Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Energy Efficiency

Environmental Achievements

• Installed a salt chlorinator in the pool at The Ocean Club, saving about $3,000 in chlorine expenses in 2013.
• Installed an energy-efficiency system at The Ocean Club, reducing annual electricity costs by 20 percent.

Social Achievements

• Renovated all units at The Ocean Club in 2011, improving guest experience.
• Improved unit flexibility at Hollywood Beach Tower, giving owners more usage options.
• Communicated extensively with La Costa Beach Club owners regarding a special assessment for major property improvements.

Governance Achievements

• La Costa Beach Club board of directors provided detailed explanation of needed improvements and owner benefits, including a 52-page report.

Climate Goals & Targets

Environmental Challenges

• Deferred usage of owners' timeshare weeks during renovations at The Ocean Club.
• Securing funding for major renovations at La Costa Beach Club.

Mitigation Strategies

• Vacation rental program at The Ocean Club generated income during renovations.
• La Costa Beach Club board secured outside financing for two-thirds of the project cost and a repayment plan over three years.

Supply Chain Management

Responsible Procurement

• Using commercial-grade furniture for longevity.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• LED lights
• Energy-efficient systems
• Salt chlorinator