Summit Hotel Properties Investor Presentation Deck
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Leading Environmental, Social, and Governance Program
We established our ESG program in 2018 with the purpose of creating long-term value for our stakeholders by investing responsibly in our business,
environment, people and communities. Our program goals align with ISS and GRI frameworks to better identify ESG indicators that are material to our
business. In 2021, we set performance reduction targets in alignment with the Greenhouse Gas Protocol ("GHG Protocol"), which supplies the world's most
widely used greenhouse gas standards. We also established a corporate-level ESG steering committee, including subcommittees to prioritize and guide ESG
goals and initiatives. Our ESG program and reporting are overseen by our Board of Directors and senior management and a component of executive
compensation is tied to the progress of our ESG program.
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Environmental Stewardship Goals
Set reduction targets for emissions and water in
alignment with the Greenhouse Gas Protocol.
Increase our number of green certified hotels
through acquisition, renovation, construction and
tenant engagement programs.
Establish a Resource Management Program to
improve our environmental performance and
enhance asset value.
Decrease construction waste through recycling and upcycling.
Increase the recycling participation at our hotels.
Continue to preserve and protect our historical buildings.
Support and maintain the environmental programs
and initiatives established by our brand partners.
Social Responsibility Goals
Provide increased career development
opportunities for women and minorities to promote
their growth and scope of responsibility.
Require Summit employees to complete human
rights training, including harassment and human
trafficking awareness and prevention training.
Further cultivate a culture of connectedness based on our
primary values of passion, integrity, and excellence.
Advance a supportive and inclusive work
environment where all employees are empowered
to succeed.
Expand the activities of our charitable foundation to
carry out our vision and mission.
Contribute meaningfully to our local communities
through volunteer service hours and donation.
Note: Please see the Responsibility section of the Company's website for more information.
Governance & Resilience Goals
Maintain the highest standards of ethics and
corporate governance.
Support stakeholder rights.
Maintain open and effective lines of communication
with stakeholders.
Ensure active risk management to incorporate
evolving threats to our business and the integrity and
availability of our systems and services.
Maintain the integrity and security of our systems and data.
Continue to strengthen out portfolio against
environmental-related risk through active risk
management, continuous property enhancements
and preventative maintenance.
SUMMIT
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