Host Hotels & Resorts Publishes New, Expanded Corporate Responsibility Report
November 09 2020 - 8:30AM
Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s
largest lodging real estate investment trust (the “Company”),
released its 2020 Corporate Responsibility (CR) Report, an expanded
and interactive report that details the Company’s commitment to CR
along with our strong results, performance and progress.
“Despite these challenging and uncertain times,
we remain steadfast in our commitment to investing responsibly in
Host’s most material environmental, social and governance
priorities and delivering long-term value to our stakeholders,”
said Joanne Hamilton, Executive Vice President of Human Resources
and Corporate Responsibility. “We are proud to share our progress
and the ways we are responding to critical issues around climate,
health and wellness, inclusion and human rights in a more robust
report this year.”
Now in its third edition, the 2020 CR Report
features new and expanded sections including:
- Introduction of a refreshed CR
strategic framework centered around the concept of responsible
investment along with new Environmental Stewardship, Social
Responsibility and Governance themes
- New 2025 social targets to
complement our 2025 environmental targets
- Section on COVID-19 response and
impact
- Stakeholder engagement table
- Expanded social section that
includes diversity and inclusion, human rights and human
capital
- Updated Global Reporting Initiative
Index as well as new Task Force on Climate-Related Financial
Disclosures Report and a full Sustainable Accounting Standards
Board disclosure
Notable CR achievements highlighted within the
2020 CR Report include:
- New emissions reduction target
approved by Science Based Targets initiative at the 1.5-degree
Celsius level of ambition
- Issued first green bond in the
lodging industry—achieving the lowest effective bond pricing in
Host’s history
- ISO 14001-certified Environmental
Management System for entire consolidated portfolio
- New corporate headquarters designed
to and seeking LEED® Gold certification and certified as a Fitwel®
Multi-Tenant Whole Building, a leading certification system
committed to building health
- Joined CEO Action for Diversity
& Inclusion initiative
- 200+ charities supported including
160 employee-selected community investments, 13 company-sponsored
community service events and 600+ volunteer hours in 2019
To learn more, please read the 2020
Corporate Responsibility Report and view the updated Corporate
Responsibility pages on the Company website.
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 74 properties
in the United States and five properties internationally
totaling approximately 46,100 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.
SOURAV GHOSH Chief Financial
Officer (240) 744-5267
TEJAL ENGMAN Investor Relations
(240) 744-5116 ir@hosthotels.com
Host Hotels and Resorts (NYSE:HST)
Historical Stock Chart
From Oct 2024 to Nov 2024
Host Hotels and Resorts (NYSE:HST)
Historical Stock Chart
From Nov 2023 to Nov 2024