Essex Property Trust Recognized in Newsweek’s 2022 List of Most Responsible Companies in America

Rhea-AI Summary

Essex Property Trust (NYSE:ESS) has been recognized on Newsweek’s list of America’s Most Responsible Companies 2022, advancing 201 positions from last year. The firm ranked 2^nd among multifamily REITs, 7^th in the Real Estate & Housing sector, and 105^th overall out of 500 companies. This recognition underscores Essex's ongoing commitment to corporate social responsibility amidst pandemic challenges. Detailed insights into the company's ESG efforts and achievements are available in their Corporate Social Responsibility Report.

Positive

• Ranked 2nd among multifamily REITs and 7th in the Real Estate & Housing industry.
• Improved 201 positions from the previous year on Newsweek's list.
• Recognition reflects commitment to corporate social responsibility amidst challenging conditions.

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• None.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Essex Property Trust, Inc. (NYSE:ESS) announced today that it has been named to Newsweek’s list of America’s Most Responsible Companies 2022, improving 201 spots from the prior year’s list. Essex ranked 2^nd among multifamily REITs, 7^th in the Real Estate & Housing industry and 105^th out of 500 companies. The full list of companies can be found at https://www.newsweek.com/americas-most-responsible-companies-2022.

“Amidst a challenging year in 2021 from continued pandemic-related disruption, our ongoing commitment to corporate social responsibility (“CSR”) remains at the core of our business as an essential provider of housing. We are honored to be recognized amongst a list of other great companies and are proud of the continued efforts that make Essex a leader in its industry,” commented Michael J. Schall, president and CEO of the Company.

Details of the Company’s ESG efforts, achievements, and ongoing goals can be found in our most recent Corporate Social Responsibility Report.

America’s Most Responsible Companies were selected based on publicly available key performance indicators derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports as well as an independent survey. The KPIs focused on company performance in the environmental, social, and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to 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 247 apartment communities comprising approximately 60,000 apartment homes with an additional 3 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/20211213005927/en/

Rylan Burns

Group Vice President of Private Equity & Finance

(650) 655-7800

rburns@essex.com

Source: Essex Property Trust, Inc.

FAQ

What is Essex Property Trust's ranking in Newsweek’s list of America’s Most Responsible Companies 2022?

Essex Property Trust ranks 105th out of 500 companies on Newsweek's list.

How much did Essex Property Trust improve in their ranking from the previous year?

Essex improved 201 positions from the previous year.

What position did Essex Property Trust achieve among multifamily REITs?

Essex ranked 2nd among multifamily REITs.

Where can I find more information about Essex Property Trust's corporate social responsibility efforts?

You can find more information in Essex Property Trust's Corporate Social Responsibility Report.

What are the key areas that determined Essex Property Trust's recognition on the responsible companies list?

Recognition was based on performance in environmental, social, and corporate governance areas, alongside independent surveys.