Performance with Positive Impacts: Morguard Releases 2023 ESG Report
Performance with Positive Impacts: Morguard Releases 2023 ESG Report |
[09-May-2024] |
Morguard maintains its commitment to reduce environmental impacts and support communities where we live and work. MISSISSAUGA, ON, May 9, 2024 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) today released its 2023 ESG Report prepared in accordance with the Global Reporting Initiative's Universal Standard. The report details our ongoing environmental, social and governance ("ESG") performance for owned and managed real estate assets, including commercial and multi suite residential, in Canada and the U.S. Throughout 2023, Morguard maintained its position as a sector leader in ESG practices, and purpose-driven performance is a top priority. To view the full 2023 ESG Report, visit morguard.com/sustainability. "Morguard remains dedicated to exploring sustainable real estate management, striving to make a meaningful impact in the communities we serve with achievable yet ambitious ESG goals," said K. Rai Sahi, Chairman and CEO, Morguard. "We will continue to leverage our past successes and adapt our strategies to enhance both impact and performance." Key highlights from the Morguard 2023 ESG Report include:
"As we continue our journey toward enhanced ESG performance and a sustainable future, we re-affirm our commitment to sustainable practices," said Beverley G. Flynn, Senior Vice President responsible for Legal, Risk and ESG. "We are grateful to our team, whose efforts have propelled our ESG performance forward. We will continuously reflect, renew, and innovate to enhance our sustainability." About Morguard Corporation Morguard Corporation is a major North American real estate and property management company. It has extensive retail, office, industrial, and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Morguard also provides real estate management services to institutional and other investors. Morguard's owned and managed portfolio of assets is valued at $17.8 billion. Please visit www.morguard.com or follow us on LinkedIn. SOURCE Morguard Corporation | ||
Company Codes: Toronto:MRC |