RICHMOND, VA.—Apple Hospitality REIT, Inc. published its inaugural Corporate Responsibility Report, which details the company’s environmental, social and governance (“ESG”) performance, strategy and initiatives and features its commitment to environmental sustainability, corporate employees, hotel associates and guests, communities, and other stakeholders.
“Apple Hospitality has always worked to uphold high ESG standards and believes these key areas of focus are an integral part of driving long-term value for our shareholders,” said Justin Knight, CEO of Apple Hospitality. “We own one of the largest and most geographically diverse portfolios of rooms-focused hotels in the United States and are dedicated to making a positive impact on the many communities our hotels serve. We are mindful of our environmental footprint and committed to reducing our impact over time. We are proud to highlight our initiatives and progress in this inaugural Corporate Responsibility Report and look forward to providing additional updates on our ESG-related efforts over time.”
The company’s 2022 Corporate Responsibility Report utilizes both the Global Reporting Initiative (“GRI”) Standards and Task Force on Climate-related Financial Disclosures (“TCFD”) to provide a comprehensive overview of the company’s corporate responsibility performance and climate-related risk management. Apple Hospitality’s enhanced disclosures are intended to provide stakeholders with a better understanding of the company’s strategy, policies, programs, procedures, performance, and initiatives related to environmental stewardship, social responsibility, and corporate governance and resiliency. The company’s 2022 Corporate Responsibility Report and other ESG-related materials can be found on the company’s website at https://applehospitalityreit.com/corporate-responsibility/.