CAPREIT announces Release of 2025 ESG Report
PRESS RELEASE
For Immediate Release
CAPREIT announces Release of 2025 ESG Report
TORONTO, May 30, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) is pleased to announce the release of its sixth annual Environmental, Social, and Governance (“ESG”) Report, providing an overview of its ESG strategies, policies, and commitments, and outlining the progress made in 2024.5
Highlights from CAPREIT’s 2025 ESG Report include:
- Recognized as one of Canada’s Best Employers in 2025 by Mercer;
- Ranked 12th overall in The Globe and Mail’s Board Games with a score of 95/100, reflecting strong governance practices;
- Transferred $113 million in properties to non-profit organizations and affordable housing programs to help preserve long-term affordability;
- Invested nearly $30 million in energy-saving, resiliency, and decarbonization initiatives across the portfolio;
- Achieved a 9% reduction in per-suite energy use intensity compared to 2019;
- Donated over $500,000 to charitable initiatives through CAPGiving, supporting communities across Canada;
- Achieved a 7.3/10 resident satisfaction score, reflecting continued focus on resident experience;
- Advanced employee engagement and development through enhanced benefits, expanded mental health coverage, and new training and leadership programs; and
- Conducted a physical climate-related risk scenario analysis to assess exposure to climate hazards and inform long-term planning and adaptation efforts.
“Our 2025 ESG Report highlights the meaningful steps we’re taking to strengthen our portfolio, support our residents and communities, and embed sustainability considerations into how we operate,” said Mark Kenney, President and Chief Executive Officer. “This year, we advanced key initiatives to improve energy-efficiency, expanded our contributions to affordable housing through strategic partnerships, and continued to invest in our people to foster a culture of engagement and excellence. We’ve also enhanced our approach to assessing climate-related risks, reinforcing our focus on long-term resilience. Together, these efforts position us to deliver lasting value for our investors while contributing positively to the communities we serve. We encourage stakeholders to review our 2025 ESG Report to learn more about our progress and ongoing commitments.”
Find out more about the progress CAPREIT’s made on its ESG program in the 2025 ESG Report, which can be found by visiting the CAPREIT website at www.capreit.ca – click on “About Us” and follow the link to “Our ESG Story” at the top of the page
ABOUT CAPREIT
CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at March 31, 2025, CAPREIT owns approximately 46,800 residential apartment suites and townhomes that are well-located across Canada and the Netherlands, with a total fair value of approximately $14.9 billion. For more information about CAPREIT, its business and its investment highlights, please visit our website at www.capreit.ca and our public disclosures which can be found under our profile at www.sedarplus.ca.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
All statements in this press release that do not relate to historical facts constitute forward-looking statements. These statements represent CAPREIT’s intentions, plans, expectations and beliefs and are subject to certain risks and uncertainties that could result in actual results differing materially from these forward-looking statements. These risks and uncertainties are more fully described in regulatory filings that can be obtained on SEDAR+ at www.sedarplus.ca.
For more information, please contact:
CAPREIT
Mr. Mark Kenney
President & Chief Executive Officer
(416) 861-9404
CAPREIT
Mr. Stephen Co
Chief Financial Officer
(416) 306-3009
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