PARSIPPANY, N.J., Feb. 11, 2016 /PRNewswire/ -- Wyndham Worldwide's (NYSE: WYN) sustainably accomplishments and performance results have resulted in another achievement. RobecoSAM, the world's leading investment asset management firm focused exclusively on Sustainability Investing, has recognized the Company as an industry leader, earning it the Gold Class Distinction, and is included in the Sustainability Yearbook for the third time in as many years.
The Sustainability Yearbook is the world's most comprehensive publication on corporate sustainability and lists the world's most sustainable companies in each industry based on their score in RobecoSAM's annual Corporate Sustainability Assessment (CSA). They evaluate a company's economic, environmental and social factors ranging from supply chain management to labor and human rights practices as well as environmental management.
"With hotels, vacation rentals, timeshare resorts, and corporate offices across over 100 countries, we have the widest range of operations in the hospitality industry, and we are mindful of our footprint and the impact we have on communities," said Stephen P. Holmes, chairman and chief executive officer, Wyndham Worldwide. "Our teams work every day to maximize our social benefits and minimize the environmental impact of doing business. Through innovation and the focus on achieving meaningful change, we continue to set higher expectations for ourselves in delivering great experiences for our customers and strong results for our shareholders, in ways that are responsible to the communities and world around us."
The Company recently announced it achieved its carbon goal of reducing carbon emissions by 20% by 2020, six years ahead of schedule, and immediately set another goal to reduce carbon and water usage by 25% by 2025. Last year, Wyndham Worldwide was also once again named to the Dow Jones North America and World Sustainability Indices for the third consecutive year and the Index Leader for the hospitality sector for both the North American and World indices.
Since it started in 2004, the Sustainability Yearbook has provided thought-provoking snapshots of the main trends, challenges and opportunities that bridge the gap between corporate social responsibility and sustainability investing. Together with S&P Dow Jones Indices, RobecoSAM publishes the globally recognized Dow Jones Sustainability Indices (DJSI), which have become a global corporate social responsibility benchmark and the key reference point in responsible investments.
"The RobecoSAM Corporate Sustainability Assessment survey is a key tool for identifying companies that are equipped to identify and respond to emerging opportunities and risks resulting from global environmental and social trends, and is the backbone of the Dow Jones Sustainability Index. This elite distinction is a great achievement," said Faith Taylor, senior vice president, corporate social responsibility, Wyndham Worldwide. "Our success is a reflection of our focus on implementing corporate responsibility initiatives so that we can make a meaningful difference. We are committed to reducing our environmental footprint, improving the lives of people we touch and developing innovative solutions to achieve – and exceed – our goals."
About Wyndham Worldwide
One of the world's largest hospitality companies, Wyndham Worldwide (NYSE: WYN) provides a wide range of hospitality services and products through its global portfolio of world-renowned brands. The world's largest hotel company based on the number of properties, Wyndham Hotel Group is home to many of the world's best-known hotel brands, with approximately 7,760 franchised hotels and approximately 672,000 hotel rooms worldwide. Wyndham Exchange & Rentals is the worldwide leader in vacation exchange and the world's largest professional manager of vacation rentals, providing more than 5 million leisure-bound families annually with access to over 110,000 vacation properties in over 100 countries through its prominent exchange and vacation rental brands. The industry and timeshare ownership market leader, Wyndham Vacation Ownership develops, markets, and sells vacation ownership interests and provides consumer financing to owners through its network of over 210 vacation ownership resorts serving approximately 900,000 owners throughout the United States, Canada, Mexico, the Caribbean, and the South Pacific. Based in Parsippany, NJ, Wyndham Worldwide employs over 34,000 associates globally.
For more information, please visit www.wyndhamworldwide.com.
SOURCE Wyndham Worldwide