BETHESDA, Md., Dec. 10, 2015 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NYSE:HST) announced today that the company was recognized as a World Leader for corporate action on climate change and achieved a position on the 2015 Climate “A” List and Climate Disclosure Leadership Index (CDLI) by CDP; achieved Global Sector Leader, Regional Sector Leader and Green Star status in the 2015 Global Real Estate Sustainability Benchmark (GRESB) survey; and received the 2015 Lodging/Resorts Leader in the Light award from the National Association of Real Estate Investment Trusts (NAREIT), the highest achievement for all Lodging/Resorts REITs.
“We are honored to receive this leadership recognition for our corporate responsibility performance,” said Joanne Hamilton, Executive Vice President and Corporate Responsibility champion at Host. “Our continued focus and commitment to corporate responsibility has driven measurable results including enhancing the financial value of our portfolio while improving our environmental performance and strengthening our local communities.”
Host is one of 113 “A Listers” on The Climate “A” List by CDP, the international not-for-profit that drives sustainable economies. Approximately 2,000 companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology. Host is among 5% of the companies participating in CDP’s climate change program to be awarded a position on the Climate A List, which recognizes companies for their actions to reduce emissions and mitigate climate change.
Additionally, Host earned a position on CDP’s CDLI, which highlights the company’s high level of transparency and data quality in the disclosure of climate-related information. The reported data has been independently assessed against CDP’s scoring methodology and marked out of 100. Those organizations graded within the top 10% constitute the CDLI. Host achieved a disclosure score of 99 and the highest performance band score of “A” for climate performance assessment. The industry group average was 87/C and the CDP program average was 84/C.
Host was also named Global Sector Leader by GRESB, which recognizes the international top performer within the Hotels sector; and achieved “Green Star” status, the highest possible designation based on score, which recognizes outstanding management and implementation of key sustainability issues. Host was also named Regional Sector Leader, a new status for this year, recognizing the North American top performer within the Hotels sector. Host’s score of 86 out of 100 placed the company 1st within its peer group of 9; 4th within the entire North America region of 155; and 22nd out of 688 global GRESB respondents. The peer average was 53 and the overall GRESB average was 55.
As part of the GRESB survey, Host was recognized by NAREIT as one of the REIT industry’s leading companies in the area of sustainability over the past 12 months and was the co-winner of the 2015 Lodging/Resorts Leader in the Light award, sharing the top spot this year with Hersha Hospitality Trust. The Leader in the Light Awards are presented to NAREIT member REITs that have implemented superior sustainability programs that have produced significant, measurable results.
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 94 properties in the United States and 13 properties internationally totaling approximately 58,000 rooms. The Company also holds non-controlling interests in five joint ventures, including one in Europe that owns 10 hotels with approximately 3,900 rooms and one in Asia that has interests in three hotels in India. 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®, Swissotel®, ibis®, and Novotel® as well as independent brands in the operation of properties in over 50 major markets worldwide. For additional information, please visit the Company's website at www.hosthotels.com.
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Gregory J. Larson Executive Vice President 240.744.5120 Gee Lingberg Vice President 240.744.5275
Source:Host Hotels & Resorts, Inc.