02/10/2022

2021 Environmental, Social and Governance Report Highlights Carr Properties’ Investment in Sustainability

Carr Properties is pleased to present our 2021 Environmental, Social and Governance (ESG) Report. The report highlights our commitment to developing and operating high performance green and healthy buildings in a sustainable, innovative and responsible manner.

Our commitment was validated by numerous NAIOP Awards of Excellence for our new developments, by RealComm for “Best Use of Automation” in the real estate category, and recognized by UL for our “commitment to the health and well-being of building occupants and to a more sustainable environment.” Our portfolio was also recognized as high performing by LEED, ENERGY STAR, WELL Health-Safety, UL Healthy Buildings Verification and Fitwel. 

To support the transition to a low-carbon economy, the Company is working with industry and academic experts to develop a strategic sustainability plan. The plan is focused on developing pathways to achieving carbon-neutral operations and to reducing the predicted energy consumption and carbon footprint of our development projects.

Our Diversity and Inclusion Committee provides guidance to help advance our company work environment of respecting diversity, inclusion and transparency. Throughout the pandemic, our team has continued to engage in our communities and support numerous community and charitable causes. Our urban and infill development projects generate jobs, upgrades to local infrastructure, public spaces and food and services to the community. The Company is committed to broadening and improving our ESG performance.

“Our customers, associates, investors, communities and other stakeholders are increasingly focused on ESG issues,” Oliver Carr, CEO of Carr Properties, shared in his Letter to Stakeholders. “With our long-term and progressive ownership view, our sustainability strategy remains focused on the material economic and social issues impacting our business. Our commitment to continuously improving our ESG performance is the right thing to do and helps us identify portfolio risks and opportunities.”

We look forward to continuing our commitment to developing and managing innovative, immersive work environments, and embracing our responsibility to lead in sustainability and wellness every step along the way.

 

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