A Big Shoutout to the “Transparency Awards”!

As we gear up to finalize our analysis of this year’s disclosure documents ahead of next month’s “2024 Transparency Awards,” I recently came across the 2023 Welltower ESG report that mentions the Awards! The report acknowledges Welltower’s accomplishment of being recognized by Transparency Awards as a top three company in the real estate industry in two sections – in the “Letter from the CEO” and in the “ESG Leadership in 2023” sections as follows:

  • LETTER FROM THE CEO
    • We not only strive to meet our defined goals for environmental sustainability, social impact, and corporate governance, but also strive to vigilantly review these goals to measure performance and consistently raise the bar.
      • Our governance ethos is to lead with integrity, and our efforts have been validated by Green Street Advisors granting Welltower the #1 ranking for Corporate Governance among all US REITs and by Labrador awarding us the 2023 Transparency Award Top 3 in Real Estate. We believe that transparency in all we do is essential to our governance practices. Our ESG efforts continue to be overseen by our ESG Steering Committee, which consists of cross-functional leaders from across the organization, and the Nominating and Corporate Governance Committee of the Board of Directors. Both of these committees help support the continued evolution and evaluation of Welltower’s ESG program.
  • ESG LEADERSHIP IN 2023
    • Welltower demonstrates leadership throughout our industry year after year.
      • Labrador: 2023 Transparency Award Top 3 in Real Estate

Welltower also issued a press release that mentions the recognition. The release notes the company has been recognized for this honor for the second consecutive year under the “Noteworthy ESG Achievements in 2023” section.

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