BETHESDA, MD, Jan. 09, 2025 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. has been appointed (NASDAQ: NASDAQ:) (the Company), the nation’s largest residential 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 leader in sustainability. In addition, the company has been listed on the DJSI North America Index for the eighth consecutive year.
DJSI World consists of corporate leaders in global sustainability across all industries as identified by S&P Global through its Annual Assessment (CSA). The index tracks the top 10% of the 2,500 largest companies in the S&P Global Broad Market Index, which leads the industry in terms of sustainability. The company was one of only four US REITs to make this prestigious list.
“We are proud to once again be recognized for our exceptional Corporate Responsibility program and accomplishments, which demonstrate our dedication to transparency, accountability and responsible investing,” said Mike Lentz, Executive Vice President of Development, Design and Construction and Executive Sponsor of Host’s Corporate Responsibility Program. . This recognition underscores our dedication to making a positive impact on our industry and our communities by prioritizing sustainability, innovation and responsible business practices as we seek to create long-term value while maintaining 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:
- Expanding sustainable financing to nearly $5 billion to support investments in sustainable projects and green building certifications
- We have completed 720 projects with sustainability features over the past five years with $23 million in estimated annual facility savings, representing an average cash-on-cash return of 13-20%
- We achieved four new LEED certifications for a total of 20 properties with LEED certification and 17 more projects underway.
- We reached our annual goal of at least 90% of employees participating in charitable giving and/or volunteering
- Triple the number of employees who participated in development programs through targeted learning and development opportunities
- We exceeded our annual engagement target of 85%, with 88% of employees highly engaged according to our latest employee engagement survey
To learn more about the Company’s commitment to corporate responsibility along with our strong results, performance and progress, view our 2024 Corporate Responsibility Report and the Corporate Responsibility pages on our company website.
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About the host hotels and resorts
Host Hotels & Resorts, Inc. An S&P 500 company, it is the largest residential real estate investment trust and one of the largest owners of luxury and upscale hotels. The company currently owns 76 properties in the United States and five internationally totaling approximately 43,400 rooms. The company also has non-controlling interests in seven domestic and one international joint ventures.
Sourav Ghosh CFO (240) 744-5267 |
Jaime Marcos Investor relations (240) 744-5117 [email protected] |
Source: Host Hotels & Resorts, LP
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