EPR Properties Publishes 2023 Corporate Responsibility Report

Rhea-AI Summary

EPR Properties (NYSE:EPR) has released its third annual Corporate Responsibility Report for 2023, highlighting its environmental, social, and governance (ESG) initiatives. The report aligns with reputable sustainability frameworks including TCFD, SASB Real Estate Standard, and UN SDGs. Key highlights include:

1. Conducted an inaugural Materiality Assessment with stakeholders
2. Initiated the EPR Impact Grant Program, supporting Veterans Community Project
3. Updated TCFD response and produced initial SASB and SDG reporting frameworks

CEO Greg Silvers emphasized the company's commitment to ESG excellence and its importance for long-term success and stakeholder value creation. The full report is available on EPR Properties' website.

Positive

• Published third annual Corporate Responsibility Report, demonstrating commitment to ESG initiatives
• Aligned reporting with reputable sustainability frameworks (TCFD, SASB, UN SDGs)
• Conducted inaugural Materiality Assessment to engage stakeholders on ESG topics
• Initiated EPR Impact Grant Program, supporting community projects

Negative

• None.

KANSAS CITY, Mo.--(BUSINESS WIRE)-- EPR Properties (NYSE:EPR) today announced that it published its third annual Corporate Responsibility Report, covering the Company’s environmental, social and governance (“ESG”) initiatives and achievements and progress in calendar year 2023. The report is aligned with reputable sustainability frameworks, including the Task Force on Climate-Related Financial Disclosures (“TCFD”), the Sustainability Accounting Standards Board (“SASB”) Real Estate Standard and the United Nations Sustainable Development Goals (“SDGs”).

“We are proud to announce the release of our latest Corporate Responsibility Report, which showcases our continued commitment to ESG excellence. The report highlights our significant accomplishments over the past year, including enhanced disclosure through expansion of our sustainability reporting frameworks,” stated Company CEO and Chairman Greg Silvers. “We believe that sustainable and responsible business practices are integral to our long-term success and value creation for our stakeholders.”

Key highlights from the 2023 Corporate Responsibility Report include:

• Conducted an inaugural Materiality Assessment which engaged key internal and external stakeholders on a variety of ESG topics and informed the development of the Materiality Matrix included in the report

• Initiated the EPR Impact Grant Program, which provided a one-time grant to the Veterans Community Project to make significant enhancements to their facilities

• Updated TCFD response and produced initial SASB and SDG reporting frameworks

The Company invites its stakeholders to review the report to learn more about our ongoing corporate responsibility efforts and ESG initiatives. The report is available on the Company’s website on the “Overview” page of the “Corporate Responsibility” section, or please visit https://eprkc.com/corporate-responsibility.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. We have total assets of approximately $5.7 billion (after accumulated depreciation of approximately $1.4 billion) across 44 states. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns. Further information is available at www.eprkc.com.

Forward-Looking Statements

With the exception of historical information, certain statements contained or incorporated by reference herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), such as those pertaining to our environmental, social and governance objectives, our reduction of emissions, water and waste, our recycling programs, our ability to obtain pertinent data from our tenants and borrowers, the cost of compliance with legal requirements and investor expectations relating to ESG and the impact of environmental and climate conditions on our results of operations and financial condition. The forward-looking statements presented herein are based on the Company’s current expectations. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of actual events. There is no assurance that the events or circumstances reflected in the forward-looking statements will occur. You can identify forward-looking statements by use of words such as “will be,” “intend,” “continue,” “believe,” “may,” “expect,” “hope,” “anticipate,” “goal,” “forecast,” “pipeline,” “estimates,” “offers,” “plans,” “objectives,” “would” or other similar expressions or other comparable terms or discussions of strategy, plans or intentions contained or incorporated by reference herein. Forward-looking statements necessarily are dependent on assumptions, data or methods that may be incorrect or imprecise. These forward-looking statements represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Many of the factors that will determine these items are beyond our ability to control or predict. For further discussion of these factors see “Item 1A. Risk Factors” in our most recent Annual Report on Form 10-K and, to the extent applicable, our Quarterly Reports on Form 10-Q.

For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date hereof or the date of any document incorporated by reference herein. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Except as required by law, we do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances after the date hereof.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240716733155/en/

EPR Properties

Brian Moriarty

Senior Vice President – Corporate Communications

brianm@eprkc.com | 816-472-1700

Source: EPR Properties

FAQ

What are the key highlights of EPR Properties' 2023 Corporate Responsibility Report?

The key highlights include conducting an inaugural Materiality Assessment, initiating the EPR Impact Grant Program, updating TCFD response, and producing initial SASB and SDG reporting frameworks.

How has EPR Properties (NYSE:EPR) enhanced its ESG reporting in 2023?

EPR Properties has enhanced its ESG reporting by aligning with reputable sustainability frameworks such as TCFD, SASB Real Estate Standard, and UN SDGs, and by expanding its disclosure through these frameworks.

What new initiative did EPR Properties launch to support community projects in 2023?

EPR Properties launched the EPR Impact Grant Program in 2023, which provided a one-time grant to the Veterans Community Project for significant facility enhancements.

Where can stakeholders access EPR Properties' 2023 Corporate Responsibility Report?

The report is available on EPR Properties' website on the 'Overview' page of the 'Corporate Responsibility' section, or at https://eprkc.com/corporate-responsibility.