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Killam Apartment REIT Announces Release of 2022 ESG Report
Killam Apartment REIT Announces Release of 2022 ESG Report Canada NewsWire ...
About this update from Killam Apartment Reit
[{"type":"text","content":"\n \n \n \n Killam Apartment REIT Announces Release of 2022 ESG Report\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n HALIFAX, NS\n \n \n ,\n \n \n June 6, 2023\n \n \n /CNW/ - Killam Apartment REIT (TSX: KMP.UN) (\"Killam\" or the \"REIT\") is pleased to announce the release of its 2022 Environmental, Social, and Governance (\"ESG\") Report, providing an overview of\n \n Killam's\n \n ESG strategies, policies, and commitments, and highlighting the progress made.\n \n \n \"Our 2022 ESG report outlines our ESG initiatives, achievements, and long-term targets, demonstrating how we integrate sustainability into every aspect of our business\" noted\n \n Philip Fraser\n \n , President and CEO. \"We strive to create long-term value for Unitholders while making significant contributions to our communities and the environment.\"\n \n \n Highlights of\n \n Killam's\n \n 2022 ESG Report include:\n \n \n \n Invested\n \n $8.5 million\n \n in energy efficiency initiatives, which includes the completion of 12 solar photovoltaic panel installations, two geothermal systems, and 114 electric vehicle charging stations across 11 properties.\n \n \n \n \n Achieved a 2.7% reduction in like-for-like total greenhouse gas (GHG) emissions from 2020 baseline levels.\n \n \n \n \n Reduced GHG intensity ratio by 6.7% from 2020 baseline levels.\n \n \n \n \n Increased the number of apartment units with a long-term affordability commitment by 160 units, resulting in a 35% increase from 750 units at the end of 2020.\n \n \n \n \n Formed a corporate-level Climate Change Committee and conducted analysis on\n \n Killam's\n \n physical and transition risks and opportunities to better align with the TCFD framework.\n \n \n \n \n Approved a formal Board Diversity and Inclusion Policy in\n \n January 2023\n \n , which targets a minimum of 30% female Trustees and a commitment to ensuring racial, ethnic, or visible minority diversity on the Board by 2025-26.\n \n \n \n \n Killam's\n \n 2022 ESG Report can be found by visiting our website at\n \n \n www.killamre...