ESG Performance
We are committed to having a robust Corporate Responsibility program that incorporates Environmental, Social and Governance (ESG) strategies into our business to increase both the sustainability and the value of our portfolio.
We respond to various ESG analyst requests on a regular basis and CR-related questionnaires annually. We set clear goals and targets and expand our monitoring capabilities seek to continuously improve our overall sustainability performance.
A one page snapshot of our Key Performance Indicators
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2025 Company Profile*
41,700
Rooms in Consolidated Portfolio
44.6M
FT2 in Consolidated Portfolio
*Data as of December 31, 2025.
Environmental Stewardship
Building Certifications
| Indicator | 2025 | 2024 | 2023 |
|---|---|---|---|
| Properties with LEED Certification | 24 | 20 | 14 |
| Building Certification Goal Completion | 30.4% | 24.7% | 18.2% |
| Total LEED-Certified Area | 8,598,600 square feet | 7,056,414 square feet | 5,009,753 square feet |
| LEED Projects in Pipeline at Properties Without Existing LEED Certification | 10 | 16 | 20 |
| LEED Projects in Pipeline | 10 | 17 | 22 |
Emissions
| Indicator | 2025 | 2024 | 2023 |
|---|---|---|---|
| Performance Towards 2030 Absolute GHG Emissions Target | 36.04% | 32.58% | 26.23% |
| Scope 1 & Scope 2 Emissions Intensity | 4.98 kgCO2e/SF | 5.35 kgCO2e/SF | 5.86 kgCO2e/SF |
| Year-on-Year Scope 1 & Scope 2 Absolute GHG Emission Intensity Performance | -5.14% | -8.61% | -10.12% |
| Absolute Total Scope 1 & Scope 2 Market-Based Emissions | 222,322 MTCO2e | 234,367 MTCO2e | 256,449 MTCO2e |
| Absolute Scope 1 Emissions | 97,658 MTCO2e | 92,608 MTCO2e | 84,826 MTCO2e |
| Absolute Scope 2 Market-Based Emissions | 124,664 MTCO2e | 141,759 MTCO2e | 171,622 MTCO2e |
| Absolute Scope 2 Location-Based Emissions | 195,087 MTCO2e | 198,800 MTCO2e | 217,877 MTCO2e |
| Absolute Total Scope 3 Emissions | 49,218 MTCO2e | 15,365 MTCO2e | 13,364 MTCO2e |
Energy
| Indicator | 2025 | 2024 | 2023 |
|---|---|---|---|
| Portfolio-Wide Energy Intensity | 25.86 kWh/SF | 25.91 kWh/SF | 25.65 kWh/SF |
| Scope 1 Energy Consumption | 536,031 MWh | 509,569 MWh | 465,842 MWh |
| Absolute Fuel Consumption | 1,153,484 MWh | 1,135,802 MWh | 1,122,677 MWh |
| Scope 2 Energy Consumption | 617,453 MWh | 626,233 MWh | 656,835 MWh |
Renewable Energy
| Indicator | 2025 | 2024 | 2023 |
|---|---|---|---|
| Performance Towards 2030 Renewable Energy Target | 30.6% | 25.2% | 18.17% |
| Total Renewable Energy Consumed | 171,135 MWh | 143,922 MWh | 107,802 MWh |
| Onsite Renewable Energy Generation | 4,042 MWh | 3,922 MWh | 3,534 MWh |
| Renewable Energy Credit Procurement | 167,093 MWh | 140,000 MWh | 104,628 MWh |
| Total On-Site Solar Capacity Installed | 6,006 kW | 2,955 kW | 2,955 kW |
| Properties with On-Site Solar Installed or Under Development | 22 | 16 | 14 |
Waste
| Indicator | 2025 | 2024 | 2023 |
|---|---|---|---|
| Performance Towards 2030 Waste Diversion Target | 64.7% | 63% | 71% |
| Major Renovation Projects with Waste Diversion Data | 76.5% | 66% | 93% |
| Total Tracked Construction Waste | 4,497 Metric Tons | 2,794 Metric Tons | 10,568 Metric Tons |
| Total Tracked Construction Waste Diversion Rate | 76.6% | 78.1% | 77% |
| Total Tracked Construction Waste Diverted from Landfill | 3,444 Metric Tons | 2,181 Metric Tons | 8,200 Metric Tons |
| Operational Waste Generated | 24,071 Metric Tons | 32,534 Metric Tons | 29,569 Metric Tons |
| Total Operational Waste Diverted from Landfill | 17.3% | 16% | 23% |
| Properties Providing Operational Waste Data | 84% | 83% | 82% |
Water
| Indicator | 2025 | 2024 | 2023 |
|---|---|---|---|
| Performance Towards 2030 Water Intensity Reduction Goal | 1.3% | -1% | -0.30% |
| Water Intensity (Per Occupied Room) in Water-Stressed Areas | 0.18 kGal/Occupied Room | 0.18 kGal/Occupied Room | 0.18 kGal/Occupied Room |
| Flood Area in Regions with "High" or "Extremely High" Baseline Water Stress | 35% | 35.5% | 35.75% |
| Total Water Withdrawn in Regions with "High" or "Extremely High" Baseline Water Stress | 37.3% | 38.9% | 37.07% |
| Absolute Water Withdrawals | 2,644,076 Kilo-Gallons | 2,649,607 Kilo-Gallons | 2,699,945 Kilo-Gallons |
| Total Net Freshwater Consumption | 793,222 Kilo-Gallons | 794,882 Kilo-Gallons | 809,984 Kilo-Gallons |
| Water Intensity (Per Occupied Room) Across the Consolidated Portfolio | 0.19 kGal/Occupied Room | 0.20 kGal/Occupied Room | 0.20 kGal/Occupied Room |
Social Responsibility
Community Investments
| Indicator | 2025 | 2024 | 2023 |
|---|---|---|---|
| Employees Participating in Charitable Giving and/or Volunteerism | 96% | 91% | 90% |
| Percent of Nonprofits Selected by Employees | 78% | 78% | 63% |
| Number of Nonprofits Supported | 276 | 283 | 201 |
Workforce
| Indicator | 2025 | 2024 | 2023 |
|---|---|---|---|
| Employees Trained on Diversity Topics Including Unconscious Bias | 100% | 100% | 98% |
| Percentage of Employees that Completed Code of Business Conduct and Ethics Training | 100% | 100% | 100% |
| Percentage of Employees that Receive Cybersecurity Training | 100% | 100% | 100% |
| Total Employees | 163 | 164 | 163 |
| Full-Time Employees | 100% | 100% | 99% |
| Average Years of Tenure of All Employees | 14 Years | 14 Years | 13 Years |
