Executive Vice
President of Human Resources and leader of Host’s Corporate
Responsibility program. “We are especially proud of this
year’s results, which have exceeded our science-based
targets and reflect an increased focus on
social initiatives. This
recognition also reflects the great teamwork
and collaboration of our employees across
the company—it’s this
‘all hands on deck’ approach that will help
us continue to be a leader in our industry as
demonstrated by our recent green bond offering, which was the first
of its kind in the lodging industry, and as we develop
our next generation corporate responsibility goals.”
The Company has also achieved GRESB’s Green Star status for
the seventh year in a row—the highest possible designation which
recognizes outstanding management and implementation of key
sustainability issues. The Company continued to maintain
its 5 Star Rating—the highest GRESB rating and recognition for
being an industry leader.
DJSI and GRESB
Since its launch in 1999, DJSI has become
the global standard for measuring and
advancing corporate ESG practices.
It tracks sustainability leaders based on long-term
economic, environmental and social criteria and serves
as a benchmark for investors.
The GRESB Real Estate Assessment is the
leading ESG benchmark for real
estate assets and provides data and
reporting to institutional investors.
For more information, please visit the DJSI
website and GRESB website. Learn
more about corporate responsibility at Host Hotels
& Resorts. More detail about the Company’s programs and
progress will be available in its upcoming Corporate Responsibility
Report.
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 77 properties in the United States and
five properties internationally totaling approximately 48,000
rooms. The Company also holds non-controlling interests in six
domestic and one international joint ventures. Guided by a
disciplined approach to capital allocation and aggressive asset
management, the Company partners with premium brands such as
Marriott®, Ritz-Carlton®, Westin®, Sheraton®, W®, St. Regis®, The
Luxury Collection®, Hyatt®, Fairmont®, Hilton®, Swissôtel®, ibis®
and Novotel®, as well as independent brands. For additional
information, please visit the Company’s website at
www.hosthotels.com.
* This press release
contains registered trademarks that are the exclusive property of
their respective owners. None of the owners of these trademarks has
any responsibility or liability for any information contained in
this press release.
Michael BluhmChief Financial Officer240.744.5110
Gee LingbergSenior Vice President240.744.5275
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