Our Commitment to ESG
At Essex, we understand the importance of Environmental, Social, and Governance (ESG) best practices, their impact on our business, and how they contribute to the organization's success. With better data and proven programs, we have expanded our ESG efforts across our portfolio, decreased our environmental footprint, and improved the lives of our residents and associates alike.
View our Current ESG Report |
Our ESG Approach
The goals of our environmental initiatives are twofold. First, we seek to improve building performance by increasing resident comfort while reducing operating costs and emissions. Second, we strive to minimize physical and transitional climate risks. Through this dual lens, we see opportunities to increase investor returns by strategically deploying proven technologies that leverage tax credits and other incentives.
At Essex, our social initiatives are driven by our engagement with our residents, associates, and the communities we serve. Our residents are at the core of our business, and our vision is to create great communities in which they live, work, and thrive. We are continually evaluating how we can improve resident satisfaction, which will help decrease turnover and increase our net operating income (NOI). One of the most impactful ways we improve resident satisfaction is through our associates.
We have built Essex on the foundational values of good governance, ethical behavior, risk management, and transparency. It begins with our Business Code of Conduct, in which all employees, from operations staff to executives, are held accountable. We bring these high standards when engaging with our stakeholders and Board of Directors and consider these values fundamental to our success and longevity.
Our Values
With our company values of Act With Integrity, Care About What Matters, Lead At Every Level, Do Right With Urgency, and Seek Fairness, we are focused on providing a positive workplace that celebrates employee engagement, learning and development opportunities, performance management, wellness and benefits, and diversity and inclusivity.
ESG Highlights
Decrease in Scope 1
and 2 GHG emissions
Increase in PV solar
Waste diversion rate
Board of Directors
are women
Gender Pay Parity
across Essex
Managerial positions
self-identify as diverse
AB1305: Essex does not purchase voluntary carbon offsets and Essex’s goals to reduce its Scope 1 and Scope 2 greenhouse gas emissions are not tied to the purchase of voluntary carbon offsets. Further information is included in our 2023 ESG Report.
United Nations Sustainable Development Goals (SDGs)
Aligning with the United Nations’ International Sustainable Development Goals (SDGs), our sustainable apartments and Corporate Social Responsibility strategy focus on reducing our environmental impact through solutions and technology surrounding energy efficiency, renewable energy generation, water conservation, and waste management. The result: sustainable living for our residents and a better planet for us all.
Essex Eco-Friendly Apartments
From native landscapes and renewable energy resources to EV charging stations and bike storage rooms, our Essex communities offer a variety of ways for residents to experience a sustainable lifestyle.
Awards & Affiliations
Join us in celebrating the awards bestowed upon us.