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CareTrust Publishes Fourth Annual Corporate Sustainability Report

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CareTrust REIT has released its fourth annual Corporate Sustainability report, highlighting progress in Environmental, Social, and Governance (ESG) initiatives. The company, which operates through triple-net master leases, promotes sustainable practices among third-party operators by offering financial incentives for environmental projects and incorporating green lease clauses.

Key achievements include:

  • Identifying the top 20 most resource-intensive properties
  • Implementing two environmental improvement projects through a tenant incentive program
  • Increasing leases with ESG requirements by 10%
  • Assessing energy reduction from LED lighting retrofits
  • Enhancing employee well-being and professional development
  • Boosting charitable giving
  • Strengthening cybersecurity measures
  • Developing a portfolio Resilience Strategy for climate-related risks

The report aligns with Global Reporting Initiative (GRI) standards and includes frameworks like the Task Force on Climate-related Financial Disclosures (TCFD). CareTrust REIT was awarded Prime status by ISS ESG in their ESG Corporate Rating on March 21, 2024.

CareTrust REIT ha pubblicato il suo quarto rapporto annuale sulla Sostenibilità Aziendale, evidenziando i progressi nelle iniziative di Ambiente, Sociale e Governance (ESG). L'azienda, che opera attraverso contratti di locazione triple-net master, promuove pratiche sostenibili tra gli operatori terzi offrendo incentivi economici per progetti ambientali e incorporando clausole di locazione verde.

Le principali realizzazioni includono:

  • Identificazione delle 20 proprietà più intensive in termini di risorse
  • Implementazione di due progetti di miglioramento ambientale attraverso un programma di incentivazione per inquilini
  • Aumento degli affitti con requisiti ESG del 10%
  • Valutazione della riduzione energetica derivante da retrofitting di illuminazione a LED
  • Miglioramento del benessere dei dipendenti e dello sviluppo professionale
  • Aumento delle donazioni caritatevoli
  • Rafforzamento delle misure di cybersecurity
  • Sviluppo di una Strategia di Resilienza del portafoglio per i rischi legati al clima

Il rapporto è conforme agli standard del Global Reporting Initiative (GRI) e include framework come il Task Force on Climate-related Financial Disclosures (TCFD). CareTrust REIT ha ricevuto lo status Prime da ISS ESG nel loro Rating Aziendale ESG il 21 marzo 2024.

CareTrust REIT ha publicado su cuarto informe anual sobre Sostenibilidad Corporativa, destacando los avances en iniciativas de Medio Ambiente, Social y Gobernanza (ESG). La empresa, que opera a través de contratos de arrendamiento triple-net master, promueve prácticas sostenibles entre los operadores de terceros al ofrecer incentivos financieros para proyectos ambientales e incorporando cláusulas de arrendamiento verde.

Los principales logros incluyen:

  • Identificación de las 20 propiedades más intensivas en recursos
  • Implementación de dos proyectos de mejora ambiental a través de un programa de incentivos para inquilinos
  • Aumento del 10% en arrendamientos con requisitos ESG
  • Evaluación de la reducción de energía a partir de reformas de iluminación LED
  • Mejoramiento del bienestar de los empleados y desarrollo profesional
  • Aumento de las donaciones benéficas
  • Fortalecimiento de las medidas de ciberseguridad
  • Desarrollo de una Estrategia de Resiliencia del portafolio para los riesgos climáticos

El informe está alineado con los estándares de la Iniciativa de Reporting Global (GRI) e incluye marcos como el Task Force on Climate-related Financial Disclosures (TCFD). CareTrust REIT fue galardonado con el estatus Prime por ISS ESG en su Calificación Corporativa ESG el 21 de marzo de 2024.

CareTrust REIT는 환경, 사회 및 지배구조 (ESG) 이니셔티브의 진전을 강조하는 네 번째 연차 기업 지속 가능성 보고서를 발표했습니다. 트리플넷 마스터 임대를 통해 운영되는 이 회사는 환경 프로젝트에 대한 재정적 인센티브를 제공하고 녹색 임대 조항을 통합함으로써 제3자 운영자에게 지속 가능한 관행을 촉진합니다.

주요 성과는 다음과 같습니다:

  • 자원 소비가 가장 많은 20개 자산 식별
  • 임차인 인센티브 프로그램을 통한 두 개의 환경 개선 프로젝트 시행
  • ESG 요구 사항을 가진 임대 증가율 10%
  • LED 조명 리트로핏에 따른 에너지 절감 평가
  • 직원 복지 및 직업 개발 강화
  • 자선 기부 증가
  • 사이버 보안 조치 강화
  • 기후 관련 위험에 대한 포트폴리오 회복력 전략 개발

이 보고서는 글로벌 보고 이니셔티브 (GRI) 기준에 부합하며, 기후 관련 재무 공개를 위한 태스크 포스(TCFD)와 같은 프레임워크를 포함합니다. CareTrust REIT는 2024년 3월 21일 ISS ESG에 의해 ESG 기업 평가에서 Prime 등급을 받았습니다.

CareTrust REIT a publié son quatrième rapport annuel sur la durabilité d'entreprise, mettant en avant les avancées dans les initiatives Environnementales, Sociales et de Gouvernance (ESG). L'entreprise, qui fonctionne par le biais de baux master triple-net, encourage des pratiques durables parmi les opérateurs tiers en offrant des incitations financières pour des projets environnementaux et en intégrant des clauses de bail vert.

Les principales réalisations incluent :

  • Identification des 20 propriétés les plus consommatrices de ressources
  • Mise en œuvre de deux projets d'amélioration environnementale via un programme d'incitation pour les locataires
  • Augmentation de 10% des baux ayant des exigences ESG
  • Évaluation de la réduction de l'énergie grâce aux rénovations d'éclairage LED
  • Amélioration du bien-être des employés et du développement professionnel
  • Augmentation des dons caritatifs
  • Renforcement des mesures de cybersécurité
  • Développement d'une Stratégie de Résilience du portefeuille face aux risques climatiques

Le rapport est conforme aux normes de l'Initiative de Reporting Global (GRI) et inclut des cadres comme le Task Force on Climate-related Financial Disclosures (TCFD). CareTrust REIT a reçu le statut Prime par l'ISS ESG dans leur Évaluation ESG d'Entreprise le 21 mars 2024.

CareTrust REIT hat seinen vierten jährlichen Bericht zur Unternehmensnachhaltigkeit veröffentlicht, der Fortschritte in den Bereichen Umwelt, Soziales und Unternehmensführung (ESG) hervorhebt. Das Unternehmen, das über Triple-Net-Master-Leasingverträge operiert, fördert nachhaltige Praktiken bei Drittfirmen, indem es finanzielle Anreize für Umweltprojekte bietet und grüne Mietklauseln integriert.

Wichtige Erfolge umfassen:

  • Identifizierung der 20 ressourcenintensivsten Immobilien
  • Durchführung von zwei Umweltverbesserungsprojekten über ein Anreizprogramm für Mieter
  • Erhöhung der Mietverträge mit ESG-Anforderungen um 10%
  • Bewertung der Energieeinsparung durch LED-Beleuchtungsnachrüstungen
  • Verbesserung des Wohlbefindens der Mitarbeiter und der beruflichen Entwicklung
  • Steigerung der Wohltätigkeit
  • Stärkung der Cybersicherheitsmaßnahmen
  • Entwicklung einer Resilienzstrategie für das Portfolio in Bezug auf klimabezogene Risiken

Der Bericht entspricht den Standards der Global Reporting Initiative (GRI) und umfasst Rahmenwerke wie die Task Force on Climate-related Financial Disclosures (TCFD). CareTrust REIT wurde am 21. März 2024 von ISS ESG mit dem Prime-Status in ihrer ESG-Unternehmensbewertung ausgezeichnet.

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SAN CLEMENTE, Calif.--(BUSINESS WIRE)-- CareTrust REIT, Inc. (NYSE: CTRE) today announced details of progress the company made toward its Environmental, Social, and Governance (ESG) initiatives in its fourth annual Corporate Sustainability report.

“The report highlights how CareTrust, through properties exclusively controlled and operated by tenants under triple-net master leases, promotes and supports sustainable practices among third-party operators by offering financial incentives for environmental projects, incorporating green lease clauses, engaging tenants on climate-related risks, and ensuring ESG regulatory compliance. Additionally, we report progress on newer priorities such as cybersecurity and employee well-being, focusing on protecting the integrity of our information and supporting the stakeholders who contribute to CareTrust’s success.

“This report stands as a testament to our commitment to accountability and transparency, emphasizing our advancements in several key areas,” said Dave Sedgwick, President and CEO of CareTrust REIT.

Key report highlights include:

  • Pinpointed the top 20 most resource-intensive properties and began communication with relevant operators, offering tailored improvement solutions and supportive resources.
  • Identified properties subject to emerging jurisdiction building performance standards to ensure compliance readiness.
  • Successfully implemented two environmental improvement projects through our tenant incentive program in 2023.
  • Increased leases with ESG requirements by 10%.
  • Assessed energy reduction from LED lighting retrofits across three properties with data tracking.
  • Distributed our Annual Employee Survey to ensure employee voices are heard and valued.
  • Maintained investment in ongoing learning and professional development.
  • Utilized a leadership tool through a reputable firm to conduct monthly wellness assessments of employees.
  • Significantly boosted our charitable giving, positively impacting community programs and initiatives.
  • Sustained engagement with a reputable cybersecurity firm to safeguard the confidentiality and integrity of our information.
  • Formulated a portfolio Resilience Strategy to identify and manage physical climate related risks, enhancing the resilience of our properties.
  • Continued alignment of our CS Report with the Global Reporting Initiative (GRI) standards, providing stakeholders with comprehensive insights into our ESG performance.
  • Awarded Prime status by ISS ESG in their ESG Corporate Rating on March 21, 2024.

“By tracking, educating, and incentivizing tenants, we support sustainable and financially responsible decisions. Despite the unique constraints of the triple-net lease structure, CareTrust continues to make meaningful ESG progress," Sedgwick concluded.

This report includes our alignment with globally recognized sustainability frameworks such as the Task Force on Climate-related Financial Disclosures (TCFD) and the Global Reporting Initiative (GRI). The report and additional policies, disclosures and information about the Company’s ESG initiatives are organized in the investors section at caretrustreit.com.

About CareTrust REIT, Inc.

CareTrust REIT, Inc. is a self-administered, publicly traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. More information about CareTrust REIT is available at www.caretrustreit.com.

CareTrust REIT, Inc.

(949) 542-3130

https://www.caretrustreit.com/contact/

Source: CareTrust REIT, Inc.

FAQ

What ESG initiatives has CareTrust REIT (CTRE) implemented in its latest sustainability report?

CareTrust REIT has implemented several ESG initiatives, including identifying resource-intensive properties, offering financial incentives for environmental projects, increasing leases with ESG requirements by 10%, assessing energy reduction from LED retrofits, enhancing employee well-being, boosting charitable giving, and developing a portfolio Resilience Strategy for climate-related risks.

How does CareTrust REIT (CTRE) promote sustainable practices among its tenants?

CareTrust REIT promotes sustainable practices among tenants by offering financial incentives for environmental projects, incorporating green lease clauses, engaging tenants on climate-related risks, and ensuring ESG regulatory compliance. They also implemented two environmental improvement projects through their tenant incentive program in 2023.

What recognition did CareTrust REIT (CTRE) receive for its ESG efforts in 2024?

CareTrust REIT was awarded Prime status by ISS ESG in their ESG Corporate Rating on March 21, 2024, recognizing their efforts in environmental, social, and governance practices.

How has CareTrust REIT (CTRE) addressed employee well-being in its latest sustainability report?

CareTrust REIT has addressed employee well-being by distributing an Annual Employee Survey, maintaining investment in ongoing learning and professional development, and utilizing a leadership tool to conduct monthly wellness assessments of employees.

What sustainability frameworks does CareTrust REIT (CTRE) align with in its Corporate Sustainability report?

CareTrust REIT's Corporate Sustainability report aligns with globally recognized sustainability frameworks such as the Global Reporting Initiative (GRI) standards and the Task Force on Climate-related Financial Disclosures (TCFD).

CareTrust REIT, Inc

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