Sabra Publishes Fourth Annual Sustainability Report

Rhea-AI Summary

Sabra Health Care REIT (Nasdaq: SBRA) has released its fourth annual Sustainability Report for fiscal year 2023, highlighting its commitment to environmental, social, and governance (ESG) initiatives. The report showcases Sabra's progress in areas such as environmental stewardship, diversity and inclusion, human capital management, and community service.

Key achievements include:

• Expanded utility data collection to 100% of managed portfolio
• Embedded E-Initiative awareness across asset management team
• Assembled resources to support Healthtech solutions
• Upheld commitment to diversity, equity, and inclusion

Sabra's CEO, Rick Matros, emphasized the alignment between business strategy and sustainability initiatives, stating that these efforts are important for creating long-term value for stakeholders.

TUSTIN, Calif.--(BUSINESS WIRE)-- Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today released its fourth annual Sustainability Report for the fiscal year 2023.

The report showcases our programs, policies and initiatives that support our ESG priorities of environmental stewardship; diversity, equity and inclusion; human capital management; protection of health, wellness and safety of our teammates; engagement and collaboration with our operators and tenants; cybersecurity; corporate governance; and community service. These principles are intrinsically tied to our objective to drive shareholder value by operating efficiently, sustainably and with our stakeholders’—investors, tenants, teammates and the communities in which we invest—best interests in mind.

“At Sabra, we’re committed to true alignment between our business strategy and our sustainability initiatives. These efforts matter to our stakeholders not only because they are the right thing to do but also because they’re an important part of how we create long-term value. The success we’ve achieved is a testament to our team’s shared sense of purpose and the strong relationships we’ve cultivated with tenants, operators, stockholders, community and industry,” said Rick Matros, Sabra’s Chief Executive Officer, President and Chair of the Board, and Lynne Katzmann, Corporate Responsibility and Governance Committee Chair.

In this report, the Company demonstrated its continued commitment to advancing sustainability within the organization and with our operators and tenants. Key achievements included:

• Expanded utility data collection to 100% of our managed portfolio (Scope 1 and 2), including year-over-year impacts from our E-Initiative and GHG emissions verification.
• Embedded our E-Initiative awareness and approach across all Sabra asset management team members and underscored portfolio energy efficiency and adaptive reuse initiatives.
• Assembled a team of internal and external resources to support Healthtech solutions that promote safer and healthier environments for our teammates and residents and improve outcomes and the patient experience.
• Upheld our commitment to diversity, equity and inclusion, including providing a collaborative culture and workplace and competitive compensation and benefits.

Sabra’s 2023 Sustainability Report is available on the Company’s website:

sabrahealth.com/about/corporate-sustainability

About Sabra

Sabra Health Care REIT, Inc., a Maryland corporation, operates as a self-administered, self-managed real estate investment trust (a "REIT") that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240729073967/en/

Investor and Media Inquiries: (888) 393-8248

or investorinquiries@sabrahealth.com.

Source: Sabra Health Care REIT, Inc.

FAQ

What are the main ESG priorities highlighted in Sabra's 2023 Sustainability Report?

Sabra's 2023 Sustainability Report highlights ESG priorities including environmental stewardship, diversity and inclusion, human capital management, health and safety, tenant engagement, cybersecurity, corporate governance, and community service.

How has Sabra (SBRA) expanded its utility data collection in 2023?

Sabra expanded its utility data collection to cover 100% of its managed portfolio, including Scope 1 and 2 emissions, and implemented year-over-year impact tracking from its E-Initiative and GHG emissions verification.

What initiatives has Sabra (SBRA) taken to promote healthier environments in 2023?

Sabra assembled a team of internal and external resources to support Healthtech solutions that promote safer and healthier environments for teammates and residents, aiming to improve outcomes and enhance the patient experience.

How is Sabra (SBRA) addressing diversity and inclusion in its 2023 report?

Sabra upheld its commitment to diversity, equity, and inclusion by providing a collaborative culture and workplace, as well as offering competitive compensation and benefits to its employees.

Where can investors find Sabra's 2023 Sustainability Report?

Investors can access Sabra's 2023 Sustainability Report on the company's website at sabrahealth.com/about/corporate-sustainability.