2021 HERSHA EARTHVIEW SUSTAINABILITY REPORT
Hersha’s proprietary sustainability platform, EarthView®, was created in 2010 and exemplifies our commitment to simultaneously delivering financial value while supporting the well-being of our guests, our associates, our communities, and our planet. Our approach considers the impact of our business on all stakeholders and the environment in order to achieve long-term growth and success. We are delighted to share our 2021 impact and the strides we have made in our environmental, social, and governance (ESG) efforts toward a more sustainable, connected, and inclusive world.
This report is prepared in accordance with relevant international standards and best practices, in particular the Sustainability Accounting Standards Board (SASB) for the Real Estate Sector and the Task Force on Climate-related Financial Disclosures (TCFD).
2021 EarthView Sustainable Hospitality Highlights
Net-Zero
Scope 1+2 GHG Emissions by 2050
Hersha has committed to achieving net-zero Scope 1 and 2 GHG emissions across all operations by 2050, with an interim reduction target
set for 2030.
Risk & ESG
Board Oversight of ESG
In 2021, our Board added a Risk & ESG Subcommittee to increase oversight of ESG-related risks and opportunities.
#1
In Global Real Estate Sustainability Benchmark (GRESB) Public Disclosure
Ranked #1 in GRESB’s public disclosure among U.S. hotel REITs in 2021 for the second consecutive year.
Diversity & Inclusion
Signatory of the CEO Action for Diversity and Inclusion Pledge
Hersha is a signatory of the CEO Action for Diversity & Inclusion pledge to advance diversity and inclusion in the workplace.
