Reduce the environmental impact of our portfolio through smart development, efficient operating practices, and innovative decarbonization and resilience strategies that help minimize climate risks and maximize value.
We see building certification as a tool to support the design and construction of energy-efficient and sustainable communities. The targeted pursuit of LEED certification helps align project team expectations and provides an additional level of quality control that supports our environmental sustainability goals at the asset and portfolio level.
Our Sustainable Development Policy generally requires Gold Level LEED certification of the Gold Level for all Mid-rise and High-rise buildings using the LEED BD+C Multifamily v4 rating system. The policy also outlines design and construction requirements for all new developments which are broken out across categories including Energy Efficiency, Electrification, Embodied Carbon, Renewable Energy, Water Efficiency, Construction Waste, and EV Charging.
As of the end of 2023, we have 69 communities that have earned one or more environmental certifications to date, and an additional 61 communities in development or construction that are pursuing certification, bringing the total number of communities in our portfolio either pursuing or having achieved an environmental certification to 130.
Positively impact our associates, residents, and other external stakeholders by safeguarding their health, safety, and well-being, cultivating an inclusive environment where we all belong and effectively collaborate, innovate, and engage with each other, and supporting our communities through philanthropic giving and volunteerism.
Our Building Strong Communities community investment and engagement program focuses on issues relevant to our business: disaster relief and community preparedness, affordable housing and support for underserved communities. Bringing our associates together to volunteer and give back strengthens our relationships and builds our culture.
As we continue to grow and innovate, it’s important that we recruit, develop and promote associates with a wide range of backgrounds, experiences and perspectives to assure that we attract and retain the best talent. To do this, we strive to create an environment that encourages all voices to be heard, understood and appreciated.
Prioritize transparency, accountability, and integrity with respect to environmental, social, and related governance matters.