Host Hotels & Resorts Named to CDP’s A List for Leading Effort Against Climate Change
January 22 2020 - 4:15PM
Host Hotels & Resorts, Inc. (NYSE: HST), the nation's largest
lodging real estate investment trust (the "Company"), has
been recognized for its action against climate change.
The Company achieved a place on global
environmental impact nonprofit
CDP's prestigious A List, which names the world's
leading businesses based on environmental performance.
Host was distinguished for its actions to cut emissions,
mitigate climate risks and develop the low-carbon economy, based
on the Company’s environmental disclosure in 2019. Just 2% of
companies disclosing to CDP made this year's A List.
“We are thrilled to be among 35 American companies on this
year's A List,” said Joanne Hamilton, Executive Vice President
of Human Resources and leader of Host’s Corporate Responsibility
program. “Our inclusion on this list demonstrates our commitment to
environmental stewardship, which has led us to set, achieve and
exceed significant climate-related goals, including exceeding our
science-based GHG reduction target by 25% and developing new
environmental goals for 2025.”
Host has reported its annual corporate GHG inventory to CDP
since 2011 and this is the Company’s fifth time receiving an “A”
score.
Learn more about corporate responsibility at Host Hotels
& Resorts.
CDP
CDP is a global nonprofit that drives companies and
governments to reduce their greenhouse gas emissions, safeguard
water resources and protect forests. CDP’s annual
environmental disclosure is widely regarded as the gold
standard of corporate environmental transparency. In
2019, over 525 investors with over US$96 trillion in
assets requested companies to disclose data on
environmental impacts, risks and
opportunities through CDP’s platform. Over 8,400
companies with over 50% of global market capitalization responded
and were assessed based on the comprehensiveness of disclosure,
awareness and management of environmental
risks and demonstration of best practices associated with
environmental leadership, such as setting ambitious and meaningful
targets. The full list of companies that made this year’s Climate
Change A List is available on CDP’s website.
NAREIT, DJSI, GRESB and CEIAs previously
announced, Host received the National Association of Real
Estate Investment Trusts' (NAREIT) 2019 Lodging/Resorts Leader
in Light award—the highest achievement for all Lodging/Resorts
REITs and real estate companies—for the fifth time since 2014. The
Company was also named to the Dow Jones Sustainability World Index
(DJSI World) for the first time, which recognizes
global sustainability leaders across all industries. In
addition, the Company was 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. The Company also once again
achieved GRESB’s Green Star status and continued to
maintain its 5 Star Rating. Additionally, the Company maintained
its 80% ranking from the 2019 Corporate Equality Index (CEI),
reflecting its commitment to LGBTQ workplace equality.
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 75 properties in the United States and
five properties internationally totaling approximately 46,600
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.
Tejal EngmanVice President240.744.5116
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