Sustainability

Sustainability

At Equity Residential, environmental, social and governance responsibilities are key drivers in our focus in creating the best apartment communities for people to live, work and play. We are proud to be a leader among our peers when it comes to sustainability, and plan to stay at the forefront of this expanding effort.


2020 Environmental, Social and Governance Report

We invite you to download our 2020 Environmental, Social and Governance Report, which provides an overview of our responsibilities
and the results we achieve.

ESG Data Download

Assurance Statements: 2019, 2018, 2017

Archived Reports: 2019, 2018, 2017, 2016, 2015

Sustainability requires an all-inclusive approach, addressing not only our relationship with the environment through a focus on resource conservation, waste reduction and energy efficiency, but also our impact to our communities, including relationships with our residents, employees and shareholders.

Equity Residential's ESG goals are to:

Environmental
Climate Strategy and Resiliency
  • 100% of stabilized assets have crisis response plans
  • 100% of properties will hold crisis response plan meetings bi-annually
  • Review and update Equity Residential’s Business Continuity Plan annually
  • Explore opportunities to integrate climate-related risks and opportunities in corporate reporting, aligning with Task Force for Climate-related Financial Disclosures (TCFD) recommendations
Sustainable Business
  • Conduct a feasibility assessment of sustainable building measures for 100% of new development projects and acquisitions
  • Pursue LEED Gold certification for 100% of ground-up development projects
  • Pursue LEED Gold certification for Chicago Headquarters renovation
  • Install Smart Home Program at 12,500 units
  • Include biophilic design on development of all renovation projects
Energy, Water Trash and Emissions
  • Reduce energy consumption by 15% of our 2011 levels by 2021
  • Reduce water consumption by 10% by 2021
  • Increase resident awareness of water savings opportunities
  • Reduce greenhouse gas emissions by 25% by 2021
  • Enact new and innovative methods, technologies and procedures encouraging residents and employees to reduce waste and increase recycling rates
  • Evaluate setting public trash diversion target that exceeds the national multifamily residential average rate
Social
Diversity and Inclusion
  • Increase representation of females and people of color in leadership and mid-management roles
  • Develop more partnerships with organizations that can help us build our pipeline with diverse candidates
  • Present and consider a diverse slate of candidates for all mid-management and above positions
  • Hire Director of Diversity and Inclusion to execute newly formed diversity and inclusion strategy
  • Include Diversity and Inclusion senior leaders on Equity Residential’s ESG Steering Committee and Working Groups
  • Establish Executive Committee and Business Unit diversity and inclusion goals and initiatives
  • Equip leaders with resources and tools to develop inclusive leadership skills
  • Conduct business unit inclusivity checks
  • Identify and reduce unconscious bias or create solutions to avoid unconscious bias in talent processes (benefits, recruiting, recognition, promotions, performance, compensation, learning, etc.)
Talent Attraction, Engagement, and Retention
  • Help employees set and achieve financial, professional and personal wellbeing goals
  • Ensure an engaged and high-performing workforce with a culture that reflects brand and values
  • Develop leadership skills through learning programs and opportunities
  • Offer a comprehensive and competitive total rewards package
Resident Health, Wellbeing, and Satisfaction
  • Enable residents to thrive by integrating health and wellbeing programs to properties
  • Utilize technology and other innovative methods to foster relationships and community and improve resident retention
Governance
Business Ethics
  • Develop and publish a comprehensive Vendor Code of Conduct
  • Expand anti-harassment and anti-bullying training to all employees

Equity Residential Sustainability Property Certification

At Equity Residential, our sustainability program is helping to weave the triple bottom line throughout our business. From creating a healthy, effective work force that excels at customer care to aggressively reducing our carbon footprint, we are examining all avenues available to ascertain how sustainability can improve our company.

In an effort to ensure that sustainability opportunities are evaluated throughout our portfolio, we have developed a rating system that scores each property based on factors related to energy and water use, waste management, sustainability practices, health and wellness and other sustainable practices. Visit the criteria page for specific measures used to evaluate properties. Also visit the certified properties page that list properties that have achieved this certification.


Vendor Sustainability Policy

Sustainability and social responsibility is not only important for our company, but through our Vendor Sustainability Policy we aim to ensure that our vendors improve their social and environmental impact.