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ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES PUBLICATION OF 2021 ESG REPORT
ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES PUBLICATION OF 2021 ESG REPORT Can...
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[{"type":"text","content":"\n \n \n \n ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES PUBLICATION OF 2021 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 WINNIPEG, MB\n \n \n ,\n \n \n June 1, 2022\n \n \n /CNW/ - Artis Real Estate Investment Trust (\"Artis\" or the \"REIT\") (TSX: AX.UN) announced today that it has published its annual Environmental, Social and Governance (\"ESG\") Report, providing an update on the REIT's ESG practices, policies and objectives and highlighting the progress made in 2021.\n \n \n \n \n \n \n \n \n \n \"It has been just over one year since my appointment to Chief Executive Officer and the announcement of Artis' new vision and strategy: to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate,\" said\n \n Samir Manji\n \n , President and Chief Executive Officer of Artis. \"As part of this strategy, Artis is committed to making ESG a focal point and to establishing a company-wide ESG-minded culture. We are pleased to have this opportunity to highlight the progress we have made in all areas of our ESG program and the goals we have set for ourselves going forward.\"\n \n \n \n Select highlights from Artis' 2021 ESG Report include:\n \n \n \n \n approval of a new compensation framework for executive officers that outlines objectively measurable performance criteria for the awarding of short-term and long-term compensation;\n \n \n improvement of the claw-back policy and the unit ownership policy related to executive officers and adoption of a post-employment ownership guideline related to the Chief Executive Officer;\n \n \n diversification on the Board of Trustees, including 57% female representation and 29% Black, Indigenous and People of Colour representation;\n \n \n diversification throughout the organization, including 67% female representation in C-suite positions and 52% female representation across the company;\n \n \n adoption of improved Board Mandate, Committee Charters, Posi...