Service Properties Trust
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:1,545,983 GJ (Hotels); 7,119 GJ (Net Lease)
Water Consumption:4,030.71 km3 (Hotels); 0.35 km3 (Net Lease)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Risk Mitigation
- Energy Benchmarking
- Water Management
- Protect Biodiversity
- Health and Safety
- Diversity and Inclusion
Environmental Achievements
- Increased visibility into operational performance for over 20 million square feet of hotel and net lease properties through data capture.
- Implementation of energy management best practices by Sonesta, including LED lighting upgrades and energy performance reviews.
- Implementation of water management practices by Sonesta, including upgrades for indoor plumbing fixtures and water-efficient landscaping.
Social Achievements
- Sonesta formalized its global Health and Safety Policy.
- Sonesta's CEO joined AHLA’s No Room For Trafficking (NRFT) Advisory Council.
- Sonesta is a partner of Protect All Children From Trafficking (PACT).
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Water restrictions and costs impacting hotel amenities.
- Climate-related stressors affecting business volume (bridges, roadways).
- Increased HVAC capital expenses due to extreme temperatures.
- Properties susceptible to inundation from flood waters.
Mitigation Strategies
- Energy and water management programs.
- Strategic capital investments (physical protection elements).
- Routine evaluation of properties impacted by climate hazards.
- Coordination with tenants and local authorities.
- Property incident response plans and insurance assessments.
- Benchmarking and BEPS compliance.
- Implementation of tenant and local agency coordination protocols, property incident response plan reviews, insurance provider assessments and the implementation of physical protection elements, such as flood protection barriers.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sustainable Sourcing (prioritizing locally-sourced products)
Climate-Related Risks & Opportunities
Physical Risks
- Water restrictions
- Climate-related stressors on infrastructure
- Extreme temperatures impacting HVAC
- Flooding
Transition Risks
- Changes in policy and market expectations
Opportunities
- Landscaping for cooling
- HVAC upgrades for energy efficiency
- Alternative fueling and EV charging stations
Reporting Standards
Frameworks Used: SASB
Certifications: ENERGY STAR
Third-party Assurance: Deloitte & Touche LLP (limited assurance for Water Intensity Metric)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed