Kennedy Wilson Releases 2023 Environmental, Social, and Governance (ESG) Report

Rhea-AI Summary

Kennedy Wilson (NYSE:KW), a global real estate investment company, has released its 2023 Environmental, Social, and Governance (ESG) Report. The report, now in its sixth iteration, highlights the company's efforts to strengthen its ESG program and deliver long-term value across its portfolio and to stakeholders.

Key points from the report include:

• Recognition in Newsweek's Excellence 1000 Index for commitment to business growth and social responsibility
• Focus on strengthening ESG infrastructure and reducing environmental footprint
• Initiatives aimed at reducing operational costs, managing climate risk, and lowering carbon footprint

The digital ESG Report is available at esg.kennedywilson.com, with a downloadable PDF version also accessible.

BEVERLY HILLS, Calif.--(BUSINESS WIRE)-- Global real estate investment company Kennedy Wilson (NYSE:KW) has released its 2023 Environmental, Social, and Governance (ESG) Report. The report underscores Kennedy Wilson’s efforts to strengthen the foundations of the company’s ESG program focused on delivering long-term social, environmental, and economic value across the portfolio and to key stakeholders.

“The sixth iteration of the annual report outlines a practical and thoughtful ESG program uniquely tailored to Kennedy Wilson’s business model, with the flexibility and transparency to meet the needs of our many stakeholders,” said William McMorrow, Chairman and CEO of Kennedy Wilson. “I am pleased with the continued progress in our ESG journey, and incredibly proud of our humble and talented teams for working to deliver value to our shareholders and partners while doing what is right for our communities and for the environment.”

As discussed in the 2023 report, Kennedy Wilson continues to enhance its ESG leadership, and as a testament to the collective focus on corporate social responsibility, the company was recognized in Newsweek’s Excellence 1000 Index, which highlights organizations that display a commitment to business and financial growth as well as broader contributions to social responsibility and sustainability.

“2023 was another year of strong progress in our ESG program as we continued to focus on our goals of strengthening our ESG infrastructure while making an immediate impact on reducing Kennedy Wilson’s current environmental footprint,” said Peter Collins, Global Sustainability Officer of Kennedy Wilson. “As the importance of climate resilience continues to move up the agenda, we look forward to advancing our initiatives that we expect will reduce operational costs, help our teams manage climate risk, lower our carbon footprint, and add value to our global portfolio.”

Kennedy Wilson’s digital ESG Report is available at esg.kennedywilson.com, and a downloadable PDF of the report is available here.

About Kennedy Wilson

Kennedy Wilson (NYSE: KW) is a leading real estate investment company with over $27 billion of assets under management in high growth markets across the United States, the UK and Ireland. Drawing on decades of experience, our relationship-oriented team excels at identifying opportunities and building value through market cycles, closing more than $50 billion in total transactions across the property spectrum since going public in 2009. Kennedy Wilson owns, operates, and builds real estate within our high-quality, core real estate portfolio and through our investment management platform, where we target opportunistic equity and debt investments alongside our partners. For further information, please visit www.kennedywilson.com.

Special Note Regarding Forward-Looking Statements

Statements in this press release that are not historical facts are “forward-looking statements” within the meaning of U.S. federal securities laws. These forward-looking statements are estimates that reflect our management’s current expectations, are based on our current estimates, expectations, forecasts, projections and assumptions that may prove to be inaccurate and involve known and unknown risks. Accordingly, our actual results, performance or achievement, or industry results, may differ materially and adversely from the results, performance or achievement, or industry results, expressed or implied by these forward-looking statements, including for reasons that are beyond our control. Some of the forward-looking statements may be identified by words like “believes,” “expects,” “anticipates,” “estimates,” “plans,” “intends,” “projects,” “indicates,” “could,” “may” and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. We assume no duty to update the forward-looking statements, except as may be required by law.

KW-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20240730206746/en/

Investors

Daven Bhavsar, CFA

Vice President of Investor Relations

+1 (310) 887-3431

dbhavsar@kennedywilson.com

Media

Emily Heidt

Vice President, Communications

+1 (310) 887-3499

eheidt@kennedywilson.com

Source: Kennedy Wilson

FAQ

What did Kennedy Wilson (KW) release in 2023 regarding ESG?

Kennedy Wilson (KW) released its 2023 Environmental, Social, and Governance (ESG) Report, which outlines the company's efforts to strengthen its ESG program and deliver long-term value to stakeholders.

How was Kennedy Wilson (KW) recognized for its ESG efforts in 2023?

Kennedy Wilson (KW) was recognized in Newsweek's Excellence 1000 Index, which highlights organizations committed to business growth, social responsibility, and sustainability.

What are the main focus areas of Kennedy Wilson's (KW) 2023 ESG report?

The main focus areas of Kennedy Wilson's (KW) 2023 ESG report include strengthening ESG infrastructure, reducing environmental footprint, managing climate risk, and adding value to the global portfolio.

Where can investors find Kennedy Wilson's (KW) 2023 ESG report?

Investors can find Kennedy Wilson's (KW) 2023 ESG report on the company's website at esg.kennedywilson.com, with a downloadable PDF version also available.