Corporate Responsibility
As a publicly traded real estate investment trust, we set high standards in regards to our corporate responsibility initiatives and performance.
OUR CORPORATE RESPONSIBILITY
PRIORITIES
We are dedicated to turning our values into action, continuously making progress on our commitments with transparency and accountability.
ENVIRONMENTAL SUSTAINABILITY
- Reducing scope 1 and 2 GHG emissions
- Energy efficiency
- Renewable energy
- Climate change resiliency
SOCIAL RESPONSIBILITY
- Equal opportunity and belonging
- Philanthropic giving and community service
- Employee satisfaction, engagement, advancement and wellness
INTEGRITY IN GOVERNANCE
- Strong governance, ethics and stewardship policies
- Board governance of corporate responsibility
- Third-party assurance of environmental performance data
Corporate Responsibility Goals
Environmental Sustainability Goals
Progress (as of 12/31/2024)
Achieve a Scope 1 and 2 GHG emissions Like-For-Like (“LFL”) reduction of 20% by the end of 2024 (2019 baseline).
41% LFL reduction in buildings owned 2019-2024.
Achieve a 46% absolute reduction by 2030 (from a 2019 baseline) in line with the goals of the Paris Agreement.
26% absolute reduction since 2019.
Procure renewable energy for 50% of electricity used in landlord-controlled common areas in deregulated markets and maintain on an annual basis.
54% of electricity consumed in common areas in 2024 was from renewable sources.
Upgrade to LEDs and smart lighting controls at substantially all assets with landlord-controlled parking lot lighting by the end of 2022.
100% completed at assets that we owned as of 2020.
Install smart irrigation controls or replace irrigation with xeriscaping at substantially all assets with landlord-controlled irrigation by the end of 2022.
100% completed at assets that we owned as of 2020.
Social Responsibility Goals
Progress (as of 12/31/2024)
Acadia supports the United Nations Sustainable Development Goals (UN SDGs).
Environmental Sustainability
Social Responsibility
Integrity In Governance
Engage with our communities through philanthropic giving and community service.
We donated to a local school in need in every community in which we acquired properties since 2022 and hosted 40+ community events at our properties in 2024.
Achieved in 2024
Enhance employee satisfaction, engagement and wellness through an annual program assessment, and promote employee advancement.
Certified as A Great Place To Work every year since 2020.
Achieved in 2024