ENVIRONMENTAL IMPACT2019-05-15T14:14:54-05:00

Environmental Impact

As a hotel company, we rely on nature’s resources in our day-to-day operations – from energy to light our lobbies and heat our rooms, to water for our showers, spas, and restaurants. As our business grows, we utilize our platform as leaders in our communities and hosts of millions of guests annually to ensure we are creating a society that we all want to live in. Thus, we believe responsible stewardship of resources through our supply chain is not only essential for the continuing growth of our business, but also imperative for the long-term health, safety, and prosperity of the planet.

SDG PRIORITIES: ENVIRONMENTAL

Efficient Buildings & Operations

Renewable Energy Strategy

REDUCING ENVIRONMENTAL IMPACT

Since we launched EarthView in 2010, we have tracked our energy and water consumption, waste production, and greenhouse gas emissions. This allows us to better manage our impact and identify opportunities to continually improve the impact of our operations – becoming better stewards of the environment.

In 2018, we updated our methodology for reporting our environmental impact to be more closely aligned with emerging global standards via the Greenhouse Gas Protocol. In doing so, we can better align with global efforts toward reducing environmental impact and reporting standardized environmental metrics. To that end, we are proud to announce that Hersha has also committed to developing a science-based target for our carbon emissions within the next year.

LEARN MORE ABOUT SCIENCE-BASED TARGETS >

REDUCING ENVIRONMENTAL IMPACT

Since we launched EarthView in 2010, we have tracked our energy and water consumption, waste production, and greenhouse gas emissions. This allows us to better manage our impact and identify opportunities to continually improve the impact of our operations – becoming better stewards of the environment.

In 2018, we updated our methodology for reporting our environmental impact to be more closely aligned with emerging global standards via the Greenhouse Gas Protocol. In doing so, we can better align with global efforts toward reducing environmental impact and reporting standardized environmental metrics. To that end, we are proud to announce that Hersha has also committed to developing a science-based target for our carbon emissions within the next year.

LEARN MORE ABOUT SCIENCE-BASED TARGETS >

2018 Results:

Energy Reduction

15%

per square foot vs 2010

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GHG Reduction

41%

per square foot vs 2010

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Water Reduction

3%

per square foot vs 2010

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Waste Diversion

25%

in 2018

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Our numbers are reported consistent with the Greenhouse Gas Protocol methodology.

EFFICIENT BUILDINGS & OPERATIONS

According to the UN Global Alliance for Buildings and Construction, buildings in the US account for 39% of energy-related CO2 emissions. We strive to make our buildings and operations run as effectively as possible by implementing initiatives and programs that make our hotels more efficient and sustainable.

We also establish local partnerships with non-profits, local governments, and other businesses to help support environmental efforts within our local communities. For instance, we are also an active member of NAREIT’s Sustainability Committee, Philadelphia 2030 District, GRESB, Green Building United, and other peer groups.

Projects:

LED
Lighting

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Guestroom EMS

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Laundry Water-Reuse System

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Non-Plastic Straws and Stirrers

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We remain committed to ensuring our buildings operate efficiently, and will strive for green building certification as the opportunity arises, such as LEED or EnergyStar.

RENEWABLE ENERGY STRATEGY

Environmental-Residence-Inn-Coconut-Grove-Solar

We believe renewable energy is the way of the future. With the challenging impact of greenhouse gases and climate change increasing, it is imperative for us to transition to an economy run on clean energy. For Hersha, this means sourcing clean, renewable energy to power and light our hotels.

Currently, we have on-site solar installed at our Residence Inn Coconut Grove. This solar array generates 150 MW of electricity per year. In the coming years, we plan to increase our portfolio’s mix of renewable energy by exploring additional on-site installations and off-site options.