Host Hotels & Resorts, Inc. Named to Dow Jones Sustainability Index North America and Achieved the Number One Position in the United States for Listed Companies by GRESB
BETHESDA, Md., Oct. 10, 2017 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NYSE:HST) (the “Company”), the nation’s largest lodging real estate investment trust, has been recognized for its corporate responsibility leadership by the Dow Jones Sustainability Indices (“DJSI”) and the Global Real Estate Sustainability Benchmark (“GRESB”). For the first time, the Company was named to the DJSI North America Index, joining the top 20 percent of the largest and most sustainable North American companies of the S&P Global Broad Market Index. In addition, the Company earned the top position in the Hotels sector and in the United States for Listed companies, and is ranked 8th among all 823 GRESB participants. The Company also achieved the “Green Star” designation from GRESB, which recognizes outstanding management and implementation of key sustainability issues.
“We couldn’t be more proud of this recognition and are honored to be named as a sustainability leader within our industry and in the U.S.,” said Joanne Hamilton, Executive Vice President of Human Resources and also executive champion of Host’s Corporate Responsibility program. “Following our recent achievements, including attaining our 2017 environmental goals ahead of schedule and being the first hospitality company to have its emissions target approved by the Science Based Targets initiative, we feel that this recognition is a great reflection of our commitment to corporate responsibility and to improving our economic, environmental and social performance each year.”
Launched in 1999, DJSI is maintained by S&P Dow Jones Indices and RobecoSAM and measures the performance of sustainability leaders. Companies undergo a comprehensive assessment of long-term economic, environmental and social criteria and only the top industry leaders are included in the Indices. This was the Company’s first response to DJSI.
In the GRESB Real Estate Assessment, which benchmarks environmental, social and governance performance against peers, the Company has improved its overall score each year since its first response in 2013, with a 12-point improvement since last year to 94 out of 100. Significant increases occurred in monitoring & environmental management system, building certifications and stakeholder engagement.
About Host Hotels & Resorts
Host Hotels & Resorts, Inc. is an S&P 500 and Fortune 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 89 properties in the United States and 6 properties internationally totaling approximately 53,000 rooms. The Company also holds non-controlling interests in seven joint ventures, including one in Europe that owns 10 hotels with approximately 3,900 rooms. 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®, Le Meridien®, The Luxury Collection®, Hyatt®, Fairmont®, Hilton®, Swissôtel®, ibis®, Pullman®, and Novotel® as well as independent brands in the operation of properties in over 50 major markets. For additional information, please visit the Company's website at www.hosthotels.com.
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Bret D.S. McLeod
Senior Vice President