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AIR Communities Launches New Corporate Responsibility Website

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AIR Communities has launched a new corporate responsibility website to enhance its engagement in environmental, social, and governance (ESG) initiatives. The site highlights the company’s goals, including a 15% reduction in energy use, 10% in water usage, and 15% in greenhouse gas emissions by 2025. Over the past decade, AIR has invested $16.7 million in energy conservation. The website also emphasizes the company’s commitment to community and ethical governance. AIR operates 76 apartment communities across the U.S. and is listed on the NYSE under the ticker symbol AIRC.

Positive
  • Launch of corporate responsibility website to improve transparency.
  • Set ambitious ESG goals, including 15% energy reduction by 2025.
  • Significant investment of $16.7 million in energy conservation from 2018-2020.
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  • None.

Denver, CO, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Apartment Income REIT Corp., known as AIR Communities, today announced the launch of a new corporate responsibility website. The site expands upon AIR’s longstanding corporate citizenship efforts, highlighting initiatives and accomplishments related to environmental, social, and governance measures.

“Our newly refreshed website was designed to be an engaging experience for those interested in learning more about our corporate responsibility program,” said AIR’s Chief Corporate Responsibility Officer Patti Shwayder. “The site provides transparency into our goals, programs, and accomplishments, and we are thrilled to have a new venue for sharing our team’s good work in caring for our residents and the communities where we live and work.”

Featured on the website are AIR’s Corporate Responsibility goals, which outline targets to reduce the company’s environmental impact by 2025, including a 15% energy reduction, 10% water usage reduction, and 15% greenhouse gas reduction.  This is in addition to more than a decade of investment in clean energy, energy efficiency, and water conservation, including $16.7 million invested in energy conservation between 2018-2020.

The site details AIR’s commitment to community, team culture, and award-winning customer service. A new governance page includes AIR’s dedication to high ethical standards, its high-performing Board of diverse backgrounds and expertise, corporate policies, and shareholder engagement efforts.

Visit AIR’s ESG website at https://csr.aircommunities.com to learn more.

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AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of the country’s largest owners and operators of apartments, with 76 communities in 11 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400. For more information about AIR, please visit our website at www.aircommunities.com.

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FAQ

What are the main goals of AIR Communities' corporate responsibility website?

The main goals include transparency and commitment to ESG initiatives, with specific targets for energy, water, and greenhouse gas reductions.

How much did AIR Communities invest in energy conservation between 2018-2020?

AIR Communities invested $16.7 million in energy conservation during that period.

What energy reduction goal has AIR Communities set for 2025?

AIR Communities aims for a 15% reduction in energy usage by 2025.

What is the ticker symbol for AIR Communities?

The ticker symbol for AIR Communities is AIRC.

How many apartment communities does AIR Communities operate?

AIR Communities operates 76 apartment communities across the United States.

Apartment Income REIT Corp.

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