Host Hotels & Resorts Publishes 2022 Corporate

BETHESDA, Md., Sept. 14, 2022 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging actual property funding belief (the “Company”), launched its 2022 Corporate Responsibility (CR) Report, which particulars the Company’s CR program and accountable funding technique together with its environmental, social and governance (ESG) efficiency, progress and industry-leading accomplishments. Additionally, the 2022 CR Report introduces the framework for the Company’s 2050 CR imaginative and prescient.

“It was a milestone year for Host’s social initiatives—especially our commitment to diversity, equity, inclusion and belonging—and we continued to lead on the environmental front,” mentioned Joanne Hamilton, government vp of human assets and company duty. “While we continue to make significant progress toward our social and environmental targets, we are looking beyond 2025 and taking steps for Host to contribute to a more sustainable world. We are excited to share our 2050 aspiration of becoming a net positive company, along with our progress across business and society-critical issues.”

Now in its fifth version, the 2022 CR Report additionally options expanded Task Force on Climate-Related Financial Disclosures (TCFD) and Sustainability Accounting Standards Board (SASB) indices in addition to an Equal Employment Opportunity (EEO-1) Report, which offers a demographic breakdown of our workforce.

Notable ESG achievements highlighted inside the Report embody:

• Continued investments in sustainability towards our emissions discount goal verified by Science Based Targets initiative on the 1.5-degree Celsius stage of ambition
• Third inexperienced bond issuance bringing the whole raised to $1.85 billion to put money into sustainability ROI initiatives and LEED®-certified inns
• Two new LEED-certified properties and one LEED EBOM Gold recertification for a complete of 9 LEED-certified properties (together with three LEED Gold inns in addition to Host’s company headquarters)
• 90+ EV chargers put in at over 30 inns
• Launch of Host’s range, fairness, inclusion and belonging (DEIB) program and girls’s worker useful resource group; and institution of partnerships with a number of native and nationwide organizations to additional help and provides again to our Black and Brown communities
• Two-year, $500,000 pledge in help of the Arne M. Sorenson Hospitality Fund and the Marriott-Sorenson Center for Hospitality Leadership at Howard University
• 166 charities supported together with almost 100 employee-selected neighborhood investments
• Launch of second, expanded Supplier Excellence Survey along with launch of Supplier Diversity Survey to all strategic suppliers
• Comprehensive replace to our Enterprise Risk Management (ERM) evaluation

To study extra, please learn the 2022 Corporate Responsibility Report and consider the Corporate Responsibility pages on the Company web site.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc. is an S&P 500 firm and is the most important lodging actual property funding belief and one of many largest homeowners of luxurious and upper-upscale inns. The Company presently owns 73 properties within the United States and 5 properties internationally totaling roughly 42,300 rooms. The Company additionally holds non-controlling pursuits in seven home and one worldwide joint ventures.

This press launch accommodates registered logos which are the unique property of their respective homeowners. None of the homeowners of those logos has any duty or legal responsibility for any data contained on this press launch.