BETHESDA, Md., July 10,
2024 /PRNewswire/ -- Marriott International, Inc.
(Nasdaq: MAR) ("Marriott") today released its 2024 Serve 360 Report
highlighting the company's global Environmental, Social, and
Governance ("ESG") efforts and progress towards its 2025
Sustainability and Social Impact Goals. The Report reflects data
for the calendar year ended December 31,
2023. The Report can be accessed here.
This year, the Report features an "Around The World Highlights"
addendum, which showcases ESG initiatives spanning each of the
company's regions – Asia Pacific
excluding China; Caribbean & Latin America; Europe, Middle
East & Africa;
Greater China; and United States & Canada – and performance tables and
appendices with key supporting information and data.
"At Marriott International, we take great pride in our
longstanding focus on the fundamental principles of taking care of
people, our communities, and the planet," said Anthony Capuano, President and CEO, Marriott International. "We believe
our efforts to be a force for good around the world in
destinations where we operate can help support the long-term
success of our business and the wellbeing of associates and guests.
We are focused on fostering a more resilient, inclusive, and
responsible world for travel."
In support of the United Nations Sustainable Development Goals,
Marriott's sustainability and social impact platform, Serve 360:
Doing Good in Every Direction, guides the company's ESG efforts
through four focus areas, or "coordinates": Nurture Our World,
Sustain Responsible Operations, Empower Through Opportunity, and
Welcome All and Advance Human Rights.
The Report outlines, among other topics, data on company efforts
related to sustainable operations, diversity and inclusion,
volunteerism, and other ESG activities led by Marriott associates
and hotels around the world. Global highlights include:
To focus on climate action, the company:
- Verified its near- and long-term science-based emissions
reduction targets with the Science Based Targets initiative (SBTi)
in April 2024.
- Launched the Climate Action Program (CAP) to all managed and
franchised properties globally, centered around building climate
fluency across the organization and developing property-specific
carbon reduction goals to support progress toward the company's
science-based targets.
- Continued to build on the company's EV charging infrastructure.
At year-end 2023, more than 7,100 EV chargers were installed at
more than 1,800 Marriott properties around the world.
The company was also focused on expanding opportunity and
delivering on its core value to Serve Our World, and:
- Volunteered over 3.1 million hours in local communities
worldwide in 2023, with over 12.1 million associate volunteer hours
reported since 2016.
- Responded to the devastating wildfires in Maui, Hawaii, contributing approximately
$5.5 million through the Marriott
Disaster Relief Fund, TakeCare Relief Fund, Marriott Bonvoy points
donations, and cash and in-kind giving by hotels to support
recovery efforts and provide essential items for impacted
associates.
- Committed to hiring more than 3,000 refugees across the globe
by 2026.
- Trained more than 1.2 million managed and franchised associates
in human trafficking awareness since 2016 in support of Marriott's
goal to train all on-property associates by 2025.
- Launched an industry-first initiative in collaboration with the
Internet Watch Foundation and Cisco to block websites with child
sexual abuse material from guest networks across nearly 5,000
managed and franchised properties in the U.S. & Canada.
Additional regional highlights include:
- Raised nearly $970,000 in cash
and in-kind donations by Marriott's United Arab Emirates (UAE) Business Council
through annual Road to Awareness (R2A) cycling fundraising events
to support organizations focused on the vitality of children.
- Supported the release of approximately 110,000 sea turtles
through conservation programs at several properties across
Mexico aimed at protecting the
species and their habitats.
- Engaged with Scholars of Sustenance through 66 hotels in
Thailand, Indonesia, and the
Philippines to rescue over 81,000 kg (178,000 lbs.) of
surplus food, resulting in more than 340,000 meals donated to
communities in need.
- Hired more than 1,200 students with disabilities as full-time
associates throughout the Greater
China region.
- Of total egg spend, increased cage-free egg spend to 56.13% and
47.18% for properties in the U.S. & Canada, respectively.
More details about Marriott International's ESG efforts and
Serve 360 and the initiatives and programs mentioned in this press
release can be found at www.Marriott.com/Serve360.
Note on Forward-Looking Statements
This press release
and the referenced Report contains "forward-looking statements"
within the meaning of federal securities laws, including statements
regarding Marriott's ESG targets, goals, commitments, programs and
other business plans, initiatives, and objectives, and similar
statements concerning anticipated future events and expectations
that are not historical facts. These statements are typically
accompanied by the words "aim," "hope," "believe," "estimate,"
"plan," "expect," "goal," "commit," "intend," "strive," "target,"
"will," "may," "can," "potential," "continue," "future,"
"endeavor," or similar expressions. We undertake no obligation to
publicly update or revise these statements, whether as a result of
new information, future events or otherwise. The forward-looking
statements speak only as of the date of this press release or the
referenced Report, respectively, and undue reliance should not be
placed on these statements. Goals, targets, intentions, ambitions,
or expectations described in this press release and the referenced
Report are aspirational and subject to change and are not
guarantees or promises that all goals, targets, intentions,
ambitions, or expectations will be met. All such statements are
intended to enjoy the protection of the safe harbor for
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended. Our actual future
results, including the achievement of our targets, intentions,
ambitions, goals, or commitments, could differ materially from
these statements as the result of changes in circumstances,
assumptions not being realized or other risks, expectations,
trends, uncertainties, and factors that we may not be able to
accurately predict or assess. Such risks, uncertainties, and
factors include the risk factors discussed in our U.S. Securities
and Exchange Commission filings, including our most recent Annual
Report on Form 10-K and Quarterly Reports on Form 10-Q. We urge you
to consider all of the risks, uncertainties, and factors identified
above or discussed in this press release and in the referenced
Report carefully in evaluating the forward-looking statements in
this press release and in the referenced Report. Marriott cannot
assure you that the results reflected or implied by any
forward-looking statement will be realized or, even if
substantially realized, that those results will have the forecasted
or expected consequences and effects.
About Marriott International
Marriott International,
Inc. (Nasdaq: MAR) is based in Bethesda,
Maryland, USA, and encompasses a portfolio of nearly 8,900
properties across more than 30 leading brands in 141 countries and
territories. Marriott operates and franchises hotels and licenses
vacation ownership resorts all around the world. The company offers
Marriott Bonvoy®, its highly awarded travel program. For more
information, please visit our website at www.marriott.com. In
addition, connect with us on Facebook and @MarriottIntl
on X and Instagram.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/marriott-international-highlights-esg-progress-in-annual-serve-360-report-302192986.html
SOURCE Marriott International, Inc.