Industry NewsApple Hospitality REIT Publishes Corporate Responsibility Report

Apple Hospitality REIT Publishes Corporate Responsibility Report

RICHMOND, Virginia—Apple Hospitality REIT, Inc. published its annual Corporate Responsibility Report, which details the company’s environmental, social, and governance (ESG) performance, strategy, and initiatives and includes 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. “As part of our commitment to continuous improvement, we are pleased to report Scope 1 and 2 greenhouse gas emissions for 2022. We are dedicated to the advancement of sustainability initiatives that effectively balance environmental stewardship with our business goals, as well as making a positive impact on our local community and the many communities our hotels serve. These areas of focus have always been incredibly important to us, and we continue to incorporate new programs and strategies as the ESG landscape expands and evolves.”

The Company’s 2023 Corporate Responsibility Report uses both the Global Reporting Initiative (GRI) Standards and Task Force on Climate-related Financial Disclosures (TCFD) to provide an overview of the company’s corporate responsibility performance and climate-related risk management. Apple Hospitality’s 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.