CareTrust REIT Achieves ISS ESG “Prime” Status for 2024
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Several strategies that contribute to the company’s ESG performance are:
- Financially support environmental improvement projects by offering financial incentives.
- Utilize an Environmental Management System for utility data at properties.
- Implement green lease clauses.
- Engage stakeholders on climate risk, resource reduction, and energy benchmarking compliance.
- Assess physical climate risk and identify resiliency strategies at properties.
- Prioritize investment in our employees through comprehensive financial well-being benefits.
- Safeguard the confidentiality and integrity of our information through a reputable Cybersecurity firm.
- Require that tenants participating in our Tenant ESG Program have a written Code of Business Conduct and Ethics.
Additionally, CareTrust has seamlessly integrated Corporate Governance principles into its company committees, policies, and practices. Its dedicated ESG Board, Employee Committees, and Senior Management oversee various facets of its ESG strategy, ensuring that all levels of the organization actively participate in advancing its corporate sustainability responsibilities.
In recent efforts, the company has proactively identified properties subject to emerging jurisdictional building performance standards to ensure compliance readiness. Furthermore, CareTrust has pinpointed the top 20 most resource-intensive properties and commenced communication with relevant operators, offering tailored improvement solutions and supportive resources.
Presently, the ESG committee is analyzing the results of its latest physical climate risk assessment and preparing communication regarding identified mitigation and adaptation strategies.
CareTrust has aligned its Corporate Sustainability Report with reference to the GRI Standards and with the TCFD recommended disclosures, ensuring transparency and accountability in its reporting practices. For access to its latest Corporate Sustainability Report, visit https://investor.caretrustreit.com/Corporate-Responsibility/default.aspx.
About
ISS ESG
ISS ESG’s ESG Corporate Rating is designed to enable institutional investors to support their investment strategies by assessing the ESG performance of corporate issuers. Refer to the link provided for additional information: https://www.issgovernance.com/esg/ratings/.
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