The RMR Group Highlights Environmental, Social and Governance Achievements in Annual Sustainability Report
April 21 2023 - 8:00AM
Business Wire
Achieves 34.7% Contraction in Greenhouse Gas
Emissions With 28.7% Power Usage and 15.1% Water Usage Reductions
Compared with 2019 Baseline Formally Adopts New Governance Policies
to Reflect Longtime Practices 25% Year-over-year Increase in
Properties Achieving LEED Certification Establishes Employee
Programs Investing in Underrepresented Groups
The RMR Group (Nasdaq: RMR) today announced the publication of
its 2022 Annual Sustainability Report, which outlines the
Environmental, Social and Governance (ESG) strategies, practices
and industry recognition of RMR and its clients, including Service
Properties Trust (Nasdaq: SVC), Diversified Healthcare Trust
(Nasdaq: DHC), Office Properties Income Trust (Nasdaq: OPI),
Industrial Logistics Properties Trust (Nasdaq: ILPT), Seven Hills
Realty Trust (Nasdaq: SEVN), TravelCenters of America Inc. (Nasdaq:
TA), AlerisLife Inc. (Private) and Sonesta International Hotels
Corporation (Private).
Throughout 2022, RMR continued to advance its sustainability
programs. Significant highlights made by the company over this past
year include:
- Progress towards RMR’s previously announced environmental
goals, measured from a 2019 baseline, including 34.7% reduction in
greenhouse gas emissions, a 28.3% reduction in energy consumption
and a 15.1% reduction in water consumption.
- Formal adoption of Employee Health and Wellness, Human Rights,
Philanthropy policies and Business Partners’ Codes of Conduct that
reinforce long held values and practices across RMR and its
clients.
- Expansion of building certifications including a 25%
year-over-year increase in the number of properties achieving LEED
certification and achievement of the first BOMA 360 Industrial
certification awarded in the State of Hawaii.
- Establishment of initiatives to source diverse talent such as
the Analyst Accelerator Internship Program, which offers candidates
from backgrounds underrepresented in real estate a full-time role
after successful completion of a summer internship, as well as The
RMR Group Veteran Team, which provides a forum for veteran
employees.
John Forester, Vice President, Energy and Sustainability, made
the following statement:
“Sustainability is central to RMR’s mission
of creating long term value. The accomplishments we highlight in
this report center on strengthening governance, environmental
performance and social impact, which are all tenets of our
commitment to sustainably managing real estate on behalf of our
clients. This long-term focus has been key to growing our company
into one of the nation’s leading alternative asset managers.”
RMR’s 2022 Sustainability Report is available on the Corporate
Sustainability section of its website.
About The RMR Group
The RMR Group is a leading U.S. alternative asset management
company, unique for its focus on commercial real estate (CRE) and
related businesses. RMR’s vertical integration is supported by
approximately 600 real estate professionals in more than 30 offices
nationwide who manage over $37 billion in assets under management
and leverage more than 35 years of institutional experience in
buying, selling, financing and operating CRE. RMR benefits from a
scalable platform, a deep and experienced management team and a
diversity of direct real estate strategies across its clients. RMR
is headquartered in Newton, MA and was founded in 1986. For more
information, please visit www.rmrgroup.com.
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Christopher Ranjitkar Vice President, Marketing & Corporate
Communications (617) 219-1473
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