Business
Host Hotels & Resorts Publishes New, Expanded Corporate Responsibility Report
BETHESDA, Md., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the
About this update from Host Hotels & Resorts, Inc.
[{"type":"text","content":"BETHESDA, Md., Nov. 09, 2020 (GLOBE NEWSWIRE) -- 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.\n “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 themesNew 2025 social targets to complement our 2025 environmental targetsSection on COVID-19 response and impactStakeholder engagement tableExpanded social section that includes diversity and inclusion, human rights and human capitalUpdated 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 ambitionIssued first green bond in the lodging industry—achieving the lowest effective bond pricing in Host’s historyISO 14001-certified Environmental Management System for entire consolidated portfolioNew 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 healthJoined CEO Action for Diversity & Inclusion initiative200+ charities supported including 160 employee-selected community investments, 13 company-sponsored community service events and 600+ volunteer hours in 2019 To learn more, pl...