SVC’s business strategy incorporates a focus on sustainable approaches to operating our properties in a manner that benefits our shareholders, tenants and the communities in which we are located. We encourage our managers and tenants to operate our properties in ways that improve the economic performance of their operations, while simultaneously managing energy and water consumption, as well as greenhouse gas emissions.
SVC’s environmental sustainability and community engagement strategies are primarily implemented by our managers and tenants.
Recent sustainability highlights include:
Achievements & Recognition: SVC was named a 2023 Retail Influencer by GlobeSt. Real Estate Forum in 2023 and earned ENERGY STAR certifications for two properties totaling 401,207 SF.
Policies: In 2023, Sonesta’s CEO, John Murray, joined AHLA’s No Room For Trafficking (NRFT) Advisory Council, pledging the Company’s support to industry-wide anti-trafficking efforts.
SVC’s Business Partners’ Code of Conduct, an Employee Health and Wellness Policy, a Human Rights Policy and a Philanthropy Policy are available on our Governance page.
Board Diversity: SVC’s Board of Trustees is composed of approximately 25% members of underrepresented communities1 and 25% women.
Learn more about our ESG highlights through our most recently published Sustainability Tear Sheet.
Learn more about the Sustainability programs of our manager, The RMR Group, through its most recently published Sustainability Report.
1 Underrepresented communities includes people of color and those who identify as LGBTQ.