DiamondRock Hospitality Company.
DRH.US | Real estate activities with own or leased property
DiamondRock Hospitality Company is a real estate investment trust (REIT) that owns a portfolio of premium hotel properties concentrated in key gateway cities and destination resorts. The company focuses on acquiring, owning, and providing capital to upscale and luxury hotels. DiamondRock's strategy ...Show More
Better Health for All
0
DiamondRock Hospitality Company's core business of owning and operating hotels has no significant positive or negative health impact. During the COVID-19 pandemic, the company demonstrated excellent crisis preparedness and response by assisting public health efforts, working to protect customers and employees of our hotels
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, instituting new safety procedures to reduce risk and protect the safety of guests and team members
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, and suspending operations at hotel restaurants and outlets where demand is insufficient or local prohibitions do not permit social gatherings
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. The company's operations generate positive health externalities through environmental mitigation efforts, including a 5% decrease in energy intensity
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and an 8% decrease in carbon emissions per square foot compared to a 2019 baseline
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, with 9.8% of total energy consumption from renewables
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. As a real estate investment trust focused on lodging, the company's business model does not involve health-related products or services, healthcare workforce development, health equity programs, preventative health measures, health innovation, or the collection of health data.
Fair Money & Economic Opportunity
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No evidence available to assess DiamondRock Hospitality Company on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
50
The company employs 34 full-time employees, all of whom are on secure contracts, indicating 0% of the workforce is on temporary, zero-hour, or gig contracts without benefits
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. Furthermore, 100% of employees participated in an employee satisfaction survey, achieving an 86% overall satisfaction score
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.
Fair Trade & Ethical Sourcing
-30
DiamondRock performs annual audits of vendors.
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Honest & Fair Business
0
DiamondRock Hospitality Company's board of directors demonstrates strong independence, with seven out of eight members (87.5%) classified as independent in 2023.
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The company maintains a comprehensive whistleblower policy, including a confidential, third-party hotline that allows for anonymous reporting and explicitly forbids retaliation against employees, business partners, and shareholders.
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Complaints are investigated by the Audit Committee, Nomination and Governance Committee, or General Counsel.
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For its anti-corruption efforts, all employees are required to annually affirm compliance with the Code of Conduct and Business Ethics, which includes a conflicts of interest policy.
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The company reported no confirmed incidents of corruption for 2023.
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Kind to Animals
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The provided articles do not contain specific, measurable data points or explicit policies related to animal welfare, cruelty-free certifications, animal testing, humane operations, wildlife conservation impact, ethical input substitution, supplier audits for welfare, cage-free sourcing percentages, animal agriculture ethics, or innovation investment in animal-free alternatives. While one article notes that the company's hotel brands offer meat and dairy products
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, there is no information on the sourcing practices or any related animal welfare metrics. General commitments to biodiversity
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or vendor audits for environmental policy
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do not provide the specific, animal-welfare-focused metrics required by the rubric's KPIs for scoring.
No War, No Weapons
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DiamondRock Hospitality Company strives to conduct business consistent with the UN Universal Declaration of Human Rights and the UN Guiding Principles on Business and Human Rights.
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A whistleblower hotline is maintained for reporting grievances, which are evaluated by the Audit Committee, Nomination and Governance Committee, or Corporate General Counsel.
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As a hotel real estate investment trust, the company's core business does not involve arms manufacturing, military contracts, dual-use technology, or related activities, and no evidence of such involvement was found.
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Planet-Friendly Business
-60
DiamondRock Hospitality Company sources 9.8% of its total energy consumption from renewables.
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14% of its eligible portfolio is certified to ENERGY STAR.
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The company's waste diversion rate was 14% in 2023.
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DiamondRock identifies, assesses, and reports on climate change risks and opportunities in alignment with the TCFD framework, and has published a TCFD report.
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38.9% of the company's water withdrawal is sourced from high or extremely high baseline water stress regions.
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Asset valuation shifts due to long-term climate changes are considered.
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Respect for Cultures & Communities
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No evidence available to assess DiamondRock Hospitality Company on Respect for Cultures & Communities.
Safe & Smart Tech
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The company is not aware of any material cybersecurity incidents.
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It provides ongoing cybersecurity and email training for all employees, Board members, and senior executives, and intermittently sends suspicious emails to test compliance and educate employees on prevention of future breaches.
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Confidential data is not permitted to be sent to employees’ personal email accounts.
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, and employees are instructed to refrain from downloading unauthorized software.
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Mandatory dual-factor authentication is set up for computer and Outlook mail access.
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, with passwords required to be at least 14 characters
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and changed every 90 days.
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The company completes necessary security system updates and patches.
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, installing updates monthly or as soon as available, and its IT Department investigates security breaches.
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An annual third-party security test is conducted
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, and periodic assessments of certain applications are performed by a managed services provider.
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Zero Waste & Sustainable Products
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The provided articles do not contain specific quantitative data or details relevant to any of the Key Performance Indicators for Zero Waste & Sustainable Products. While DRH.US has been recognized as a GRESB Listed Hotel Sector Leader from 2020 to 2024
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, this is a general sustainability recognition and does not provide specific metrics on waste diversion, product recyclability, packaging sustainability, or any other detailed waste management practices.