Providing Better Communities To Call Home - Residents Commitments & Goals
Providing Better Communities To Call Home
Residents
Status Target
Increase residents' feedback through surveys.
Improve our residents' experience by offering events and desirable amenities.
Implement 100% paperless lease and work orders by 2020.
Develop and launch green programs focused on our residents.
Expand affordable apartment programs where financially feasible.
Actively participate in voluntary affordable apartment programs.
Providing Better Communities To Call Home - Community Commitments & Goals
Community
Status Target
Double charitable efforts by 2022 from 2016 levels.
Implement an in-kind charity donation match program with our associates of up to $500K.
Implement special discount programs that will provide up to 15% discount on rent to teachers, police officers, and firefighters to help them live and work within the same city.
Providing A Better Place To Work - Associates Commitment & Goals
Providing A Better Place To Work
Associates
Status Target
By 2019, increase the minimum wage of all associates to $15 per hour.
By 2020, over 75% of our on-site associates participate in the Steps to Success career development program.
Continue our commitment to associates' charitable organizations and support their volunteer activities.
Continue our commitment to training and development programs and continue to attract, cultivate, and retain a diverse workforce.
Support the formation of additional employee-led affinity groups that align with the purpose of the Diversity, Equity, and Inclusion Charter, by establishing guidelines to inform associates as to how to establish such groups.
By 2021, identify and enhance recruitment pool by region, adding a minimum of two additional sources of diverse candidate pools.
Maintain an above average Associate Engagement Score with a focus on workplace health and safety, fostering fair and equitable practices, and nurturing human capital through learning and development.
Providing A Better Environment - Direct Water Use Commitment & Goals
Providing A Better Environment
Direct Water Use
Status Target
Between 2016 and 2022, spend at least $6 million to complete water-reduction improvement projects.
By 2021, increase water usage efficiency by utilizing benchmarking solutions to monitor usage and track utility data.
Providing A Better Environment - Indirect Water Use Commitment & Goals
Indirect Water Use
Status Target
By 2020, formalize and implement green initiatives to promote awareness among residents and associates of water conservation programs.
By 2022, over 50% of our communities will have installed water-efficient plumbing fixtures, toilets, or leak detectors.
Providing A Better Environment - Energy Consumption Commitment & Goals
Energy Consumption
Status Target
By 2022, 10% of electricity usage within Essex's control will be from renewable sources.
By 2022, electricity consumption within Essex's control will be reduced by 10% of our 2016 levels.
Install energy-efficient lighting fixtures, smart thermostats, and other energy-saving devices for renovations and new development projects.
Providing A Better Environment - Sustainable Homes Commitment & Goals
Sustainable Homes
Status Target
Endeavor to achieve green building certifications on all new development projects.
Providing A Better Environment - Climate Change Commitment & Goals
Climate Change
Status Target
By 2025, reduce our Scope 1 & 2 GHG emission intensity by 9% of our 2019 levels.
By 2021, update our climate change risk assessment on asset-level physical risks and portfolio-wide transitional risks and opportunities.
Delivering Better Returns - Board Diversity Commitment & Goals
Delivering Better Returns
Board Diversity
Status Target
Increase board diversity to include three female directors by the end of 2021.
Comply with applicable California laws governing board diversity.
Goal Status:
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On track Icon on-track
New Track Icon new target
Covid-19 Icon delayed due to COVID-19