OTTAWA, ON, Sept. 23, 2024 /CNW/ - Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (the "REIT") today announced the publication of its 2023 Environmental, Social and Governance ("ESG") Report (the "Report"). The Report highlighted the REIT's continued progress in addressing the issues that are important to its investors, employees and communities.
"Our commitment to ESG is reflected across our operating footprint. From the way we treat our employees to doing the right thing for our residents, the environment, and the future of our business, we have integrated ESG into every aspect of what we do," said Jonathan Li, President and Chief Executive Officer of Minto Apartment REIT. "We're building a resilient business through governance structures that incorporate strong ESG dimensions to inform our business practices; we're making a positive impact on the communities we serve by fostering meaningful connections with them and the employees that help us carry out our mission; and we're taking steps towards championing environmental responsibility, including consuming fewer natural resources and reducing greenhouse gas emissions."
"Underlining our commitment to ESG, the REIT participates in the GRESB real estate assessment, which independently provides actionable and transparent environmental, social and governance data to financial market participants," added Mr. Li. "In 2023, we scored 96 in the GRESB Public Disclosure evaluation, earning a Level A designation. In the Real Estate Assessment we scored 78, earning a Green Star designation and 3-star rating. These scores reflect our commitment to transparency and excellence."
Other 2023 ESG highlights included:
Diversity and Inclusion
Community Engagement
Environmental Stewardship
The Report adheres to the reporting standards of the Global Reporting Initiative and the Sustainability Accounting Standards Board. It can be found by visiting the REIT's website at www.mintoapartmentreit.com/about/environmental-social-and-governance.
About Minto Apartment Real Estate Investment Trust
Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own, develop and operate income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa and Calgary. For more information on Minto Apartment REIT, please visit the REIT's website at: www.mintoapartmentreit.com.
Forward-Looking Information
This news release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the REIT's current expectations regarding future events and in some cases can be identified by such terms as "will" and "expected". Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the REIT's control that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties are more fully described in regulatory filings that can be obtained on SEDAR+ at www.sedarplus.com.
SOURCE Minto Apartment Real Estate Investment Trust
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