Investing.com named Host Hotels & Resorts a global leader in sustainability according to the Dow Jones Sustainability World Index for the sixth year in a row
BETHESDA, Md., Jan. 09, 2025 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: NASDAQ: ) (the Company), the nation’s largest 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 sustainability leader. In addition, the company has been included in DJSI North America for the eighth consecutive year.
DJSI World consists of corporate leaders in global sustainability across all industries 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 that are leading the field in terms of sustainability. The company was one of only four US real estate investment trusts to make this prestigious list.
We are proud to be recognized again for our exceptional corporate responsibility program and achievements, which demonstrate our commitment to transparency, accountability and responsible investment, said Mike Lentz, executive vice president of development, design and construction and executive sponsor of Host’s corporate responsibility program. This recognition underscores our commitment to positively impacting our industry and communities by prioritizing sustainability, innovation and responsible business practices as we strive to create long-term value while upholding the highest standards of environmental and social responsibility.
This recognition reflects another outstanding year of progress and impact for our corporate responsibility program, including a number of recent milestones:
- Expanded sustainable financing to nearly $5 billion to support investments in sustainable projects and green building certifications
- Completed 720 projects with sustainability attributes over the past five years with $23 million in estimated annual utility cost savings representing a 13-20% average cash-on-cash return
- We received four new LEED certificates for a total of 20 buildings with a LEED certificate and another 17 projects in preparation
- We have reached our annual goal of at least 90% of employees participating in charitable giving and/or volunteering
- The number of employees who participated in development programs through targeted learning and development opportunities tripled
- We exceeded our annual target of 85% engagement with 88% of employees rated as highly engaged in our latest employee engagement survey
To learn more about the Company’s commitment to corporate responsibility, along with our strong results, performance and progress, please see the 2024 Corporate Social Responsibility Report and the Corporate Social Responsibility pages on the Company’s website.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global source of fundamental index concepts, data and research, and home to iconic financial market indicators such as ® and ®. More funds are invested in our index-based products than any other vendor’s index-based products in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indexes across the spectrum of asset classes, helping to define the way investors measure and trade markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides individuals, companies and governments with essential data to make decisions with confidence. For more information, visit: www.spglobal.com/spdji.
ABOUT HOST HOTELS AND RESORTS
Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest foundation for investment in real estate and one of the largest owners of luxury and top hotels. The company currently owns 76 properties in the United States and five properties overseas with a total of approximately 43,400 rooms. The Company also has non-controlling interests in seven domestic and one international joint venture.
SOURAV GHOSH Chief Financial Officer (240) 744-5267 |
JAIME MARCUS Investor relations (240) 744-5117 ir@hosthotels.com |
Source: Host Hotels & Resorts, LP