Host Hotels & Resorts Named a Global Sustainability Leader on Dow Jones Sustainability World Index for the Sixth Consecutive Year
January 09 2025 - 8:30AM
Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the
nation’s largest lodging real estate investment trust (“REIT”), has
been named to the Dow Jones Sustainability World Index (DJSI World)
for the sixth consecutive year, maintaining its position as a
global sustainability leader. Additionally, the Company has
been included in the DJSI North America for the eighth
consecutive year.
The DJSI World is comprised of corporate leaders in global
sustainability across all industries as identified by S&P
Global through the annual Corporate Sustainability Assessment
(CSA). The index tracks the top 10% of the largest 2,500 companies
in the S&P Global Broad Market Index that lead the field in
terms of sustainability. The Company was one of only four U.S. real
estate investment trusts to make this prestigious list.
“We are proud to once again be recognized for our exceptional
corporate responsibility program and achievements, which
demonstrate our dedication to transparency, accountability and
responsible investment,” said Mike Lentz, executive vice president
of development, design & construction and executive sponsor of
Host’s Corporate Responsibility program. “This acknowledgement
underscores our dedication to making a positive impact on our
industry and communities by prioritizing sustainability, innovation
and responsible business practices as we seek to create long-term
value while upholding the highest standards of environmental and
social responsibility.”
This recognition reflects another remarkable year of progress
and impact for our corporate responsibility program, including a
number of recent milestones:
- Expanded
sustainable financing to nearly $5 billion to support investments
in sustainable projects and green building certifications
- Completed 720
projects with sustainability attributes over the past five years
with $23 million in estimated annual utility savings representing
13-20% average cash-on-cash returns
- Achieved four new
LEED certifications for a total of 20 properties with LEED
certification and another 17 projects in the pipeline
- Reached our annual
target of at least 90% of employees participating in charitable
giving and/or volunteerism
- Tripled the number
of employees who participated in development programs through
targeted learning and development opportunities
- Exceeded our
annual target of 85% engagement with 88% employees noted as highly
engaged according to our most recent employee engagement
survey
To learn more about the Company’s commitment
to corporate responsibility along with our strong
results, performance and progress, view the 2024
Corporate Responsibility Report and the Corporate
Responsibility pages on the
Company website.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P 500® and
the Dow Jones Industrial Average®. More assets are invested in
products based on our indices than products based on indices from
any other provider in the world. Since Charles Dow invented the
first index in 1884, S&P DJI has been innovating and developing
indices across the spectrum of asset classes helping to define the
way investors measure and trade the markets. S&P Dow Jones
Indices is a division of S&P Global (NYSE: SPGI), which
provides essential intelligence for individuals, companies, and
governments to make decisions with confidence. For more
information, visit: www.spglobal.com/spdji.
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 76 properties in the United States and five
properties internationally totaling approximately 43,400 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) 744-5117
ir@hosthotels.com |
Host Hotels and Resorts (NASDAQ:HST)
Historical Stock Chart
From Dec 2024 to Jan 2025
Host Hotels and Resorts (NASDAQ:HST)
Historical Stock Chart
From Jan 2024 to Jan 2025