Climate Change Data

Travel + Leisure Co. (formerly Wyndham Destinations, Inc.)

Climate Impact & Sustainability Data (2018, 2020)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:215,000 metric tons of carbon offset (through coffee and tree planting)
Scope 1 Emissions:50,564 tCO2e/year
Scope 2 Emissions:148,385 tCO2e/year
Scope 3 Emissions:7,080 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:603,113 MWh/year
Water Consumption:1,606,982 kGals/year
Waste Generated:Not disclosed
Carbon Intensity:0.00557273 tCO2e per square foot in 2018

ESG Focus Areas

  • Inclusion and Diversity
  • Environmental Sustainability
  • Philanthropy
  • Ethics and Human Rights

Environmental Achievements

  • Reduced scope 1 and scope 2 carbon emissions intensity by 24%, while increasing overall portfolio square footage by 15%
  • Reduced water usage intensity by 23%, while increasing overall portfolio square footage by 15%
  • Planted over 1.5 million trees and purchased more than 2 million pounds of shade-grown coffee since 2008
  • Removed disposable plastic straws from managed resorts and hotels in Asia Pacific, eliminating nearly 400,000 plastic straws per year

Social Achievements

  • Launched “Inclusion by Wyndham” initiative to recognize individual uniqueness and foster a sense of belonging
  • 12% of corporate dollars spent supported diverse suppliers in 2018
  • More than 6,400 associates used their Wish Day, generating more than 42,200 hours of volunteer time
  • Vacation clubs resorts collected nearly 100,000 pounds of food donations

Governance Achievements

  • Launched enhanced training for associates focused on the Code of Conduct, Anti-Corruption, and Information and Privacy Management
  • Implemented processes to alert if there is a potential concern regarding bribery and corruption
  • Established Wyntegrity hotline for anonymous reporting of ethical concerns

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 40% reduction in greenhouse gas emissions and 25% reduction in water consumption per square foot by 2025 (from 2010 baseline)
  • Plant 2 million trees through our partnership with the Arbor Day Foundation by 2025
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Waste is a complex, global challenge for the travel and tourism industry
  • Increase in natural disasters leaves businesses more susceptible to existing and emerging impacts
Mitigation Strategies
  • Launching a program to reduce, donate, and recycle waste
  • Developing business continuity strategies across the organization to provide safety to owners and guests

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct requiring compliance with all federal, state, and local environmental laws; preference for suppliers with sustainable practices

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Global Reporting Initiative (GRI) Standards

Certifications: LEED, ENERGY STAR

Third-party Assurance: Deloitte & Touche LLP (limited assurance on specified indicators)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Perfect score on Human Rights Campaign’s Corporate Equality Index
  • Named one of the Best Places to Work for LGBTQ Equality
  • Named Best-of-the-Best Corporations for Inclusion by the National Business Inclusion Consortium (NBIC)
  • Forbes recognitions: Best Employers for new Graduates, Best Employers for Diversity, and Best Employers in Canada
  • Diversity Inc. recognitions: Noteworthy Company and Top Companies for LGBT Employees

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:158222 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:37174 tCO2e/year
Scope 2 Emissions:110932 tCO2e/year
Scope 3 Emissions:498 tCO2e/year
Renewable Energy Share:1.6%
Total Energy Consumption:1724735 GJ/year
Water Consumption:5236.32 megaliters/year
Waste Generated:Not disclosed
Carbon Intensity:0.0041003 tCO2e/sqft (Scope 1 & 2)

ESG Focus Areas

  • Inclusion and Diversity
  • Environmental Sustainability
  • Philanthropy
  • Ethics and Human Rights

Environmental Achievements

  • Reached previous water withdrawal goal six years ahead of projection; reset new goal to reduce water withdrawal by 35% by 2025.
  • Reduced Scope 1 and Scope 2 carbon emissions intensity by 46.9% since 2010.
  • 17 on-site solar projects resulting in 8,822 MWh in alternative energy (approximately 2% of total energy consumed).

Social Achievements

  • Launched the Travel + Leisure Eatonville Scholarship Program.
  • Increased diverse representation at the Director-and-above level.
  • Re-ignited Global Inclusion & Diversity Council and expanded associate-centric Diversity Resource Groups.

Governance Achievements

  • Received a perfect score on the Human Rights Campaign’s Corporate Equality Index and named one of the Best Places to Work for LGBTQ Equality.

Climate Goals & Targets

Long-term Goals:
  • Reduce carbon emissions by 40% by 2025 (from 2010 baseline).
Medium-term Goals:
  • Achieve 20% renewable energy consumption by 2030.
  • Plant 2 million trees by 2025.
Short-term Goals:
  • Reduce water withdrawal by 35% by 2025.
  • Establish a waste diversion goal by 2022.

Environmental Challenges

  • Global COVID-19 pandemic impacting operations and stakeholder engagement.
  • Heightened global awareness of systemic racism and racial inequities.
  • Increasing scrutiny related to environmental, social, and governance activities.
Mitigation Strategies
  • Created a COVID-19-specific plan prioritizing safety and wellbeing of stakeholders.
  • Implemented a "Listen, Learn, and Act" commitment to address racial inequities.
  • Strengthened stakeholder engagement, focusing on diverse voices and increased transparency.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct requiring compliance with all applicable environmental laws and regulations; prohibition of child labor; transparency into business operations; actions to tackle modern slavery.

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather events impacting operations and assets.
Transition Risks
  • Regulatory changes and market shifts related to climate change.
Opportunities
  • Development of energy-efficient products and services; renewable energy investments.

Reporting Standards

Frameworks Used: GRI Standards Core option, SASB Hotels & Lodging Sustainability Accounting Standard

Certifications: LEED, ENERGY STAR

Third-party Assurance: Deloitte & Touche LLP (limited assurance on specified indicators)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)
  • Goal 17 (Partnerships for the Goals)

Initiatives aligned with SDGs through materiality assessment; focus on sustainable tourism, inclusive growth, climate change mitigation, water stewardship, biodiversity conservation, and community engagement.

Sustainable Products & Innovation

  • EcoLab cleaning chemicals; EcoLogo certified soaps and detergents; FSC, EcoLogo, and EPA-compliant paper products.

Awards & Recognition

  • Forbes Magazine Best Employers for Diversity (2020)
  • Best Places to Work for LGBTQ Equality (2020, 2021)
  • NBIC Best of the Best Corporation for Inclusion (2020)
  • Forbes Magazine World’s Best Employers (2020)
  • NaVOBA Best Corporation for Veteran’s Business Enterprises (2020)
  • Forbes Magazine America’s Best Large Employers (2021)