Shorenstein is a real estate company that has integrated sustainability into its core business strategy. This approach is seen as both a collective obligation and an opportunity to enhance investment performance and operational resilience. The company's commitment to sustainability is deeply influenced by the vision of former Chairman Doug Shorenstein.
The company's sustainability program is comprehensive, focusing on key areas such as environmental conservation, access to education, and healthcare. Shorenstein is dedicated to employing operational best practices and sets ambitious annual goals. Their performance is benchmarked against industry standards such as LEED and Energy Star.
Shorenstein's investment philosophy includes a strong emphasis on environmental, social, and corporate governance (ESG) considerations. They strive to be responsible investors and believe that effective ESG management can have a positive impact on financial performance. The company's ESG report is a testament to their commitment, showcasing initiatives like energy innovation and participation in the U.S. Department of Energy's Better Buildings program. Shorenstein also believes in the power of connections and emphasizes the importance of training employees in sustainability practices.