Pebblebrook Hotel Trust Publishes Sixth Annual Corporate Sustainability Report
01 Octubre 2024 - 6:00AM
Business Wire
Pebblebrook Hotel Trust (NYSE: PEB) (the “Company” or
“Pebblebrook”) today announced the release of its sixth annual
Corporate Sustainability Report, highlighting the Company’s 2023
performance and efforts toward sustainable business practices and
responsibility to employees and stakeholders.
Pebblebrook’s 2024 Corporate Sustainability Report is aligned
with international reporting standards such as the Global Reporting
Initiative (“GRI”). The report includes pivotal disclosures in
accordance with the Real Estate Sustainability Accounting Standard
of the Sustainability Accounting Standards Board (“SASB”). It also
demonstrates Pebblebrook’s proactive approach in evaluating and
planning for sustainability risks following the guidelines of the
Task Force on Climate-Related Financial Disclosure (“TCFD”).
Additionally, the report highlights the Company’s progress towards
significantly reducing its greenhouse gas emissions intensity by
35% by 2030.
Key achievements highlighted in the 2024 Corporate
Sustainability Report include:
- 1 Hotel San Francisco earning LEED Gold Certification for
Operations and Maintenance;
- The implementation of regular energy and water equipment
maintenance across all properties; and
- Compared to the respective baseline years:
- A 38% reduction in greenhouse gas (GHG) emissions intensity per
square foot;
- A 24% decrease in energy intensity per square foot; and
- A 67% decline in waste intensity per occupied room.
The report also features examples of asset resiliency
improvements at key properties and case studies on sustainable
initiatives, including Newport Harbor Island Resort’s sustainable
redevelopment and Jekyll Island Club Resort’s water conservation
efforts. Further highlights include biodiversity programs at
multiple properties, various sustainability certifications, and an
extensive commitment to diversity, with 52% of the workforce being
female and 50% of independent members of the Board of Trustees
representing diverse backgrounds. Finally, the report reflects
Pebblebrook’s ongoing support for charitable organizations and
employee volunteerism.
Pebblebrook’s commitment to corporate sustainability principles
underscores its role as a responsible corporate citizen and sets a
benchmark in the hospitality industry for sustainable and equitable
practices. Additionally, in 2024, Pebblebrook updated certain
corporate policies to clarify language and better align with
international standards.
The 2024 Corporate Sustainability Report and other related
materials can be found at the following website:
https://pebblebrookhotels.com/corporate-responsibility/
Pebblebrook’s ESG Committee consists of three independent
members of the Board of Trustees, one executive officer, and three
senior employees, including Phillip M. Miller (Chairperson and
independent trustee), Cydney C. Donnell (independent trustee),
Bonny W. Simi (independent trustee), Raymond D. Martz (Co-President
and Chief Financial Officer), Gabrielle Buck (Vice President),
Susan Patterson (Vice President), and Matt Klein (Director).
About Pebblebrook Hotel
Trust
Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real
estate investment trust (“REIT”) and the largest owner of urban and
resort lifestyle hotels and resorts in the United States. The
Company owns 46 hotels and resorts, totaling approximately 12,000
guest rooms across 13 urban and resort markets. For more
information, visit www.pebblebrookhotels.com and follow
@PebblebrookPEB.
For additional information or to receive press
releases via email, please visit www.pebblebrookhotels.com
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version on businesswire.com: https://www.businesswire.com/news/home/20241001525424/en/
Raymond D. Martz, Co-President and Chief
Financial Officer, Pebblebrook Hotel Trust - (240) 507-1330
Pebblebrook Hotel (NYSE:PEB)
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