Sustainability

Five REITs have been named sector leaders on Barron’s list of America’s Most Sustainable Companies: Kilroy Realty Corp. (NYSE: KRC), Macerich (NYSE: MAC), Welltower, Inc. (NYSE: WELL), Equinix, Inc. (NYSE: EQIX), and Host Hotels & Resorts, Inc. (NYSE: HST), listed respectively, one through five.

Ventas, Inc. (NYSE: VTR) has become the first S&P 500 REIT to sign the United Nations Global Compact (UNGC), signifying a commitment to align company strategies and operations with universal principles on human rights, labor, environment, and anti-corruption.

CalSTRS, the California State Teachers’ Retirement System, has affirmed its commitment to long-term environmental sustainability by adopting a new investment belief that establishes climate change as a fundamental consideration in all investment decisions.

Concern about business risks associated with climate change is growing in the insurance, banking, credit rating and other financial services industries, according to an article by Deloitte risk management staff members published in the Wall Street Journal.

Nearly 40 members of the Real Estate Sustainability Council met in Washington, D.C. last week.

REIT has pledged $500,000 to Los Angeles’ Union Rescue Mission.

Nearly 40 members of the Real Estate Sustainability Council met in Atlanta last week.

Equinix, Prologis, and Healthpeak Properties featured on Investor’s Business Daily’s 50 Best ESG Companies list.

Awards recognize member REITs and individuals for achievement in sustainability.

Attendees will learn best practices for growing (or just starting) their organization’s ESG program.