Healthpeak Properties Publishes Its 13th Annual Corporate Impact Report

Rhea-AI Summary

Healthpeak Properties announced its 13th annual Corporate Impact Report, formerly known as the ESG Report. The new name highlights a broader commitment to corporate responsibility and sustainability. Key points include a 10-Year Corporate Impact Plan focusing on decarbonization, reducing operating costs, and improving energy efficiencies. As of December 31, 2023, Healthpeak has reached 49% of its goal to cut greenhouse gas emissions by 15% by 2033, 34% of its goal to reduce energy use by 15% by 2030, and 68% of its goal to cut water consumption by 10% by 2030. Additionally, 36% of its portfolio has green building certification. The workforce is 57% female and 31% racially diverse. The report includes data post-merger with Physicians Realty Trust in March 2024 and aligns with various international sustainability standards and principles.

Positive

• Healthpeak has achieved 49% of its 15-year greenhouse gas reduction goal.
• 34% completion towards reducing energy consumption by 15% by 2030.
• 68% completion towards reducing water consumption by 10% by 2030.
• 36% of the portfolio has green building certification.
• 57% of the workforce is female and 31% is racially diverse.
• Received multiple recognitions including ENERGY STAR Partner of the Year and GRESB Green Star Rating.
• Aligned with UN Guiding Principles on Business and Human Rights.

Negative

• Still has significant progress to make towards energy and emissions reduction goals.
• The report's positive aspects might overshadow long-term challenges in achieving sustainability goals.
• Post-merger integration with Physicians Realty Trust could pose operational challenges.

DENVER--(BUSINESS WIRE)-- Healthpeak Properties, Inc. (“Healthpeak”) (NYSE: DOC) announced today that it has published its 13^th annual Corporate Impact Report (the “Report”), formerly called the ESG Report. The shift in the title of the Report reflects a more comprehensive approach to corporate responsibility and sustainability, underscoring Healthpeak’s commitment to, and broader impact on, stakeholders and communities beyond environmental, social, and governance factors.

The Report features details on Healthpeak’s new 10-Year Corporate Impact Plan, which focuses on decarbonization through corporate and property-level initiatives that will improve its return on investment, reduce operating costs, and promote energy efficiencies.

“The publication of our 13^th annual Corporate Impact Report reflects our dedication to advancing sustainability, transparency, and ethical business practices,” said Scott Brinker, Healthpeak’s President and Chief Executive Officer. “By setting and reporting on meaningful long-term goals, we continue to make significant strides in reducing the environmental footprint of our portfolio and positively impacting the communities we serve.”

The Report was prepared with reference to disclosure standards established by the Task Force on Climate-related Financial Disclosures (TCFD), Sustainability Accounting Standards Board (SASB), Global Reporting Initiatives (GRI), and United Nations Sustainable Development Goals (UN SDGs). The Report focuses on property performance within Healthpeak’s operational boundary owned as of December 31, 2023, and in certain instances, combined company data following Healthpeak’s merger with Physicians Realty Trust in March 2024.

Performance & Team Highlights

• 49% completion toward our 15-year goal to reduce greenhouse gas emissions in our operations by 15% by 2033
• 34% completion toward our 10-year goal to reduce energy consumption in our operations by 15% by 2030
• 68% completion toward our 10-year goal to reduce water consumption in our operations by 10% by 2030
• 36% of our portfolio has earned a green building certification (by total percentage on a combined company basis based on certified square footage as of December 31, 2023)
• 57% female and 31% racially-diverse workforce (as of May 1, 2024)
• Aligned with the United Nations (UN) Guiding Principles on Business and Human Rights and the UN Universal Declaration of Human Rights (UDHR) and a signatory to the UN Women’s Empowerment Principles

Recent Recognitions

• ENERGY STAR^® Partner of the Year (4 years) and Sustained Excellence winner (inaugural year)
• Green Lease Leader Platinum by the Institute for Market Transformation and the Department of Energy Better Buildings Alliance (inaugural year)
• GRESB Green Star Rating (12 consecutive years)
• Nareit Leader in the Light (10-time award recipient)
• Modern Healthcare Best Places to Work (3 consecutive years)
• Great Place to Work Certified (4 consecutive years)
• FTSE4Good index (12 consecutive years)
• CDP Leadership Band (11 consecutive years) – Score of A- (top 20%)
• S&P Global Dow Jones Sustainability N. America Index constituent (11 consecutive years) and World Index constituent (4 years)
• S&P Global Sustainability Yearbook member, recognizing companies in the top 15% of their industry (9 consecutive years)
• Fortune Best Workplaces in Real Estate™ (2 consecutive years)
• Bloomberg Gender-Equality Index (4 consecutive years)
• USA TODAY America’s Climate Leaders list (2 consecutive years)
• Best Proxy Statement Winner (Mid Cap Company) and Best ESG Reporting Finalist (Mid Cap Company) by IR Magazine and Governance Intelligence

The recognitions reflected above include those for both Healthpeak and Physicians Realty Trust.

To learn more and view the Report, please visit www.healthpeak.com/corporate-impact.

ABOUT HEALTHPEAK

Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery. For more information regarding Healthpeak, visit www.healthpeak.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240613597111/en/

Andrew Johns, CFA

Senior Vice President – Investor Relations 720-428-5400

Source: Healthpeak Properties, Inc.

FAQ

What is Healthpeak's new 10-Year Corporate Impact Plan?

Healthpeak's 10-Year Corporate Impact Plan focuses on decarbonization, reducing operating costs, and improving energy efficiencies.

How much progress has Healthpeak made in reducing greenhouse gas emissions?

As of December 31, 2023, Healthpeak has achieved 49% of its 15-year goal to reduce greenhouse gas emissions by 15%.

What percentage of Healthpeak's portfolio has green building certification?

36% of Healthpeak's portfolio has earned green building certification.

What workforce diversity statistics did Healthpeak report?

Healthpeak reported that its workforce is 57% female and 31% racially diverse as of May 1, 2024.

What recognitions has Healthpeak received?

Healthpeak received multiple recognitions including ENERGY STAR Partner of the Year, GRESB Green Star Rating, and being an S&P Global Dow Jones Sustainability Index constituent.

When did Healthpeak merge with Physicians Realty Trust?

Healthpeak merged with Physicians Realty Trust in March 2024.