Healthcare Realty Trust Releases Sixth Corporate Responsibility Report

Rhea-AI Summary

Healthcare Realty Trust (NYSE:HR) has released its sixth annual Corporate Responsibility Report, highlighting its 2023 ESG initiatives and achievements. The company received a GRESB 3 Green Star rating with a score of 75 and an 'A' in GRESB's Public Disclosure rating. Key accomplishments include:

- Achieving whole-building utility coverage for 71% of the portfolio
- Obtaining 28 new green building certifications
- Increasing board diversity to 42% women and/or racially diverse directors
- Setting new ESG goals for reductions in energy, water, and greenhouse gas emissions by 2032

The report aligns with TCFD and SASB standards, demonstrating Healthcare Realty's commitment to sustainability and transparency in its operations as a leading medical outpatient building REIT.

Positive

• Received GRESB 3 Green Star rating with a score of 75
• Achieved 'A' rating in GRESB's Public Disclosure, ranking second among 10 peer companies
• Accomplished 71% whole-building utility coverage for the portfolio
• Obtained 28 new green building certifications
• Increased board diversity to 42% women and/or racially diverse directors

Negative

• None.

NASHVILLE, Tenn., July 18, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today released its sixth annual Corporate Responsibility Report highlighting the Company’s 2023 environmental, social, and governance (ESG) initiatives and accomplishments. The report outlines the Company’s progress toward its stated key performance indicators, environmental performance, and disclosures that align with the Task Force on Climate-Related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB).  

Healthcare Realty’s 2023 ESG achievements include:  

• Awarded GRESB’s 3 Green Star rating, earning a score of 75 on its 2023 assessment 
• Received GRESB’s Public Disclosure rating of “A,” ranking second out of a peer group of 10 real estate companies for transparency in public reporting on sustainability practices 
• Accomplished goal of achieving whole-building utility coverage for 71% of the portfolio
• Achieved 28 new green building certifications
• Increased alignment with United Nations Sustainable Development Goals (SDGs)
• Established new ESG goals for reductions in energy, water, and greenhouse gas emissions by 2032, plus robust employee engagement, safety, and training initiatives
• Increased board diversity to 42% women and/or racially diverse directors in 2024
  

“I’m pleased with our progress toward integrating ESG initiatives throughout the portfolio, especially the effort to expand our data collection capabilities across the legacy HTA properties. As evidenced by our 2023 GRESB score, our ESG efforts are driving positive results. This year, we are focused on making substantive progress on our new ESG goals,” said Todd Meredith, Healthcare Realty’s President and Chief Executive Officer.  

Healthcare Realty’s 2023 Corporate Responsibility Report includes data for properties over which the Company held operational control, authority to exercise investment decisions, and for which whole-building utility data was available for all of 2022 and 2023. The report and additional information about the Company's ESG performance and policies can be found on its website at www.healthcarerealty.com/sustainability. 

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty’s portfolio includes nearly 700 properties totaling over 40 million square feet concentrated in 15 growth markets.

Ron Hubbard
Vice President, Investor Relations
P: 615.269.8290

Additional information regarding the Company can be found at www.healthcarerealty.com.

In addition to the historical information contained within, the matters discussed in this press release may contain forward-looking statements that involve risks and uncertainties. These risks are discussed in filings with the Securities and Exchange Commission by Healthcare Realty, including its Annual Report on Form 10-K for the year ended December 31, 2023 under the heading “Risk Factors,” and as updated in its Quarterly Reports on Form 10-Q filed thereafter and in the Company’s other SEC filings. Forward-looking statements represent the Company’s judgment as of the date of this release. The Company disclaims any obligation to update forward-looking statements.

FAQ

What ESG achievements did Healthcare Realty Trust (HR) report for 2023?

Healthcare Realty Trust (HR) reported several ESG achievements for 2023, including a GRESB 3 Green Star rating with a score of 75, an 'A' rating in GRESB's Public Disclosure, 71% whole-building utility coverage, 28 new green building certifications, and increased board diversity to 42% women and/or racially diverse directors.

What new ESG goals has Healthcare Realty Trust (HR) set for 2032?

Healthcare Realty Trust (HR) has set new ESG goals for 2032, focusing on reductions in energy, water, and greenhouse gas emissions. The company has also established robust employee engagement, safety, and training initiatives.

How many properties does Healthcare Realty Trust (HR) own as of July 2024?

As of July 2024, Healthcare Realty Trust (HR) owns nearly 700 properties totaling over 40 million square feet, primarily located around market-leading hospital campuses in 15 growth markets.

What sustainability standards does Healthcare Realty Trust's (HR) 2023 Corporate Responsibility Report align with?

Healthcare Realty Trust's (HR) 2023 Corporate Responsibility Report aligns with the Task Force on Climate-Related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) standards.