Minto Apartment REIT Releases 2021 ESG Report and Announces 2022 GRESB Results

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[{"type":"text","content":"\n \n \n \n Minto Apartment REIT Releases 2021 ESG Report and Announces 2022 GRESB Results\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 OTTAWA, ON\n \n \n ,\n \n \n Oct. 24, 2022\n \n \n /CNW/ - Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (the \"REIT\") today announced the publication of its 2021 Environmental, Social and Governance (\"ESG\") Report (the \"Report\") as well as the results from the 2022 GRESB real estate assessment.\n \n \n The Report emphasizes that the REIT's mission to build better places to live includes taking responsibility for its actions and committing to do better.\n \n \n \"As conscientious leaders in a resource-intensive industry, we know that everything we do impacts the environment, our employees, and our communities,\" said\n \n Michael Waters\n \n , Chief Executive Officer of Minto Apartment REIT. \"As we look toward the future of the REIT, we continue to build on our ESG strategy and make progress in key areas including building business resilience, positively affecting our communities, reducing our environmental impact and creating a more diverse organization.\"\n \n \n Across all its operations and with stakeholders from employees to residents and partners, the REIT is implementing initiatives and setting targets to further its ESG objectives and goals.\n \n \n ESG highlights include:\n \n \n \n Energy and carbon performance: The REIT reduced energy consumption by 11% and carbon emissions by 13% compared to a 2019 baseline;\n \n \n Incentivized high ESG achievement: As a strategic priority, the REIT tied 50% of individual annual bonus compensation to performance against its ESG objectives;\n \n \n Affordable rental suites for seniors: In partnership with the\n \n City of Toronto\n \n , the REIT began construction on 100 affordable, thoughtfully designed apartments with many amenities to support the physical and mental well-being of seniors in its communities;\n \n \n The 2021 Diversity and Inclusion Survey: 41% of employees participated in this inaugural survey to help the ...

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