Investor Insights: Q1 MCR Corp slide image

Investor Insights: Q1 MCR Corp

MCR CORPORATE RESPONSIBILTY MCR creates value through responsible investing. MCR believes in the alignment of business practices with the principles of sustainability and corporate responsibility. MCR is cognizant of its environmental footprint and committed to reducing its impact. ENVIRONMENTAL IMPACT MCR is committed to working with key stakeholders - from employees to vendors - to implement policies to reduce the impact of its environmental footprint. MCR reports property-level consumption data to Marriott, Hilton, etc. brand partners to identify and support programs aimed at reducing energy and water usage, carbon emissions and waste. MCR internally tracks water and energy consumption and contracts with a third-party to consolidate / track waste removal and recycling programs. Acquisition due diligence includes a review of ESG factors to identify environmental risks, as well as opportunities to improve energy efficiency and water conservation. ESG Highlights SOCIAL IMPACT MCR is committed to diversity, equity and inclusion, with a workforce that is 63% female and 71% minorities. MCR supports and adheres to social responsibility guidelines and initiatives established by Marriott / Hilton brand partners. Acquisition due diligence includes a review of compliance with local codes and regulations, as well as labor practices. MCR strives to make a positive impact through various community organizations, education partners, and industry groups, including the Partnership for New York City and the American Hotel & Lodging Association (AH&LA). MCR GOVERNANCE MCR became a Registered Investment Advisor with the SEC (effective as of February 2, 2023). Now regulated under the Investment Advisor Act of 1940, MCR is subject to additional governance and oversight requirements, providing increased communication and transparency to investors. MCR maintains policies for Health and Wellness, Human Rights, Anti-Discrimination, and Anti-Harassment, as well as a Code of Business Conduct and Ethics. Affirmation of MCR's policies, including its Standard of Conduct and Ethical Conduct policies, is required as part of employee onboarding. 17
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