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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