Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Playa Green program establishes sustainability management processes to monitor legal compliance, evaluate risks, inform strategy, and facilitate continual improvement in environmental performance.

Social Achievements

• Playa Management Journey: program to identify, hire and train talented graduates.
• Youth Career Initiative: educational program to help local youth develop life and work skills.
• Sponsorship of a local school in Jamaica providing necessities, school supplies, computers, facility improvements, and promoting self-sustainability.
• Contributions to local wetlands restoration, construction of homes for employees, local food banks, and support for children in group homes and people with disabilities.

Governance Achievements

• Established a Code of Business Conduct and Ethics including sections on honest and ethical conduct, compliance with laws, conflicts of interest, and reporting violations.
• Implemented an Ethics Hotline for anonymous reporting of violations or concerns.

Climate Goals & Targets

Environmental Challenges

• Adverse impacts from climate change, such as increased frequency and severity of extreme weather events, resulting in physical damage or decreased demand for properties.
• Increased Sargassum seaweed impacting beaches and requiring additional operating expenses for removal.

Mitigation Strategies

• Setting specific goals and targets related to climate risks, including energy, water, and greenhouse gas intensity (future plans).

Supply Chain Management

Responsible Procurement

• Corporate level purchasing focuses on maintaining brand standards by sourcing through affiliated partners' vendors.
• Hotel level procurement adheres to company quality and standards.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Sargassum seaweed

Transition Risks

• Changes in legislation and regulation on climate change

Reporting Standards

Frameworks Used: GRI

Awards & Recognition

• Great Place to Work™ certified company

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Social Responsibility
• Governance

Environmental Achievements

• Launched Playa Green program in 2018, focusing on reducing water and energy consumption and waste.
• Initiated Playa’s first tri-generation project to reduce electrical energy consumption through heat recovery.
• Pursuing clean energy projects at properties.
• 14 Green Globe certified properties, 5 at Gold Level.

Social Achievements

• Launched Playa Cares™ sustainable management system in May 2023.
• Donated clothing, toiletries, and necessities to communities in Florida, Mexico, Jamaica, and the Dominican Republic.
• Partnered with community organizations for cleanup efforts.
• Established the Ernesto Oliver Lopez Memorial Fund to aid employees in need.
• Conducted cultural diversity workshops at Hyatt Ziva Cancun and Wyndham Alltra Playa del Carmen.

Governance Achievements

• Established ESG Committee in 2020 to oversee sustainability efforts.
• Created a shadow board comprised of associates to share ideas and feedback.
• Adopted a Code of Business Conduct and Ethics and an Anti-Bribery and Anti-Corruption Policy.

Climate Goals & Targets

Environmental Challenges

• Ongoing effects of the COVID-19 pandemic.
• Disruption related to Hurricane Fiona in the Dominican Republic.
• Increased sargassum seaweed impacting shorelines.
• Climate change impacts such as sea level rise, coastal erosion, and extreme weather events.

Mitigation Strategies

• Playa team showed perseverance in handling adverse impacts of events.
• Incorporating capital expenditure projects to improve climate resiliency of properties.
• Promptly cleaning sargassum in alignment with local authorities.
• Investing in property and business interruption insurance policies.
• Implementing water conservation measures during construction and renovation projects.
• Establishing water metering at main water consumption areas.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Increased frequency and severity of extreme weather events (hurricanes, floods)
• Wildfires
• Variability in weather patterns
• Ecosystem degradation
• Rising mean temperatures
• Rising sea levels
• Changes in precipitation patterns

Transition Risks

• Changing customer behavior
• Increased stakeholder concern
• Raw material cost increases
• Increased insurance costs
• Increased pricing of GHG emissions
• Costs to transition to lower emissions technology
• Mandates on and regulation of existing products and services
• Enhanced emissions-reporting obligations
• Customer preferences for decarbonized travel

Opportunities

• Building resilience investment measures
• Use of more efficient modes of transport
• More efficient buildings
• Use of recycling
• Reduced water consumption
• Use of lower-emission sources of energy
• Participation in renewable energy programs
• Sustainability practices and certifications
• Contingency plans for extreme weather events
• Early warning detection systems
• Low emission goods and services
• Use of supportive policy incentives
• Enhanced long-term asset value
• Avoiding future costs through early action
• Increase market share

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: Green Globe

UN Sustainable Development Goals

• SDG 4
• SDG 6
• SDG 8
• SDG 10
• SDG 13
• SDG 14
• SDG 15