Sunstone Hotel Investors, Inc. focuses its corporate responsibility strategy on environmental sustainability, social responsibility, and corporate governance to maximize shareholder value, operate sustainable buildings, protect assets, and invest in hotel associates.
02
The company's Corporate Responsibility program is overseen by an ESG Committee comprising employees and executives from Legal, Finance, and Risk Management/ESG, with support from external consultants.
03
Sunstone has adopted key policies including Corporate Governance Guidelines, an Environmental Policy, and a Vendor and Business Partner Code of Conduct, which are reviewed annually to outline expectations and standards for operations and responsible business conduct.
04
The company's climate strategy involves investing in mitigation opportunities to reduce its environmental impact and implementing asset resiliency measures to protect against natural disasters like windstorms, floods, droughts, and fires, particularly in high-risk areas like California, Texas, and Florida.
05
Sunstone conducts annual employee performance processes and a semi-annual employee satisfaction survey (with a 94% response rate in mid-2023) to address employee-related matters and improve company culture, with 100% of employees participating in training on various topics including Code of Business Conduct and Ethics, and Cybersecurity.
Insights
01
Sunstone Hotel Investors, Inc. focuses its corporate responsibility strategy on environmental sustainability, social responsibility, and corporate governance to maximize shareholder value, operate sustainable buildings, protect assets, and invest in hotel associates.
02
The company's Corporate Responsibility program is overseen by an ESG Committee comprising employees and executives from Legal, Finance, and Risk Management/ESG, with support from external consultants.
03
Sunstone has adopted key policies including Corporate Governance Guidelines, an Environmental Policy, and a Vendor and Business Partner Code of Conduct, which are reviewed annually to outline expectations and standards for operations and responsible business conduct.
04
The company's climate strategy involves investing in mitigation opportunities to reduce its environmental impact and implementing asset resiliency measures to protect against natural disasters like windstorms, floods, droughts, and fires, particularly in high-risk areas like California, Texas, and Florida.
05
Sunstone conducts annual employee performance processes and a semi-annual employee satisfaction survey (with a 94% response rate in mid-2023) to address employee-related matters and improve company culture, with 100% of employees participating in training on various topics including Code of Business Conduct and Ethics, and Cybersecurity.