Denver-based real estate investment trust Healthpeak Properties reduced greenhouse gas emissions by 4% in 2022, for an overall decrease of 43% over the past 12 years, on a like-for-like basis. That’s according to the REIT’s recently published annual environmental, social and corporate governance report.

Healthpeak’s portfolio includes 15 continuing care retirement communities with a total of 7,100 units. Nine percent of the REIT’s net operating income comes from its CCRC portfolio. The company also invests in life science and medical office properties.

“As an organization focused on benefiting society through positive health outcomes, ESG is woven into our culture and strategy,” President and CEO Scott Brinker said in a statement. “Our 12th annual ESG Report highlights our leadership in building a resilient portfolio, an energetic and engaged team, and thriving communities where we operate.”

Healthpeak was among companies recognized at the Executive level (50 or more buildings certified in 2022) for earning the US Environmental Protection Agency’s Energy Star certification in 2022; Healthpeak had 67 buildings certified last year. It was the REIT’s third time being named an Energy Star Partner of the Year, according to the ESG report.

Energy Star certified buildings are verified to perform better than 75% of similar buildings nationwide. They use an average of 35% less energy, and they are responsible for 35% fewer carbon dioxide emissions than typical buildings, according to the EPA.

Additionally, Healthpeak maintained its Global Real Estate Sustainability Benchmark Green Star Designation for the 11th consecutive year, with a four-star rating in 2022.

More results from the report appear below.

Social

As of Dec. 31, the REIT’s workforce was 46% female and 37% racially diverse, according to the report.

The trust conducted company-wide inclusion and belonging training and had 100% participation last year, and it also sponsored university and community outreach programs supporting education of underrepresented groups.

The company’s annual employee engagement score remained above the Kingsley Index industry average for the fourth consecutive year. Healthpeak was certified a Great Place to Work for the second year in a row. 

Healthpeak also saw an increase in year-over-year support of organizations serving underrepresented communities, from 18% of charitable giving in 2021 to 33% in 2022.

Governance

Healthpeak maintained an average Institutional Shareholder Services Monthly Governance QualityScore in at least the top 40% of companies surveyed. The REIT’s average monthly score of 1.2 reflects top 10% performance of all public companies surveyed. This score is up from top 20% performance the previous year.

The ESG report also noted that the REIT has attained at least 95% completion of annual employee code of conduct training.