Ventas Earns Nareit 2024 Healthcare “Leader in the Light” Award
20 November 2024 - 10:30PM
Business Wire
Company also Receives Nareit’s Inaugural
“Impact at Scale” Award for its Pioneering Decarbonization
Strategy
Ventas, Inc. (NYSE: VTR) today announced that it has earned the
2024 Nareit “Leader in the Light” award for the Healthcare sector
in recognition of its superior and longstanding sustainability
practices. This is the eighth time Ventas has received this
important recognition.
In addition, Ventas was recognized with Nareit’s inaugural
“Impact at Scale” award for the Company’s innovative and scalable
approach to decarbonization. As part of its commitment to achieving
net zero operations, Ventas used machine learning and physics-based
modeling to efficiently create property-specific decarbonization
roadmaps for each of the more than 800 properties under the
Company’s operational control. In 2022, Ventas became the first
healthcare REIT to commit to net zero operational carbon emissions
(Scopes 1 + 2), which it plans to achieve by 2040.
“We’re proud to be recognized for our steadfast commitment to
sustainability and rigorous, data-driven approach to advancing
goals that strengthen our business and drive value for residents,
tenants, caregivers and shareholders," said Kelly Meissner, Ventas
Vice President, Corporate ESG & Sustainability. “As a major
participant in the longevity economy, our work is more essential to
society than ever before. Our sustainability efforts build value
for all our stakeholders and advance our mission to help people
live longer, healthier, happier lives.”
Nareit’s annual Leader in the Light Awards recognize REITs that
demonstrate leadership in implementing sustainable and socially
responsible investment and operating practices, good governance and
transparency. The awards were presented to Nareit corporate members
in nine property sector categories.
Nareit’s inaugural Sustainability Impact Awards, including the
“Impact at Scale” award, recognize REITs for implementing
sustainable practices that demonstrate leadership, ingenuity and
environmental impact in the commercial real estate industry.
Ventas is a widely recognized industry leader in sustainability.
Additional recent achievements include:
- #1 Listed Healthcare REIT in the GRESB global ESG real estate
assessment since 2017
- ENERGY STAR ® Partner of the Year in Energy Management for 4th
consecutive year with Sustained Excellence designation for 2nd
consecutive year
- Maintained ISS ESG Prime Status for Corporate ESG performance
since 2020
- America’s Most Responsible Companies list by Newsweek for the
4th consecutive year
- Top-Rated ESG Regional Company by Morningstar Sustainalytics
for the 2nd consecutive year
Ventas’s 2023-2024 Corporate Sustainability Report (“CSR”)
details the Company’s sustainability initiatives to support the
growth and success of its business and to advance the Company’s
vital mission of helping a large and rapidly growing aging
population live longer, healthier, happier lives. The CSR is
available at www.ventasreit.com/csr2024.
About Ventas
Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate
investment trust enabling exceptional environments that benefit a
large and growing aging population. With approximately 1,350
properties in North America and the United Kingdom, Ventas occupies
an essential role in the longevity economy. The Company’s growth is
fueled by its over 800 senior housing communities, which provide
valuable services to residents and enable them to thrive in
supported environments. The Ventas portfolio also includes
outpatient medical buildings, research centers and healthcare
facilities. The Company aims to deliver outsized performance by
leveraging its unmatched operational expertise, data-driven
insights from its Ventas OI™ platform, extensive relationships and
strong financial position. Ventas’s seasoned team of talented
professionals shares a commitment to excellence, integrity and a
common purpose of helping people live longer, healthier, happier
lives.
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