Sustainability Report – Starwood Hotels and Resorts Worldwide (2013)
RESOLVED: Shareholders request that the Board of Directors begin issuing an annual sustainability report (at reasonable cost and omitting proprietary information) by October 2013. SUPPORTING STATEMENT Investors increasingly seek disclosure of companies’ social, environmental and governance (ESG) practices in the belief that they impact shareholder value. Many investors have concluded that companies which are good employers, environmental stewards, and corporate citizens, are more likely to generate stronger financial returns, better respond to emerging issues, and enjoy long-term business success. The United Nations’ Principles for Responsible Investment is an initiative whose members seek the integration of ESG factors into investment decision …
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