Our holistic approach to sustainability encompasses environmental sustainability, social responsibility, and inclusive and ethical corporate governance. Our six core aims underpin the Pebblebrook ESG vision and provide the framework for embedding ESG throughout our business model. Our ESG strategy was established to reduce our ‘footprint’ and create a sustainable environment for our employees and vendors, and bolster our overall business strategy – redeveloping out-of-touch properties into lifestyle branded hotels. To meet this aim, since 2016 we have invested over $20 million in projects on energy conservation and greenhouse gas emission reduction, water efficiency and waste reduction. We also continually evaluate and monitor energy usage, water consumption and waste production by running detailed benchmarking throughout our portfolio. We engage third-party consultants to assess energy performance and further reduce our standing investments’ environmental impact.