Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• UN Sustainable Development Goals

Environmental Achievements

• 4,383 pounds of waste diverted from landfills
• 9,707 bars of soap distributed
• 2,563 pounds of plastic recycled
• More than 150,000 samples of reef-safe sunscreen distributed since 2017
• Marriott Vacation Club brand committed to enrolling all its properties in Audubon International’s Green Lodging Program

Social Achievements

• Over $400,000 raised for Children’s Miracle Network Hospitals
• More than 435,000 pounds of food donated since 2015
• 95% of corporate associates indicated their managers had been either supportive or very supportive during the pandemic
• 95% of associates indicated they were highly satisfied or somewhat satisfied while working from home
• 85% of guests said cleaning and safety standards were better than in pre-pandemic times

Governance Achievements

• Executive Committee participated in an Inclusion and Diversity executive leadership course
• Committed to launching an Executive Inclusion Council
• Company-wide Sustainability Risk Assessment to better understand exposure to climate, water, biodiversity, and socioeconomic risk

Climate Goals & Targets

Environmental Challenges

• Global pandemic significantly impacted normal service and fundraising activities
• Travel restrictions and health concerns constrained operations

Mitigation Strategies

• Associates adapted with determination and agility
• Implemented enhanced cleaning and safety standards (“Next Level of Clean”),
• Developed virtual learning environment for leadership development program
• Used digital menus via QR codes to reduce physical contact

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: Audubon International’s Green Lodging Program

Awards & Recognition

• Charles Andrews Memorial Hospitality Award for Community Leadership (CEO)
• ARDA Awards for Interval International and VRI Americas
• Travelers’ Choice Best of the Best award (Marriott’s Mai Khao Beach – Phuket)

Environmental Metrics

ESG Focus Areas

• People
• Places
• Planet
• Practices

Environmental Achievements

• Total energy use decreased by 2% from 2022 to 2023, and energy intensity decreased by 2%
• Scope 1 and 2 GHG emissions also decreased by 1% and 2%, respectively, from 2022 to 2023, and overall GHG emissions intensity decreased by 2%
• Water consumption at our vacation ownership properties decreased by 6% from 2022 to 2023. Year over year, water intensity per occupied key decreased by 3%
• New corporate headquarters received LEED Gold certification, achieving a 71% landfill diversion rate for construction debris

Social Achievements

• Launched a refreshed talent brand, "For a Life Fulfilled", resulting in increased applicant flow
• Expanded volunteering programs
• Provided significant financial and other support to Maui associates impacted by wildfires, including approximately $4 million in disaster pay and over $1.2 million in grants from the Company Relief Fund
• Improved average annual U.S. percent staffed metric from 92% in 2022 to 94% in 2023

Governance Achievements

• Established baselines for key environmental topics and expanded data collection efforts, particularly regarding greenhouse gas emissions
• Continued to align with TCFD recommendations in reporting climate-related risks and opportunities
• Implemented a new leadership role in the Corporate Responsibility Task Force

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Staffing challenges
• Devastating wildfires in West Maui, Hawai'i impacting associates
• Inability to communicate with resort leadership, Owners, guests, and associates at the onset of the wildfires due to infrastructure impairment

Mitigation Strategies

• Improved recruitment model resulting in a 13% increase in candidate flow in 2023 compared to 2022
• Provided temporary housing, food, supplies, on-site counseling, and fiscal benefits to Maui associates
• Enacted disaster response protocols to reinstate power, internet, and cell communication
• Established MVW’s Company Relief Fund, which granted approximately $640,000 in emergency hardship assistance to Company associates in 2023 and over $560,000 through July 2024

Supply Chain Management

Supplier Audits: 156 suppliers (over 50% of total supplier spend) acknowledged the Supplier Code of Conduct

Responsible Procurement

• Supplier Code of Conduct
• Sustainable sourcing criteria for some food-related expenditures (e.g., Safai Coffee)

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events
• Wildfires
• Flooding
• Erosion

Transition Risks

• Increased insurance costs
• Decreased demand due to increased travel costs
• Evolving stakeholder expectations regarding corporate responsibility

Opportunities

• Developing more sustainable products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: LEED Gold

UN Sustainable Development Goals

• SDG 3
• SDG 5
• SDG 8
• SDG 12
• SDG 13
• SDG 17

Details on page 78-79

Sustainable Products & Innovation

• Safai Coffee
• Soapbox toiletries

Awards & Recognition

• Newsweek’s List of the 100 Most Loved Workplaces in America®
• Kincentric Best Employer
• Most Loved Workplace®
• U.S. News & World Report’s 200 Best Companies to Work For
• HRO Association Awards: Recruitment Team of the Year
• Orlando Business Journal’s Diversity in Business Award