Summit Hotel Properties Investor Presentation Deck slide image

Summit Hotel Properties Investor Presentation Deck

28 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. n 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 HOTEL PROPERTIES
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