This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
BETHESDA, Md., Aug. 14, 2014 (GLOBE NEWSWIRE) -- Marriott International, Inc. (Nasdaq:MAR) today released its 2014
Sustainability Report – available this year as 10 separate and concise issue reports – sharing the company's progress against a 2007 baseline, including a nearly 13 percent decrease in water intensity, 11 percent decrease in energy intensity, and a 12 percent decrease in greenhouse gas emissions intensity. One of Marriott's key environmental goals is to achieve a 20 percent reduction in energy and water intensity by 2020
Marriott International 2014 Sustainability Report
Cintas Eco-uniforms are used by nine brands in the Marriott portfolio.
"Our sustainability strategy is critical to the growth and success of our communities, our company, and our efforts to help protect our planet's natural resources," said Arne Sorenson, president and CEO of Marriott International.
Green Hotels Global tool used by Marriott International worldwide helps drive the company's sustainability efforts and transparency, and was made a brand standard in 2013. The tool tracks the environmental footprint of each hotel in the company's portfolio, including water and energy use, greenhouse gas emissions, recycling and over 100 property-level environmental practices.
"We're pleased that our sustainability performance is continuing to improve globally. In the U.S. nearly 50 percent of our portfolio recently earned
TripAdvisor GreenLeader™ status thanks to our work and the use of tools like Green Hotels Global," said Denise Naguib, vice president of sustainability and supplier diversity. "Our supply chain focus, which ties to our sustainability and commitment to diversity and inclusion, has also progressed with our achievement of 75 percent spend with sustainable suppliers through
MindClick Global's Sustainability Index for furniture, fixtures and equipment and $468 million in spend with diverse suppliers."
report also highlights Marriott's decades-long commitment to developing a skilled workforce. Globally Marriott is supporting youth employment initiatives such as its
"World of Opportunity" charitable giving and workplace skills training program in 24 European countries, The Ritz-Carlton's
"Succeed Through Service" program in 26 countries; the Akilah Institute for Women in Rwanda, where Marriott has hired 40 young graduates; and the International Tourism Partnership
Youth Career Initiative (YCI) program in 10 countries.
"Creating a sustainable future means creating more jobs and stronger communities, a greater 'world of opportunity'," said Mari Snyder, vice president of social responsibility. "Our partnerships allow us to be a catalyst to address rising youth unemployment and help provide skills to prepare young people for the workplace. One of the company's signature partners is the
Marriott Foundation for People with Disabilities, a 501c3 nonprofit organization that the Marriott family started with a model designed by Marriott associates to help urban youth with disabilities secure competitive jobs while helping employers source a talent pool of youth they may not have considered. Twenty-five years later, the Bridges program alone has served 20,000 youth."
Marriott's reporting approach this year was to present the issues that matter most to its stakeholders in concise, simplified reports that can be accessed, read and shared online or via social media, especially by its "next generation" associates and customers. The issue reports include: Workforce Development; Environmental Performance; Stakeholder Engagement and Policy Advocacy; Global Diversity and Inclusion; Health, Safety and Wellbeing; Responsible Sourcing; Business Model and Sustainability Strategy; Business Ethics and Human Rights; Community Engagement and Natural Capital.
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and
strategies to help you become a well-seasoned trader.
100+ monthly options trading ideas
Actionable options commentary & news
Real-time trading community
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.