AIR Communities Announces 2023 GRESB Performance

AIRโ€™s GRESB results include 100% scores in leadership and reporting, a perfect social responsibility score, and near perfect governance score.

Apartment Income REIT Corp. (NYSE: AIRC) (โ€œAIRโ€ or โ€œAIR Communitiesโ€) today announced a 2023 GRESB score of 82 out of 100. AIR received a 100% score for both leadership and reporting, and now has a four out of five star GRESB Rating for overall Management and Performance in 2023. Additional highlights include a 12.5% improvement in environmental performance, a perfect social responsibility score, and a near-perfect governance score. The overall results place AIR in the top quartile of residential entities in the Americas. AIR also received an โ€œAโ€ for public disclosure, ranking second among peers.

โ€œContinuous improvement is a longstanding goal of AIR, and our strong 2023 GRESB results showcase our commitment to making a positive impact in our business, our team and the communities in which we live and work,โ€ said AIRโ€™s Chief Corporate Responsibility Officer Patti Shwayder. โ€œWe are proud of our progress, and this GRESB performance validates our continuing efforts.โ€

The GRESB Real Estate Assessment is the investor driven global ESG benchmark and reporting framework for listed property companies, private property funds, real estate developers and investors. The GRESB ESG Benchmark grew this year to cover more than $8.8 trillion of gross asset value, comprising 2,084 real estate entities, 687 infrastructure assets and 172 infrastructure funds.

โ€œBenchmark growth across real estate and infrastructure this year is not just about numbersโ€”itโ€™s about the depth and breadth of data. This increasing dedication and awareness of data quality demonstrates the commitment of global real assets to transparency and sustainability on a broader scale,โ€ said Sebastien Roussotte, CEO of GRESB.

Learn more about AIRโ€™s commitment to ESG by viewing the 2022/2023 Corporate Responsibility Report and visiting AIRโ€™s corporate responsibility website.

About Apartment Income REIT Corp. (AIR Communities)

Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (โ€œREITโ€). AIRโ€™s portfolio comprises 75 communities totaling 26,555 apartment homes located in 10 states and the District of Columbia. AIR offers a simple, predictable business model with focus on what we call the AIR Edge, the cumulative result of our focus on resident selection, satisfaction, and retention, as well as relentless innovation in delivering best-in-class property management. The AIR Edge is a durable operating advantage in driving organic growth, as well as making possible the opportunity for excess returns for properties new to AIRโ€™s platform. For additional information, please visit aircommunities.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  210.32
-12.37 (-5.55%)
AAPL  278.12
+2.21 (0.80%)
AMD  208.44
+15.94 (8.28%)
BAC  56.53
+1.59 (2.89%)
GOOG  323.10
-8.23 (-2.48%)
META  661.46
-8.75 (-1.31%)
MSFT  401.14
+7.47 (1.90%)
NVDA  185.41
+13.53 (7.87%)
ORCL  142.82
+6.34 (4.65%)
TSLA  411.11
+13.90 (3.50%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Gift this article