Hilton Worldwide Holdings Inc. has cut its use of the acronym ESG, which stands for environmental, social and governance, in its annual report to investors.
In its 10-K report filed on Friday, the hotel chain didn’t use the term ESG for its goals or programs, instead replacing the term with ‘corporate responsibility,’ ‘sustainability,’ or a reference to its ‘Travel with Purpose’ program. There were 23 references to the acronym in last year’s report; none this year.
Last year’s report also specified that its ESG goals—including “aiming toward a net zero future”—had a 2030 target in several places. There is no ...