RICHMOND, Virginia—Apple Hospitality REIT, Inc. printed its annual Company Accountability Report, which particulars the corporate’s environmental, social, and governance (ESG) efficiency, technique, and initiatives and consists of its dedication to environmental sustainability, company staff, resort associates and visitors, communities, and different stakeholders.
“Apple Hospitality has all the time labored to uphold excessive ESG requirements and believes these key areas of focus are an integral a part of driving long-term worth for our shareholders,” mentioned Justin Knight, CEO of Apple Hospitality. “As a part of our dedication to steady enchancment, we’re happy to report Scope 1 and a pair of greenhouse fuel emissions for 2022. We’re devoted to the development of sustainability initiatives that successfully stability environmental stewardship with our enterprise targets, in addition to making a constructive affect on our area people and the numerous communities our inns serve. These areas of focus have all the time been extremely necessary to us, and we proceed to include new packages and methods because the ESG panorama expands and evolves.”
The Firm’s 2023 Company Accountability Report makes use of each the World Reporting Initiative (GRI) Requirements and Job Drive on Local weather-related Monetary Disclosures (TCFD) to offer an summary of the corporate’s company duty efficiency and climate-related threat administration. Apple Hospitality’s disclosures are supposed to offer stakeholders with a greater understanding of the corporate’s technique, insurance policies, packages, procedures, efficiency, and initiatives associated to environmental stewardship, social duty, and company governance and resiliency.
