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Marriott International 2011-2012 Sustainability Report Highlights Youth Employment Initiatives and Preserving the Environment
Marriott International, Inc. (NYSE:MAR) recently released its second full comprehensive Sustainability Report, using guidelines set forth by the Global Reporting Initiative (GRI). In it, Marriott announced $2.5 million invested in its environmental portfolio over the past three years, and significant contributions to workforce development for disadvantaged youth around the world to help them gain skills and jobs.
Through a global portfolio of partnerships called “World of Opportunity,” Marriott has been a catalyst for addressing rising youth unemployment with programs such as the Youth Career Initiative (YCI) in nine countries, SOS Children’s Villages and The Prince’s Trust in 24 European countries and The Ritz-Carlton’s “Succeed Through Service” in 26 countries. For 21 years, the Marriott Foundation for People with Disabilities (MFPD) has provided job and life-skills training for young people with disabilities. Through the MFPD, more than 13,500 youth have been placed in mainstream employment with 3,500 employers, including Marriott, across nine cities in the U.S.
“For Marriott, creating a sustainable future includes preserving the environment, but it also means creating more jobs and stronger communities,” said Mari Snyder, vice president of social responsibility. “Over the next two years, we plan to hire approximately 100,000 people in our growing portfolio of hotels, two-thirds outside the United States. These programs are equipping disadvantaged youth with employable skills that can hopefully prepare them for jobs with Marriott.”
The results of Marriott’s 2011-2012 Sustainability Report are reported to shareholders, customers, nongovernmental organizations (NGOs) and associates, who Marriott works to inform about its priorities and actions, understand their evolving expectations and viewpoints and create opportunities to address substantive issues through partnerships and collaboration.
In the report, Marriott captures results from 2011 in the areas of environmental, economic and social responsibility performance. Highlights from the report include:
“Our success depends on providing the information and transparency that our stakeholders increasingly expect,” said Arne Sorenson, president and CEO of Marriott International. “It also depends on being true to this purpose: to provide the opportunity for rewarding travel experiences for our guests, the opportunity for personal and professional growth for our associates, and the opportunity for a better and more sustainable future in the communities where we live and work.”
Comments and feedback related to the report are welcome at email@example.com. For more information about Marriott’s corporate social responsibility initiatives or for a full copy of the report, visit www.marriott.com/socialresponsibility. For more about Marriott’s environmental initiatives, visit www.marriott.com/environment.
Sustainability reports based on the GRI framework are used to determine the sustainability issues most pertinent to the organization; benchmark organizational performance with respect to laws, norms, codes, performance standards and voluntary initiatives; demonstrate organizational commitment to sustainable development; and compare organizational performance over time. The Sustainability Reporting G3 Guidelines are the foundation of the framework. For more information on the GRI, visit www.globalreporting.org.
Source: Visit Marriott International, Inc. (NYSE: MAR) for company information. For more information or reservations, please visit our web site at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.
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