Essex Property Trust Publishes Third Annual Corporate Social Responsibility Report

Rhea-AI Summary

Essex Property Trust (NYSE:ESS) has released its 2020 Corporate Social Responsibility (CSR) Report, highlighting 27 years of ESG achievements. Key accomplishments include a zero percent gender pay gap and a strong response to the COVID-19 pandemic, emphasizing employee safety and support for residents in hardship. CEO Michael J. Schall acknowledged the team's efforts during an unprecedented year and the ongoing progress toward ESG goals. The report can be accessed on the company's website.

Positive

• Achievement of a zero percent gender pay gap.
• Proactive measures taken to support employees and residents during COVID-19.
• Continued progress towards ESG goals despite the pandemic.

Negative

• None.

Essex Property Trust, Inc. (NYSE:ESS) is pleased to publish its 2020 Corporate Social Responsibility (CSR) Report, recognizing the Company’s many Environmental, Social, and Governance (ESG) achievements over the past 27 years as a public company. This year’s CSR report also highlights the Company’s achievement of a zero percent gender pay gap and its multifaceted response to the COVID-19 pandemic, including protocols focused on employee safety and assistance to residents experiencing catastrophic hardship as a result of the pandemic.

“2020 was a year of extraordinary disruption due to the COVID-19 pandemic and I am proud of the Essex team’s relentless effort to assist our residents during these troubling times. I am pleased with our continued progress towards our ESG goals despite a challenging operating environment,” said Michael J. Schall, Essex’s President and CEO.

The 2020 report can be accessed on the internet at: www.essex.com; click on Investors and then Corporate Social Responsibility.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 244 apartment communities comprising approximately 60,000 apartment homes with an additional 5 properties in various stages of active development. Additional information about the Company can be found on the Company’s website at www.essex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210506006302/en/

FAQ

What does Essex Property Trust's 2020 CSR Report highlight?

The 2020 CSR Report highlights achievements in ESG, including a zero percent gender pay gap and COVID-19 response efforts.

How has Essex Property Trust responded to the COVID-19 pandemic?

Essex Property Trust implemented employee safety protocols and provided assistance to residents facing hardship due to the pandemic.

Who is the CEO of Essex Property Trust?

The CEO of Essex Property Trust is Michael J. Schall.

What is the significance of the zero percent gender pay gap announced by Essex?

The zero percent gender pay gap signifies Essex's commitment to pay equity and fair treatment in the workplace.

Where can I access Essex Property Trust's 2020 CSR Report?

The 2020 CSR Report can be accessed on Essex Property Trust's website under the Investors and Corporate Social Responsibility sections.