Sunset view from an urban rooftop garden with seating area and lush plants, city horizon in the background.

A Look at Greystar’s Sustainability Journey

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Written by Amy Fitzgerald
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Edited by Sarah Claire Eleazer
August 9, 2023

At Greystar, we prioritize our ESG strategy as a fundamental part of our identity, impacting how we operate as a trusted business partner, a great employer, and a meaningful member of the communities in which we operate. By integrating ESG principles into our core, we aim to foster sustainability, social well-being, and exemplary governance practices for a brighter, better future. 

 

Modern rooftop garden terrace with wooden flooring and urban skyline views.

 

 

Our Journey 

Cope Willis, Managing Director of Sustainability is leading Greystar’s ESG path forward as we prepare to publish our first annual ESG report this year.

 

“At Greystar, we are proud to be on our Environmental, Social, and Governance journey and excited to implement our ESG strategy further across our business to positively impact our residents, clients, and partners.”

- Cope Willis, Managing Director, Sustainability

 

Chic lobby area with tan leather sofas, patterned armchairs, and potted trees near floor-to-ceiling windows.
 

With ESG objectives outlined across each of our business lines – investment management, development and construction, and property management – we are planning to invest further in and enhance our global ESG program across strategy, people, investment process, technology, and reporting throughout the year.  

 

 

Our Strategy 

ESG at Greystar is a journey, and we are continuously moving forward. We continue to evolve our global ESG strategy as we thoughtfully approach our environmental, social, and governance goals:  

  •  Environmental Strategy: Our primary focus revolves around identifying opportunities to enhance the efficiency and resilience of        our assets. This approach includes addressing crucial aspects such as climate and carbon management, green building                      practices, and sustainable solutions for waste and water management. 

  •  Social Strategy: Equally essential to our mission is the promotion of positive impacts for our team members, residents, and the          communities we serve. To achieve this, our efforts are centered on fostering a people-centric culture, providing impact                    housing solutions, and ensuring the well-being of our residents.

  •   Governance Strategy: A fundamental aspect of our vision is governance. It stands as a strong pillar overseeing the                             implementation of best practices in governance and ESG reporting, while upholding professional standards and maintaining             transparency throughout our operations. 

 

Aerial view of a rooftop pool with surrounding garden beds and lounging areas next to a glass high-rise building.

 

Our Future 

As a leader in the real estate industry, we understand the significance of addressing the issues that matter most to our stakeholders. Our commitment to ESG principles drives us to continuously evolve and push boundaries, allowing us to meet the goals we have set for ourselves.   

At Greystar, ESG is not just a checkbox; it's at the core of who we are. As we move forward, we're committed to a future where responsible practices, social well-being, and environmental stewardship come together to create positive change. 

 
 

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Greystar recognizes the importance of environmental, social, and governance ("ESG") factors to its business and its stakeholders. Greystar's commitment to ESG is reflected in its sustainability goals, diversity and inclusion initiatives, and corporate governance practices. Greystar believes that ESG practices are integral to its long-term success and ability to create value for its investors, team members, clients, and communities. Greystar's ESG disclosures are based on its current understanding and assessment of ESG risks and opportunities. Such disclosures are intended to provide transparency into Greystar's ESG practices. Performance should not be considered a comprehensive statement of all ESG risks and opportunities related to business. Greystar's ESG practices may be changed or enhanced over time as business evolves.

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