Ventas Unveils Comprehensive Sustainability Report for 2023

Ventas Releases Its Corporate Sustainability Report for 2023-2024

Ventas, Inc. (NYSE: VTR) is thrilled to announce the release of its 2023-2024 Corporate Sustainability Report (CSR). This essential document encompasses the company's endeavors toward environmental, social, and governance (ESG) initiatives, aimed at promoting the well-being of the growing aging population, ensuring they lead longer, healthier, and happier lives.

Importance of Sustainability in Today’s Landscape

In an era marked by unprecedented demographic shifts, the urgency of creating supportive environments for a significant aging population is paramount. According to Debra A. Cafaro, the Chairman and Chief Executive Officer of Ventas, the organization is dedicated to establishing exceptional settings that cater to the needs of seniors. The CSR emphasizes their strategic, data-driven approach, illustrating the commitment to sustainability across different dimensions of their business.

Key Priorities Outlined in the Report

Ventas's Corporate Sustainability Report highlights three core pillars that shape its sustainability priorities:

1. Enabling Sustainable Environments and Strong Communities

As a pioneer in corporate sustainability, Ventas has taken significant strides towards achieving net-zero operational carbon emissions by 2040. This goal showcases their commitment to reducing energy consumption and enhancing the quality of their properties, ensuring they remain resilient while attracting and retaining tenants and residents.

2. Engaging Exceptional People

Ventas recognizes that its success is powered by its people. The organization is dedicated to nurturing talent across various disciplines, ensuring that employees feel valued and empowered. By fostering a high-performing and inclusive culture, Ventas promotes collaboration and drives better business outcomes for all stakeholders.

3. Leading in Governance and Transparency

Effective governance forms the backbone of Ventas's strategic efforts. The company’s unwavering commitment to transparency and risk management cultivates trust among shareholders and stakeholders alike, creating a solid foundation for sustainable growth.

Recognition for Sustainability Achievements

Ventas continues to gain acknowledgment for its sustainability leadership through various accolades, reflecting its ongoing dedication to integrative practices:

• #1 listed healthcare REIT in GRESB global ESG assessment since 2017.
• ENERGY STAR Partner of the Year in Energy Management for four consecutive years.
• Maintains ISS ESG Prime Status for Corporate ESG performance since 2020.
• Ranked among 100 Top Corporate Citizens by 3BL for four consecutive years.
• Listed in America’s Most Responsible Companies by Newsweek for four consecutive years.
• Named a Top-Rated ESG Regional Company by Morningstar Sustainalytics for the second consecutive year.

Understanding the Report Structure

The Ventas Corporate Sustainability Report adheres to the Global Reporting Initiative (GRI) Sustainability Reporting Framework, ensuring comprehensive coverage of economic, environmental, and social impacts. The company also incorporates climate disclosures aligned with the Task Force on Climate-related Financial Disclosures (TCFD) and the United Nations’ Sustainable Development Goals (SDGs).

About Ventas

Ventas, Inc. (NYSE: VTR) stands at the forefront of the S&P 500 as a real estate investment trust dedicated to enriching the lives of the aging population. Operating approximately 1,350 properties across North America and the United Kingdom, Ventas plays a critical role in the longevity economy. The firm prides itself on its extensive portfolio, which includes over 800 senior housing communities and other medical and research facilities, all contributing to medically supportive environments for residents. Ventas leverages operational expertise and insights from its proprietary platform, Ventas OITM, to ensure quality service delivery, driven by a passionate team committed to elevating the quality of life for individuals.

Frequently Asked Questions

What does the 2023-2024 CSR by Ventas cover?

The report outlines Ventas's strategic initiatives in environmental sustainability, workforce engagement, and governance aimed at supporting an aging population.

What is Ventas's net-zero goal?

Ventas aims to achieve net-zero operational carbon emissions by 2040, focusing on reducing energy usage and operational costs.

How is Ventas recognized for its sustainability efforts?

Ventas has received several awards, including the #1 rank in healthcare REITs in the GRESB global ESG assessment and multiple recognitions as a responsible corporate citizen.

How does Ventas support its employees?

Ventas invests in its workforce by providing development opportunities, fostering an inclusive work culture, and recognizing individual contributions.

What is the significance of the GRI framework for Ventas?

The GRI framework enables Ventas to report on its sustainability impact, ensuring accountability and transparency regarding its ESG performance.

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