corporate-governance-social-initiatives

Corporate
Responsibility

Sunstone Hotel Investors is committed to conducting our business according to the highest moral and ethical standards. We take a comprehensive view of investing in our assets, which means balancing the best interests of our stakeholders, the environment, our employees, our capital providers, the hotel associates, guests, and the communities in which we own hotels.

Our Corporate Responsibility Strategy & Commitment

We invest in hotels where we can create value through capital investment, repositioning, and
disciplined asset management. Our value creation strategy includes a commitment to
maintaining a strong corporate governance umbrella that establishes socially responsible
practices at our hotels and corporate office and prioritizes investments for instituting
environmentally sustainable assets. When implemented successfully, we can increase
profitability, enhance asset resiliency, strengthen relationships with suppliers and local
communities, and foster a respectful and innovative work environment.

Environmental
Impact

Throughout our portfolio, our Engineering and Asset Management teams continuously monitor energy, waste and water consumption and costs, as well as work with our operators to identify areas for improvement. We focus our Sustainability investments by identifying six primary factors: (i) properties with high energy consumption and/or high utility cost; (ii) dated equipment that is inefficient or nearing end-of-useful-life; (iii) initiatives that support our long-term sustainability goals or mitigate identified risks; (iv) best practices that reduce energy consumption and/ or utility cost, (v) properties in locations with regulatory performance requirements, and (vi) available incentives associated with all potential investments.

electric

2035 Target: 10% reduction in Energy Intensity per sqaure foot compared to 2023 baseline

water

2035 Target: 10% reduction in Water Intensity per occupied room compared to 2023 baseline

factory

2035 Target: 45% reduction in Carbon Emissions Intensity per square foot compared to 2023 baseline

Social Impact

We strive to create a healthy and supportive workplace for Sunstone Hotel Investors employees through establishing a safe, inclusive, and accommodating work environment, as well as offering competitive wages & benefits, and career development opportunities. We also work with our hotel managers to offer the same support for hotel associates. Furthermore, we seek to support the communities where we work and own hotels through community outreach programs and philanthropic efforts.

donate

Since 2015, the Sunstone Community Involvement Program has donated over $819,000 to nearly 200 charities, and, in 2024, employees donated over 300 pounds of food and household items

5-star-promise

Sunstone fully supports and encourages all of our operators to adopt and abide by the American Hotel & Lodging Association’s 5-Star Promise

Governance

Our corporate governance follows industry best practice to ensure a high level of transparency, accountability and effective management. Our Corporate Governance Guidelines outline the operational procedures of our Board of Directors and its committees, and sets forth a common set of expectations. Three primary committees: the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee, are overseen by the Board to ensure compliance with policies and procedures, including Board composition and executive and management compensation. For additional information, please visit our Corporate Governance page.

hands

Adopted a shareholder’s right to amend bylaws, opted out of Maryland Business Combinations Act, prohibited adopting a shareholder’s rights plan, and adopted proxy access.

document

Enterprise-level risk assessment conducted quarterly by the Audit Committee and reviewed annually by the entire Board.

people

Non-classified board with annual election of all directors with majority voting in all uncontested elections.

Corporate Responsibility References




Past Reports