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STORE Capital Publishes Annual Corporate Responsibility Report
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
STORE Capital Corporation (NYSE: STOR) has released its annual Corporate Responsibility Report, highlighting its commitment to sustainability and social governance. Key achievements include increased adoption of carbon-reducing solutions, enhanced diversity and inclusion initiatives, and improved board independence. The company has expanded its disclosure in alignment with Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) standards. STORE Capital aims to lead in corporate responsibility within the net-lease industry, focusing on employee experience and collaboration with customers on sustainability goals.
Positive
Increased customer adoption of carbon reducing sustainability solutions.
Substantial improvement in diversity and inclusion initiatives.
Strengthened independence and diversity of the Board of Directors.
Expanded disclosure related to GRI and SASB reporting standards.
Negative
None.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--
STORE Capital Corporation (NYSE: STOR, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced the publication of its annual Corporate Responsibility Report, which provides an overview of the Company’s commitment to sustainability, social responsibility and governance.
Highlights include:
Increased customer adoption of carbon reducing sustainability solutions
Substantial improvement in STORE’s diversity and inclusion initiatives
Strengthened independence and diversity of the Board of Directors
Expanded disclosure related to the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) reporting standards
“Over the past three years, we have made significant progress in our journey to become a more sustainable enterprise, and I am very proud that our entire organization is committed to making STORE Capital a corporate responsibility leader in the net-lease industry,” said Mary Fedewa, STORE Capital’s President and Chief Executive Officer. “We have made great strides in enriching our employee experience through a diverse and inclusive culture that offers opportunities for career and personal advancement. We also recognize our responsibility outside the four walls of our workplace and have collaborated diligently with our customers to help them achieve our mutual sustainability goals. We are excited to have you follow our progress on this journey and invite you to read our 2022 Corporate Responsibility Report.”
STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is a leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in more than 2,950 property locations across the United States, substantially all of which are profit centers. Additional information about STORE Capital can be found on its website at www.storecapital.com.
