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Sustainability Matters

Vail Resorts and Its Human Capital Management Headache

Personnel problems led to crowded mountains, but Ron Baron remains a fan.

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As a long-term holder of Vail Resorts (MTN), celebrated investor Ron Baron rarely had to think about sustainability issues when it came to discussions with the ski resort operator. After all, Vail had a plan to decisively reduce emissions to net zero by 2030 and is using renewable electricity widely. Yet this year, Vail has been plagued by a new sustainability challenge, in the form of widespread staffing problems, raising the ire of skiers and snowboarders. It’s something Baron intends to speak to Vail executives about.

Leslie Norton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.