Summit Hotel Properties has unveiled its latest Corporate Responsibility Report, showcasing the company’s dedication to responsible investment practices, environmental stewardship, and fostering long-term shareholder value. The report underscores Summit’s strategic focus on sustainability, highlighting efforts to reduce its carbon footprint and integrate eco-friendly initiatives across its operations.
This year’s report shines a spotlight on Summit’s growing portfolio of sustainable investments and partnerships that align with global environmental goals. The company has introduced several programs to further enhance the well-being of its workforce, promote diversity, and support community-driven projects. This comprehensive approach not only strengthens Summit’s market position but also ensures it remains a leader in sustainable business practices within the hospitality sector.
“I am pleased to share the continued progress we made in advancing our Environmental, Social, and Governance (ESG) program and initiatives over the past year. We recognize that the ESG landscape continues to evolve and we believe our program addresses the interests of our many stakeholders. Our commitment to sustainability and responsibility has not only strengthened our organization but also exemplifies our dedication to having a positive effect on all of these constituencies,” stated Jonathan P. Stanner, President and Chief Executive Officer.
“We have already reached 87% of the reduction target that we are working to achieve by the end of 2025 and our commitment to community engagement remains steadfast with our contributions and charitable activities approaching $1,000,000 and 1,400 service volunteer hours, respectively, to support 55 charitable organizations. We continue to foster a diverse, equitable, and inclusive work culture that recognizes and rewards excellence based on merit and performance. We are excited for current and future opportunities to further enhance our ESG program to support our values,” continued Mr. Stanner.
The Corporate Responsibility Report aims to provide stakeholders with a clearer insight into the Company’s dedication to environmental stewardship, social responsibility, governance, and overall resilience. It serves as a transparent overview of the initiatives and efforts driving the Company’s sustainability and ethical business practices.
