A thoughtful and actionable
approach to ESG
Environmental, Social, and Governance (ESG) principles and practices have a positive impact on our investments and stakeholders, from our investors to our employees, residents and the communities in which we operate.
As we enter our second decade, we are focused on institutionalizing our founding ESG principles throughout our platform.
Don Mullen, Founder and
Chief Executive Officer
We approach new investments and existing assets with the following principles:
Regularly engage stakeholders: investors, employees, residents, communities, and policymakers
Assess material ESG factors across our strategies
Integrate ESG into investments, ownership, and business operations
Embrace the opportunity to be an ESG leader within our relevant industries
Routinely assess ESG strategy impact and drive continuous improvement
Direct resident engagement and data-driven, tech-enabled resident response systems
Economic impact of locally sourced renovations
Increasing access to neighbourhood quality
Affordable housing and access to communities of opportunity
Social support and standards of care
Collaborative community practices and partnerships
Green renovation standards:
Smart home deployment
Greenhouse gas (GHG) emissions targets and reporting
Environmental management system
Moving towards net zero
Robust governance frameworks including ESG and Diversity, Equity, and Inclusion (DEI)
Workplace DEI programs
ESG integrating into operations & investments
DEI benchmarking
GRESB ESG benchmarking
UN PRI signatory
Our ESG program is guided by our Founder and Chief Executive Officer, Don Mullen, who is responsible for setting our overall strategic direction. The ESG program is overseen and implemented by an ESG committee, which is composed of senior executives representing our various business units. We also have a dedicated ESG Senior Leader, Tatiana Gutierrez, who helps guide the strategy. Read our ESG Policy and Commitments, which were developed and adopted in 2022
In March 2022, Progress Residential, our leading single-family rental management services platform, partnered with Esusu to provide credit-building opportunities to our more than 85,000 homes representing over 250,000 residents. This is the first of its kind partnership bringing Esusu’s landmark credit-building platform to the single-family residential market.
By renovating existing housing stock and building new high-quality housing, we are providing durable homes for our residents and communities over the long-term. In addition, our homes minimize climate change effects by replacing outdated appliances and materials with energy efficient, water conserving, durable home components. As we continue to buy and build more homes, we will continue to invest in each one to ensure a sustainable future for our business, our stakeholders, and our world.
From 2013 to 2017, we partnered with Hudson Guild, a Manhattan-based community agency serving children from low-income families. Through our grant program, we were able to support Hudson Guild in establishing a solid financial foundation for the future.
The United States is facing a deficit of up to seven million homes. We are a leading source of private capital in responding to this housing crisis.
Committed to investing over $1.6 billion in new build-to-rent communities across the country
5,000 new homes planned in high-demand communities across several states
We are dedicated to providing well-maintained and affordable rental homes while being actively involved in our communities and supporting local municipalities and homeowners’ associations (HOAs).
Monitor frameworks to ensure comprehensive assessments
Capture and communicate ESG data for investors and stakeholders
