Centerspace (NYSE: CSR) has recently released its 2024 Environmental, Social, and Governance (ESG) report, showcasing the company's dedication to sustainable business practices in the multifamily industry. The report, aligned with GRI's 2024 Universal Standards and Topic Standards, highlights several key achievements from the previous year.
One notable accomplishment is the company's 81% energy usage data coverage, surpassing the 2027 goal of 75% coverage. This demonstrates Centerspace's commitment to energy efficiency and sustainability within its operations.
Additionally, the completion of the company’s second GRESB (Global Real Estate Sustainability Benchmark) submission underscores its continued efforts to benchmark and improve its sustainability performance within the real estate sector.
Moreover, Centerspace introduced its manager in training program, reflecting its investment in talent development and commitment to fostering a skilled workforce.
Anne Olson, Centerspace President and CEO, emphasized that these achievements underscore the company's dedication to continuous improvement and its understanding of the real estate industry's potential to impact the environment positively.
Centerspace, which owns 70 apartment communities consisting of 12,883 homes across several states, including Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota, continues to uphold its commitment to responsible business practices and environmental stewardship.
The full ESG report can be accessed on the Centerspace website for further details. Today the company's shares have moved -0.4% to a price of $73.9. For the full picture, make sure to review Centerspace's 8-K report.
