SOURCE: Wyndham Worldwide

Wyndham Worldwide

September 11, 2014 09:00 ET

Wyndham Worldwide Achieves Substantial Reduction in Water and Carbon Footprint in 2013

Global Hospitality Company Releases Annual Sustainability Report, Showcasing Continued Best Practices

PARSIPPANY, NJ--(Marketwired - Sep 11, 2014) - Wyndham Worldwide (NYSE: WYN), one of the world's largest hospitality companies, continued to demonstrate its leadership in sustainability best practices in 2013, reducing its operationally controlled asset water usage globally by 16 percent per square foot and its carbon emissions by 13 percent per square foot from the 2010 baseline.

In the Company's fourth year of formal sustainability reporting, its 2013 Sustainability Responsibility Report details its strong, industry-leading commitment to socially and environmentally responsible business practices. Wyndham Worldwide is one of the first hospitality companies to use the progressive G4 Sustainability Reporting Structure to report its economic, environmental and social performance.

"Our progress has earned us industry distinctions that recognize the value we aim to create for our shareholders, our partners and the environment," said Stephen P. Holmes, chairman and chief executive officer, Wyndham Worldwide. "Recognizing the emerging global challenges, our sustainability focus remains on reducing our carbon footprint and water usage as well as supporting innovation and collaboration among our associates and stakeholders to drive change in the communities where we operate, and throughout the travel and tourism industry."

In addition to reducing its carbon footprint and water usage, and as part of its strategic initiatives, Wyndham Worldwide partners with the Arbor Day Foundation, a 501(c)3 conservation and education organization that is the largest nonprofit membership organization dedicated to planting trees. Wyndham Vacation Ownership, the vacation timeshare division of Wyndham Worldwide, participates with the Foundation as part of the Rain Forest Rescue® Project, which supports shade-grown coffee served in Wyndham Vacation Ownership resort units and at the Company's corporate offices. The project, which is highlighted on page 49 of the report, preserves 26 million square feet of rainforest each year and helps to provide coffee growers with access to fair wages, health care and better housing and schooling for their children. In 2013, approximately 287,000lbs of Arbor Day Coffee was purchased, saving more than 700 acres of the Amazon Rainforest.

"Wyndham Worldwide is committed to the Arbor Day's Foundation Rain Rescue Program. Our owners and guests appreciate the taste of the coffee, its environmental preservation and protection, and the human compassion," said Gary Hyde, senior vice president, resort operations, Wyndham Vacation Ownership.

Additionally, Wyndham Vacation Ownership has launched the Wyndham® Million Trees Project, an initiative to raise $1 million to help plant one million trees in U.S. national forests. As of today, more than 450,000 trees have been planted in forest lands lost to fires, rehabilitating ecosystems rich with wildlife.

The report, which provides an overview of the Company's sustainability initiatives as well as its corporate social responsibility programs, is accessible on the Company's website and aligns with the Global Reporting Initiative, a comprehensive sustainability reporting framework that is widely used around the world. Additionally, the report's Statement of Greenhouse Gas Emissions has been reviewed by Deloitte & Touche LLP. This Statement was prepared in conformance with the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard published by the World Business council for Sustainable Development and the World Resources Institute.

"Our 2013 report demonstrates our passion to perform with purpose," said Faith Taylor, senior vice president, sustainability and innovation, Wyndham Worldwide. "We are extremely proud to showcase our accomplishments and collaborative efforts that have enabled us to adapt to the changing demands across the world."

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 7,500 franchised hotels and 650,200 hotel rooms worldwide. Wyndham Exchange & Rentals is the worldwide leader in vacation exchange and the world's largest professionally managed vacation rentals business, providing more than 5 million leisure-bound families annually with access to over 107,000 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 200 vacation ownership resorts serving approximately 907,000 owners throughout the United States, Canada, Mexico, the Caribbean, and the South Pacific. Based in Parsippany, NJ, Wyndham Worldwide employs approximately 32,800 associates globally.

For more information, please visit www.wyndhamworldwide.com.

Contact Information

  • Contact:
    Stacy Dixson
    Manager, Public Relations
    Wyndham Worldwide
    973-753-7424
    stacy.dixson@wyn.com