Company Recognized by U.S. Department of Energy for Innovative Sustainability Best Practices
Submitted by Wyndham Worldwide Corporation
(Marketwired) - Wyndham Worldwide (NYSE: WYN), one of the world's largest hospitality companies, again demonstrated its ongoing leadership in global sustainability best practices, achieving an 8 percent reduction in energy use in the first full year of the U.S. Department of Energy's (DOE) Better Buildings Challenge.
The government program, launched in 2011 by President Obama, calls on commercial businesses and industrial facilities to reduce their energy intensity by 20 percent by 2020. This program aligns with the Company's goals to reduce carbon emissions by 16 percent by 2017 and by 20 percent by 2020. Additionally as of 2012, Wyndham Worldwide has reduced its global footprint in over 40 countries of its owned, managed and leased assets by 11.7 percent based on carbon per square footage.
"We are continuously developing eco-friendly efforts across our hospitality portfolio, and this latest achievement of meaningfully reducing our energy use further demonstrates our commitment to advancing environmental sustainability best practices, which is a pillar of our strategic priorities," said Stephen P. Holmes, chairman and CEO of Wyndham Worldwide. "Through our Wyndham Green program, we are committed to exploring and adopting innovative environmental practices, as it reduces costs, fosters the efficient use of resources, and ultimately supports both near- and long-term profitability."
Wyndham Worldwide reduced its energy through:
"Our work in sustainability is a tremendous collaboration across all key stakeholders – shareholders, employees, customers, franchisees, suppliers and community partners – who not only develop ideas with incredible potential, but also transform them into tangible results and drive leadership in the industry," said Faith Taylor, senior vice president sustainability and innovation, Wyndham Worldwide.
Following are highlights of the Company's featured projects in the Better Buildings Challenge:
Wyndham Vacation Ownership: One of the industry's first certification programs
To improve energy efficiency and implement sustainable practices, Wyndham Vacation Ownership (WVO), the Company's timeshare business unit, created the WVO Green Certification Program, one of the first for the industry. The certification tracks 27 requirements in categories such as energy use, water use, waste reduction, indoor air quality, and education.
Adopted company-wide, the program requires a minimum basic certification for all Wyndham timeshare properties. Mandatory requirements are low or no-cost operational measures, or measures which have a payback of less than two years. Many of the "advanced" certification items are more capital intensive, and can be earned at the Silver, Gold and Crystal levels. In 2012, 63 percent of WVO resorts (133 properties) earned the prestigious "Basic," "Silver," "Gold" or "Crystal" achievement levels. In 2013, WVO anticipates 160 properties will be certified.
Wyndham Hotel Group: A Green Franchisee Advisory Board member leading the charge in Ukiah, California
Wyndham Hotel Group, the world's largest hotel company, continues to demonstrate a lasting commitment to sustainability through the Wyndham Hotel Group Green Council, which is led by Wyndham Green. The group establishes meaningful guidelines for franchisees, across all of its brands, to reference as they implement green practices.
Guided by those core measures, the Super 8® Ukiah, a proven leader among its peers, demonstrates excellence in the adoption of sustainable systems by:
As a result of the energy efficiency measures implemented, the ENERGY STAR score for the property was raised from a 56 in 2006 to an 85 in 2011, and the property received the ENERGY STAR Label in 2012. The esteemed ranking is awarded to buildings that score 75 or above, indicating they are in the top 25 percent of buildings across the nation. In addition, the property is pursuing both LEED® Certification and Green Key Certification, prominent rating systems that recognize green buildings.
Additionally, the Super 8 Ukiah is a member of the Green Franchisee Advisory Board, which is comprised of Wyndham Hotel Group hotel owners who share best practices, industry innovations, and provide counsel to their peers on the implementation and execution of green initiatives.
For more information on Wyndham Worldwide's showcase initiatives, please visit the U.S. Department of Energy's Better Buildings Challenge website.
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 7,380 franchised hotels and over 631,800 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 106,000 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 190 vacation ownership resorts serving approximately 915,000 owners throughout the United States, Canada, Mexico, the Caribbean, and the South Pacific. Based in Parsippany, NJ, Wyndham Worldwide employs approximately 32,500 associates globally.
For more information, please visit www.wyndhamworldwide.com.
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.
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