Le Lézard
Classified in: Environment
Subjects: Product/Service, Corporate Social Responsibility, Award

The RMR Group Publishes Inaugural Sustainability Report


The RMR Group Inc. (Nasdaq: RMR) today published its inaugural Sustainability Report, which summarizes the Environmental, Social and Governance (ESG) initiatives employed by RMR and its client companies, including Diversified Healthcare Trust (Nasdaq: DHC), Service Properties Trust (Nasdaq: SVC), Office Properties Income Trust (Nasdaq: OPI) and Industrial Logistics Properties Trust (Nasdaq: ILPT). The report details its ESG program and highlights ESG successes and performance targets.

Adam Portnoy, President and Chief Executive Officer of RMR and Chair of the REIT boards, made the following statement:

"Sustainability initiatives -- minimizing our impact on the environment, embracing the communities where we operate and attracting top professionals -- have been integral practices at RMR and our client companies for many years. This inaugural Sustainability Report articulates several of these practices, signifies our commitment to sustainability and underscores our significant ESG progress. Given the magnitude of our nationwide operations, we believe sustainability must be a strategic focus alongside economic performance across RMR and our client companies."

In recent years, RMR and its client companies have demonstrated sustainability leadership with a growing number of accolades from government, real estate industry and media organizations. The most notable accomplishments over the past year, summarized in the 2019 Sustainability Report, include the following:

RMR is responsible for providing all aspects of management services and strategy for more than 1,300 properties with over 93 million square feet of commercial office, industrial, medical office, life science and retail space.

RMR's full 2019 Sustainability Report is available on the Corporate Sustainability section of its website and can be downloaded here.

About The RMR Group Inc.

The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate operating companies. As of March 31, 2020, The RMR Group LLC had $32.0 billion of total assets under management, including over 2,100 properties, and employed over 600 real estate professionals in more than 30 offices throughout the United States; and the companies managed by The RMR Group LLC collectively had nearly 50,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.


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