ST
PETERSBURG, Fla., July 31,
2024 /PRNewswire/ -- Stoneweg U.S., LLC ("Stoneweg
US"), a multifamily real estate investment and asset management
firm, is excited to unveil the 2023 Varia US Annual ESG Report (the
"2023 ESG Report"), a landmark publication highlighting the
company's significant yearlong advancements in ESG practices. As
the trusted asset manager for the Varia US Properties AG, a Swiss
publicly traded multifamily real estate fund (SIX Swiss Exchange
ticker: VARN) (“Varia US”) portfolio, Stoneweg US has been
instrumental in steering and enhancing Varia US' sustainable
practices while delivering exceptional results. This best-in-class
report positions Stoneweg US as a leader in multifamily
sustainability, setting a new benchmark for the industry and
demonstrating the substantial value these initiatives bring to
investors.
The 2023 ESG report demonstrates that
thoughtful, data-driven strategies can generate substantial value
and reduce risks
Patrick Richard, CEO of Stoneweg
US, commented: "Our 2023 ESG Report is an educational milestone,
providing full transparency on our sustainability efforts and
future targets. It not only provides practical solutions and
answers to the questions our investors and partners have but also
sets a new benchmark in the industry. We are proud to lead the way
in ESG, demonstrating that thoughtful, data-driven strategies can
generate substantial value and reduce risks."
With this year’s report, Stoneweg US’ unmatched data collection
has reached new heights. Comprehensive environmental performance
metrics for electricity, gas, water consumption, and waste
production are now available for the majority of properties owned
by Varia US. It is Stoneweg US’ largest managed portfolio,
primarily consisting of workforce housing, serving middle-income
American individuals and families who rent. This industry-leading
data collection aided in the construction of the report
highlighting the following:
- Setting New Goals: With 2023 established as the baseline
year, Varia US has set Science Based Targets and committed to
achieving Net Zero by 2050.
- Inaugural Carbon Footprint Analysis: The 2023 ESG Report
features the first comprehensive Carbon Footprint Analysis,
covering all major scope three emissions categories of the
multifamily apartment communities owned by Varia US and
managed by Stoneweg US.
- Emissions Reduction Plan: Stoneweg US also developed a
robust Emissions Reduction Plan for the future of the Varia US
portfolio, reflecting its proactive approach to managing
climate-related risks.
- Increasing Benchmarks: The 2023 ESG Report highlights
the second submission to GRESB, showing a 33% year-over-year
increase, scoring 83 points and a 4-star rating, underscoring the
company's dedication to continuous improvement.
- Continued Certifications: On behalf of Varia US,
Stoneweg US achieved four (4) Green Globes and 21 ENERGY STAR
Performance Certifications, furthering the commitment to energy
efficiency and sustainable building practices.
- Tenant and Employee Engagement: Stoneweg US' enhanced
tenant and employee engagement, including conducting satisfaction
surveys among residents and employees, helped gather valuable
feedback. This allows the company to continually refine its
practices and enhance stakeholder experiences.
Thomas Stanchak, Managing
Director of Sustainability at Stoneweg US, added: "This
report is a landmark
achievement for Stoneweg
US and Varia US. Our comprehensive
approach to data collection and analysis is unparalleled in the US
multifamily sector, setting a high standard for the industry. Our
ability to test and use the latest available technology helps us
push the limits of what we can do. We remain dedicated to
integrating ESG considerations into all aspects
of our business, continually enhancing the
value we provide to our investors."
The complete 2023
AnnualESG Report is available for download on the Stoneweg
US website at www.stoneweg.us/policies-and-reports/. For more
detailed information, including data, case studies, articles, and
more about Stoneweg US, please visit www.stoneweg.us
About Stoneweg U.S., LLC: Stoneweg US is a multifamily
real estate investment firm located in the heart of downtown
St. Petersburg, FL, with a
portfolio valuation of approximately $2
billion comprised of ~11,000 units. Focusing on asset
optimization through ESG, climate
resilience, and proven value-add strategies, the company invests
in and develops sustainable communities to drive healthy returns
and enhance the resident experience. For more information on
Stoneweg US, please visit www.stoneweg.us.
Contact: Tara Kassal
Ascent
917-406-2162
tkassal@brand-ascent.com
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SOURCE Stoneweg US, LLC