CAPREIT Announces Release of 2023 ESG Report
20 Juni 2024 - 11:00PM
Canadian Apartment Properties Real Estate Investment Trust
(“
CAPREIT”) (TSX:CAR.UN) announced today that it
has issued its fifth annual Environmental, Social, and Governance
(“
ESG”) Report providing an overview of its ESG
strategies, policies, and commitments, and highlighting the
progress made in 2023.
Highlights of CAPREIT’s 2023 ESG Report
include:
- Invested $30.7 million in
energy-saving, resiliency, and water efficiency projects in
Canada;
- Achieved a 10.2% reduction in total
greenhouse gas emissions compared to 2019;
- Reduced our per suite energy use by
6.1% since 2022;
- Scored 7/10 on our annual Resident
Satisfaction Survey;
- Our Resident Recommendation Score
remained strong at 78%;
- Published a Resident Bill of
Rights; and
- Achieved 88% employee satisfaction
on CAPREIT’s approach to diversity and inclusion.
“We’re thrilled to share the progress we’ve made
in advancing our ESG vision in alignment with our strategic pillars
to be the best place to live, work and invest,” commented Mark
Kenney, President and Chief Executive Officer. “Our dedication to
sustainability reflects our overarching responsibility to all of
our stakeholders to implement good environmental, social and
governance practices, while delivering sustainable financial
returns for our investors, and providing a secure, comfortable and
high-quality living experience for our residents. We encourage
everyone to review our ESG Report to learn more about our
accomplishments, and our plans for the future.”
Find out more about the progress CAPREIT’s made
on its ESG program in the 2023 ESG Report, which can be found by
visiting the CAPREIT website at www.capreit.ca – click on “About
Us” and follow the link to “Our ESG Story” at the top of the
page.
ABOUT CAPREITCAPREIT is
Canada’s largest publicly traded provider of quality rental
housing. As at March 31, 2024, CAPREIT owns approximately 64,200
residential apartment suites, townhomes and manufactured home
community sites well-located across Canada and the Netherlands,
with approximately $16.7 billion of investment properties in Canada
and Europe. For more information about CAPREIT, its business and
its investment highlights, please visit our website at
www.capreit.ca and our public disclosure which can be found under
our profile at www.sedarplus.ca.
CAUTIONARY STATEMENTS REGARDING
FORWARD-LOOKING STATEMENTSAll statements in this press
release that do not relate to historical facts constitute
forward-looking statements. These statements represent CAPREIT’s
intentions, plans, expectations and beliefs and are subject to
certain risks and uncertainties that could result in actual results
differing materially from these forward-looking statements. These
risks and uncertainties are more fully described in regulatory
filings that can be obtained on SEDAR+ at www.sedarplus.ca.
For more information, please
contact:
CAPREIT |
|
CAPREIT |
|
CAPREIT |
Mr. Mark Kenney |
|
Mr. Stephen Co |
|
Mr. Julian Schonfeldt |
President & Chief Executive Officer |
|
Chief Financial Officer |
|
Chief Investment Officer |
(416) 861-9404 |
|
(416) 306-3009 |
|
(647) 535-2544 |
Canadian Apartment Prope... (TSX:CAR.UN)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Canadian Apartment Prope... (TSX:CAR.UN)
Historical Stock Chart
Von Jun 2023 bis Jun 2024