Medical Properties Trust Publishes Its Third Annual Corporate Responsibility Report

Rhea-AI Summary

Medical Properties Trust (MPT) has released its third annual Corporate Responsibility Report, showcasing efforts in environmental sustainability, social responsibility, and corporate governance. Key achievements include increased green lease provisions, expanded tenant emissions reporting, completion of CDP’s Climate Change Questionnaire, and a physical climate risk analysis for their real estate portfolio. MPT has also improved human capital disclosures and maintained charitable giving initiatives. Recognitions include being listed as one of 2024’s Best Places to Work, America’s Most Responsible Companies, and America’s Greenest Companies by Newsweek, along with receiving a “Gold” certification from Green Lease Leaders.

Positive

• Increased coverage of green lease provisions in existing leases.
• Expanded collection and reporting of tenant emissions.
• Completion of CDP’s Climate Change Questionnaire for the second year in a row.
• Conducted a physical climate risk analysis for the entire real estate portfolio.
• Increased disclosure on human capital metrics.
• Maintained impactful charitable giving focus for 2023.
• Listed as one of 2024’s Best Places to Work by Modern Healthcare.
• Included in 2024’s America’s Most Responsible Companies list by Newsweek.
• Included in 2024’s America’s Greenest Companies list by Newsweek.
• Received a “Gold” certification from Green Lease Leaders.

Negative

• High focus on ESG factors may divert attention from core business operations.
• Increased reporting and compliance may incur additional operational costs.
• Potential risks identified in the physical climate risk analysis may affect future asset valuations.

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has published its third annual Corporate Responsibility Report. The 2024 Corporate Responsibility Report (“CRR”) offers a comprehensive view of actions MPT is taking to advance its environmental sustainability, social responsibility and corporate governance priorities. The CRR Report is located in the Responsibility section of the Company’s website www.medicalpropertiestrust.com.

Edward K. Aldag, Jr., Chairman, President and Chief Executive Officer said, “Corporate responsibility has long been a vital component of MPT’s corporate culture and long-term value proposition. We are excited to share our 3^rd annual Corporate Responsibility Report outlining various initiatives we are undertaking to make a positive difference in the communities we serve.”

MPT’s recent achievements and recognitions include:

• Increased coverage of green lease provisions in existing leases.
• Expanded collection and reporting of tenant emissions.
• Completed CDP’s Climate Change Questionnaire for the second year in a row.
• Conducted a physical climate risk analysis for our entire real estate portfolio.
• Increased disclosure on human capital metrics.
• Maintained an impactful charitable giving focus for 2023.
• 2024 “Best Places To Work” by Modern Healthcare.
• 2024 “America’s Most Responsible Companies” List by Newsweek.
• 2024 “America’s Greenest Companies” List by Newsweek.
• 2024 “Gold” Certification by Green Lease Leaders.

The CRR report was prepared with reference to disclosure guidance provided by the Task Force on Climate-Related Financial Disclosures (TCFD) and Sustainability Accounting Standard Board (SASB).

About Medical Properties Trust, Inc.

Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world’s largest owners of hospital real estate with 436 facilities and approximately 43,000 licensed beds in nine countries and across three continents as of March 31, 2024. MPT’s financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations. For more information, please visit the Company’s website at www.medicalpropertiestrust.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240531476714/en/

Drew Babin, CFA, CMA

Senior Managing Director of Corporate Communications

Medical Properties Trust, Inc.

(646) 884-9809

dbabin@medicalpropertiestrust.com

Source: Medical Properties Trust, Inc.

FAQ

What is the recent achievement of Medical Properties Trust in green lease provisions?

Medical Properties Trust has increased coverage of green lease provisions in its existing leases.

How is Medical Properties Trust addressing tenant emissions?

Medical Properties Trust has expanded the collection and reporting of tenant emissions.

What climate-related initiative did Medical Properties Trust complete for the second consecutive year?

Medical Properties Trust completed CDP’s Climate Change Questionnaire for the second consecutive year.

What type of analysis did Medical Properties Trust conduct on its real estate portfolio?

Medical Properties Trust conducted a physical climate risk analysis for its entire real estate portfolio.

What recognitions did Medical Properties Trust receive in 2024?

Medical Properties Trust was recognized as one of 2024’s Best Places to Work, America’s Most Responsible Companies, and America’s Greenest Companies by Newsweek.

What certification did Medical Properties Trust receive from Green Lease Leaders?

Medical Properties Trust received a 'Gold' certification from Green Lease Leaders.