Service Properties Trust.
SVC.US | Real estate activities with own or leased property
Service Properties Trust (SVC) is a real estate investment trust (REIT) that owns a diverse portfolio of service-oriented real estate properties. The company primarily invests in hotels and net lease properties. Its hotels are operated under various brands through management agreements. The net leas...Show More
Better Health for All
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Service Properties Trust (SVC) is a real estate investment trust (REIT) and does not offer health-related products or services, nor does it engage in health research or hold healthcare-related patents.
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Therefore, several KPIs related to direct health product impact, accessibility, research ethics, and pharmaceutical practices are not applicable to its business model. No specific data is provided for SVC.US regarding its direct health impact, revenue from harmful products, safety record, risk transparency, health-related R&D or capital allocation, indirect health effects, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, or mental health initiatives.
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Fair Money & Economic Opportunity
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Service Properties Trust (SVC) is a real estate investment trust (REIT) that owns hotels and net lease properties.
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The company's core business does not involve offering lending or deposit services, consumer credit products, or financial services to individual customers. Therefore, KPIs related to customer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (loan/insurance book), customer financial data accessibility, fair lending compliance, wealth building outcomes, financial literacy initiatives, debt burden ratio, and product simplicity, are not applicable to its operations. While the company and its manager, RMR, engage in various diversity, equity, and inclusion (DEI) programs for their workforce and board, and partner with programs like Project Destined for students in commercial real estate, these initiatives do not align with the specific definitions of the financial services-focused KPIs in the rubric.
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No evidence was found regarding profit reinvestment in community finance or profit-sharing with underserved communities.
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Fair Pay & Worker Respect
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No specific, quantitative data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect for SVC.US, its hotel operator Sonesta, or its manager The RMR Group. The articles either contained general legal information (FLSA), company disclaimers, or high-level diversity statistics and program descriptions that do not directly map to the defined KPI metrics and their quantitative thresholds. For example, while Sonesta's Elevate program had a 92% retention rate,
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this is not the overall company turnover rate. Similarly, information about legal frameworks for collective bargaining or health insurance does not provide company-specific coverage percentages.
Fair Trade & Ethical Sourcing
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No specific, concrete data points were found in the provided articles for the KPIs related to fair trade and ethical sourcing. While SVC.US expects its Business Partners to adhere to a Code of Conduct and applicable laws, and reserves the right to terminate relationships for non-adherence,
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no percentage of supplier contracts with enforceable ethical-sourcing clauses was provided.
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Similarly, there was no quantifiable data on fair trade certifications, audit frequency, substantiated forced or child labor incidents, supply chain traceability, remediation speed, materials risk index, or supplier diversity spend.
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Honest & Fair Business
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No evidence available to assess Service Properties Trust on Honest & Fair Business.
Kind to Animals
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Service Properties Trust (SVC) is a real estate investment trust (REIT) that owns hotels and net lease properties.
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Its core business model does not involve product manufacturing, animal testing, or direct animal agriculture. Therefore, KPIs related to animal-derived products, testing, or farming practices are not applicable. The company does not have animal husbandry or captive operations under its control, nor does it source eggs, meat, or dairy. There is no evidence of R&D budgets for animal-free technologies or engagement in animal welfare policy. While SVC properties include 22 National Wildlife Sanctuary Sites that provide habitat for wildlife,
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the evidence does not provide specific measurable biodiversity impact metrics (e.g., population increases or revenue allocated to conservation) required to score the 'wildlife_conservation_impact' KPI against the rubric's quantitative thresholds.
No War, No Weapons
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The provided articles do not contain any specific, concrete data points or explicit statements regarding SVC.US's involvement in arms manufacturing, military contracts, or conflict facilitation.
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The company is described as a real estate investment trust (REIT) that owns hotels and net lease properties.
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The articles explicitly state a lack of data for all relevant KPIs, including revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment, board oversight of defense activities, export certifications, lobbying related to arms control, humanitarian procurement compliance, human rights due diligence in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use item screening, surveillance transparency, ethical red lines, exposure to controversial weapons, war risk audits, annual conflict partner reviews, defense divestment percentages, conflict minerals, peace tech investment, conflict zone procurement, and ethical red line compliance rates.
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Planet-Friendly Business
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Service Properties Trust (SVC) is included in The RMR Group's validated Science-Based Targets Initiative (SBTi) target to reduce Scope 1 and 2 GHG emissions by 50% per square foot of managed property by 2029 from a 2019 base year.
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However, the evidence does not specify interim milestones. SVC reports 0% renewable energy for both its hotel and net lease portfolios.
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For green building certifications, 9.43% of SVC's eligible hotel portfolio is ENERGY STAR certified, while 0% of its eligible net lease portfolio holds this certification.
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As part of RMR's managed properties, SVC achieved a 51.1% waste diversion from landfills in 2024.
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The company's net-zero emissions target from operations is set for 2050.
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SVC's climate risk management is formalized through alignment with the TCFD framework.
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Physical climate scenario assessments were updated in 2024 for substantially all of SVC's properties, including 1.5°C, 2°C, and 3°C+ pathways.
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A significant portion of SVC's hotel water withdrawal, 39.37%, is from regions with High or Extremely High Baseline Water Stress, while 0% of its net lease water withdrawal is from such regions.
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Respect for Cultures & Communities
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No specific, concrete data points were found in the provided articles to assess SVC.US against the defined KPIs for 'Respect for Cultures & Communities'. Information regarding formal partnerships with indigenous or local community groups, percentage of revenue reinvested in local community development, cultural appropriation incidents, cultural impact assessment protocols, proportion of workforce recruited from local communities, coverage of formal grievance mechanisms for community concerns, average time to resolve community complaints, percentage of affected communities participating in FPIC processes, representation of community members in board or advisory bodies, percentage of reinvestment allocated to cultural or linguistic preservation programs, proportion of procurement spending directed to local suppliers, number of indigenous or minority-owned suppliers engaged, actions taken to protect cultural or heritage sites, percentage of operations with a documented social license to operate, percentage of revenue donated to cultural heritage organizations, percentage of non-core revenue distributed to community development funds, assessment score of language inclusivity, effectiveness of response to cultural incidents or controversies, or percentage of employees completing cultural sensitivity training was not explicitly provided with the required quantitative or specific qualitative detail to map to the rubric's thresholds.
Safe & Smart Tech
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No evidence available to assess Service Properties Trust on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No evidence available to assess Service Properties Trust on Zero Waste & Sustainable Products.