RLJ Corporate Responsibility
As we operate our business, we are committed to fostering diversity and inclusivity in the workplace, demonstrating high ethical standards in the management of our business, and managing our portfolio to reduce climate and other risks along with minimizing our environmental impact. We recognize the importance of ESG to our investors and stakeholders and have strengthened our approach by establishing an internal ESG committee that reports ESG matters directly through our CEO to the Board’s Nominating and Corporate Governance Committee.
Our corporate responsibility strategy underpins our commitment to ESG, and we continue to integrate our strategy to create long-term shareholder value, while maintaining the highest standards of ethical behavior and effective corporate governance. We also commit to environmental stewardship by investing in projects that reduce our consumption of energy and water and lower our greenhouse gas emissions. Additionally, we strive to generate positive social impact by empowering our associates and supporting our local communities through philanthropy and other community engagement activities.
Corporate Responsibility Objectives
Our Corporate Responsibility strategy aligns our ESG objectives with our commitment to generating long-term shareholder value through the following:
- Drive revenue growth by following a disciplined investment strategy and through aggressive asset management,
- Reduce costs through investments in energy and water conservation and other “greening” efforts,
- Improve our human capital by championing our corporate culture of diversity and inclusivity to boost motivation, attract top talent, and retain associates,
- Validate our sustainability commitments through external benchmarking and transparent reporting, and
- Expand our engagement with our partners, suppliers and the communities in which we operate.
We are proud to build on these principles with our third annual Corporate Responsibility Report, which includes disclosure of ESG data and aligns with Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Financial Disclosures (TCFD) frameworks. We look forward to building on these disclosures in 2025.
RLJ Policies & Procedures
Environmental Policy: This policy outlines our objectives, risks and opportunities, management processes, standard technical practices and investment focus areas including reducing energy use and greenhouse gas emissions, green building, water use, effluents and waste, and the physical impacts of climate change.
Human Rights Policy: This policy is designed to help safeguard our commitment to human rights and responsible labor practices across the social issues most important to our Company, such as associate health and well-being, diversity and inclusion, and community relations.
Vendor Code of Conduct: This code aims to encourage our vendors to adopt our commitments to environmental stewardship, human rights, corporate citizenship, and effective governance.
