Submitted by: Wyndham Worldwide Corporation
Posted: Nov 27, 2012 – 01:08 PM EST
PARSIPPANY, NJ, Nov. 27 /CSRwire/ - (Marketwire) - For the second consecutive year, Wyndham Worldwide (NYSE: WYN), one of the world's largest hospitality companies, is ranked number one among hotels and restaurants by Newsweek magazine in their annual Greenest Companies survey. The rankings evaluate the environmental performance of the largest publicly traded companies in the U.S. and around the world.
Ranked among the top 100 greenest companies in the U.S., Wyndham Worldwide was evaluated on a number of criteria including its environmental footprint and management, environmental policies, programs and initiatives. The survey also considered the Company's reporting and disclosure practices, including the Carbon Disclosure Project and its 2011 Sustainability Report, which align with the Global Reporting Initiative.
"We are proud to be recognized once again for our work in sustainability, which is the result of tremendous collaboration and innovation by our associates, franchisees, suppliers, business and community partners," says Stephen P. Holmes, chairman and chief executive officer, Wyndham Worldwide. "As one of the world's largest hospitality companies, with over 100,000 locations in nearly 100 countries, these collaborative efforts work to leverage the versatility of our unique hospitality portfolio of hotels, vacation exchange network, vacation rentals, and vacation ownership club resorts to drive sustainable, profitable growth."
One of the initiatives credited in the Company's ranking is its Wyndham Green Toolbox, a proprietary designed, state-of-the-art eco-software program that allows both owned and managed properties, as well as independently owned and franchised properties within the Wyndham Worldwide portfolio, to track and measure their environmental footprint. The Toolbox provides users with resources and tools to reduce energy use, and advance the Company's global sustainability efforts. Earlier this year, the Company reported a five percent reduction in its carbon footprint of its owned, managed and leased properties over 2010 based on energy per square foot measured by the custom Toolbox.
Wyndham Worldwide sustainable practices are created and driven by the Company's Wyndham Green program, which is in its sixth year, remains one of the top five strategic priorities at Wyndham Worldwide. The program, which is focused on education and innovation, is a way of living and working based on the Company's vision and core values, enhancing customers' lives by improving the environment, supporting global and local communities, and developing sustainable programs that deliver economic benefits.
"With a sustainability focus to deliver 'triple bottom line' results for our people, planet and profits, Wyndham Green works to drive leadership in the industry, encourage engagement among all our key stakeholders and provide the mechanism to turn innovative ideas into achievable results," said Faith Taylor, senior vice president sustainability and innovation, Wyndham Worldwide. "Wyndham Green continues to be the successful program that it is because of our innovative associates who have helped create, grow and support our vision. We are incredibly proud of all of our sustainability efforts at Wyndham Worldwide."
For more information on sustainability programs at Wyndham Worldwide, please visit www.WyndhamGreen.com
About Wyndham Worldwide
One of the world's largest hospitality companies, Wyndham Worldwide (NYSE: WYN) provides a wide range of hospitality products and services 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 7,260 franchised hotels and 618,100 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 approximately 100,000 vacation properties in 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 180 vacation ownership resorts serving more than 915,000 owners throughout the United States, Canada, Mexico, the Caribbean, and the South Pacific. Based in Parsippany, NJ, Wyndham Worldwide employs approximately 27,800 associates globally.
For more information, please visit www.wyndhamworldwide.com.