{"id":739358,"date":"2023-03-13T06:33:29","date_gmt":"2023-03-13T10:33:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/"},"modified":"2023-03-13T06:33:29","modified_gmt":"2023-03-13T10:33:29","slug":"tricon-residential-releases-2022-esg-annual-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/","title":{"rendered":"Tricon Residential Releases 2022 ESG Annual Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwpagebreakafter { page-break-after: always }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Tricon Residential Releases 2022 ESG Annual Report<\/b><\/p>\n<p class=\"bwalignc\"><i>ESG Report Highlights Tricon\u2019s Success in Delivering on Our Promise of a People-First Culture, Outstanding Resident Experience and Environmental Sustainability<\/i><\/p>\n<p>TORONTO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTricon Residential Inc. (NYSE: TCN, TSX: TCN) (&#8220;Tricon&#8221; or the \u201cCompany\u201d), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, today released its annual Environmental, Social and Corporate Governance (\u201cESG\u201d) report. The report is a comprehensive review of the Company\u2019s progress towards its ESG commitments in five areas of focus: Our People, Our Residents, Our Impact, Our Governance, and Our Innovation. The Company also provided an update on its ESG ranking improvements for 2022.\n<\/p>\n<p>\n\u201cI am delighted to share our annual ESG report which highlights our commitment to sustainability and good corporate citizenship, and showcases meaningful progress across our ESG initiatives,\u201d said Gary Berman, Chief Executive Officer and President of Tricon. \u201cAs a people-first company, we firmly believe that our success is directly linked to the well-being of our employees and our 95,000+ single-family and multi-family rental residents. By taking care of our residents, enhancing access to high-quality housing, and addressing social and environmental issues, we are taking meaningful steps to positively impact the communities we serve.\u201d\n<\/p>\n<p>\nSome of Tricon\u2019s key accomplishments highlighted in the report include:\n<\/p>\n<p><b><i>Our People<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nAchieved 88% overall Great Place to Work\u00ae employee survey satisfaction score, an improvement of four percent year-over-year.\n<\/li>\n<li>\nRecognized by Best Workplaces\u00ae in Real Estate &amp; Property Development.\n<\/li>\n<\/ul>\n<p><b><i>Our Residents<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nPledged a first-of-its-kind resident Bill of Rights that promises our single-family rental residents a quality home with genuine, caring, and reliable service.\n<\/li>\n<li>\nLaunched Tricon Vantage, a market-leading suite of resources to help residents realize their financial goals and enhance their long-term economic stability. The core of the program is our long-standing practice of voluntary self-governing on renewal rents, whereby Tricon caps annual rent increases for existing residents at rates typically below market. Tricon Vantage also offers residents a down payment assistance program, a credit builder program, and a resident home purchasing program through which qualifying residents are given the first opportunity to buy their home should we elect to sell it.\n<\/li>\n<\/ul>\n<div class=\"bwpagebreakafter\" \/>\n<p><b><i>Our Impact<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nDeveloped and launched an industry-leading energy consumption model for our single-family rental portfolio, enabling Tricon to be proactive in reducing our resource consumption.\n<\/li>\n<li>\nInvested in approximately 55,000 ENERGY STAR\u00ae-rated appliances in our homes over four years, reflecting a $111 million investment and estimated energy consumption savings of 262,000 MWh compared to equivalent standard models.\n<\/li>\n<li>\nTargeting LEED Gold certification across 93% of the active Canadian multi-family development pipeline, representing over 3 million square feet of residential space.\n<\/li>\n<\/ul>\n<p><b><i>Our Governance<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nReached the Board of Directors gender diversity standards of the 30% Club Canada.\n<\/li>\n<\/ul>\n<p><b><i>Our Innovation<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nLaunched a proprietary Resident App to improve residents\u2019 everyday lives by allowing them to control their home\u2019s smart devices, submit maintenance requests, track work order progress, and receive real-time status notifications, all in one convenient mobile application.\n<\/li>\n<\/ul>\n<p><b><i>ESG Ranking Improvements<\/i><\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nImproved overall Global Real Estate Sustainability Benchmark (\u201cGRESB\u201d) rating by 24 percent relative to our inaugural 2021 performance.\n<\/li>\n<li>\nStrengthened Sustainalytics risk rating by 33 percent and upgraded MSCI ESG risk rating to A in 2022 from BBB in 2021.\n<\/li>\n<\/ul>\n<p>\nThe full 2022 ESG report, a summary digest version, and our 2022 ESG scorecard are available on Tricon\u2019s website at: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.triconresidential.com%2Fabout%2Fsustainability%2F&amp;esheet=53360441&amp;newsitemid=20230313005210&amp;lan=en-US&amp;anchor=www.triconresidential.com%2Fabout%2Fsustainability%2F&amp;index=1&amp;md5=eba95d8b6ed2233367c8ef52cdec4498\">www.triconresidential.com\/about\/sustainability\/<\/a>.\n<\/p>\n<p><b>About Tricon Residential Inc.<\/b><\/p>\n<p>\nTricon Residential Inc. (NYSE: TCN, TSX: TCN) is an owner and operator of a growing portfolio of approximately 36,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon\u2019s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life\u2019s potential. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.triconresidential.com&amp;esheet=53360441&amp;newsitemid=20230313005210&amp;lan=en-US&amp;anchor=www.triconresidential.com&amp;index=2&amp;md5=1ca0077c9a5f787491cbb14d1245e0a0\">www.triconresidential.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230313005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230313005210\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230313005210\/en\/<\/a><\/span><\/p>\n<p><b>Investors<br \/>\n<br \/><\/b><br \/>Wissam Francis<br \/>\n<br \/>EVP &amp; Chief Financial Officer<\/p>\n<p>Wojtek Nowak<br \/>\n<br \/>Managing Director, Capital Markets\n<\/p>\n<p>\nEmail: <a rel=\"nofollow\" href=\"mailto:investorsupport@triconresidential.com\">investorsupport@triconresidential.com<\/a><\/p>\n<p><b>Media<br \/>\n<br \/><\/b><br \/>Tara Tucker<br \/>\n<br \/>Vice President, Communications\n<\/p>\n<p>\nEmail: <a rel=\"nofollow\" href=\"mailto:mediarelations@triconresidential.com\">mediarelations@triconresidential.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Environmental, Social and Governance (ESG) Environment Residential Building &amp; Real Estate Sustainability Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230313005210\/en\/1471431\/3\/Tricon_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Tricon Residential Releases 2022 ESG Annual Report ESG Report Highlights Tricon\u2019s Success in Delivering on Our Promise of a People-First Culture, Outstanding Resident Experience and Environmental Sustainability TORONTO&#8211;(BUSINESS WIRE)&#8211; Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (&#8220;Tricon&#8221; or the \u201cCompany\u201d), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, today released its annual Environmental, Social and Corporate Governance (\u201cESG\u201d) report. The report is a comprehensive review of the Company\u2019s progress towards its ESG commitments in five areas of focus: Our People, Our Residents, Our Impact, Our Governance, and Our Innovation. The Company also provided an update on its ESG ranking improvements for 2022. \u201cI am delighted to share our annual &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tricon Residential Releases 2022 ESG Annual Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-739358","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tricon Residential Releases 2022 ESG Annual Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tricon Residential Releases 2022 ESG Annual Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Tricon Residential Releases 2022 ESG Annual Report ESG Report Highlights Tricon\u2019s Success in Delivering on Our Promise of a People-First Culture, Outstanding Resident Experience and Environmental Sustainability TORONTO&#8211;(BUSINESS WIRE)&#8211; Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (&#8220;Tricon&#8221; or the \u201cCompany\u201d), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, today released its annual Environmental, Social and Corporate Governance (\u201cESG\u201d) report. The report is a comprehensive review of the Company\u2019s progress towards its ESG commitments in five areas of focus: Our People, Our Residents, Our Impact, Our Governance, and Our Innovation. The Company also provided an update on its ESG ranking improvements for 2022. \u201cI am delighted to share our annual &hellip; Continue reading &quot;Tricon Residential Releases 2022 ESG Annual Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-13T10:33:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230313005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tricon-residential-releases-2022-esg-annual-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tricon-residential-releases-2022-esg-annual-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tricon Residential Releases 2022 ESG Annual Report\",\"datePublished\":\"2023-03-13T10:33:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tricon-residential-releases-2022-esg-annual-report\\\/\"},\"wordCount\":750,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tricon-residential-releases-2022-esg-annual-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230313005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tricon-residential-releases-2022-esg-annual-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tricon-residential-releases-2022-esg-annual-report\\\/\",\"name\":\"Tricon Residential Releases 2022 ESG Annual Report - 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(NYSE: TCN, TSX: TCN) (&#8220;Tricon&#8221; or the \u201cCompany\u201d), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, today released its annual Environmental, Social and Corporate Governance (\u201cESG\u201d) report. The report is a comprehensive review of the Company\u2019s progress towards its ESG commitments in five areas of focus: Our People, Our Residents, Our Impact, Our Governance, and Our Innovation. The Company also provided an update on its ESG ranking improvements for 2022. \u201cI am delighted to share our annual &hellip; Continue reading \"Tricon Residential Releases 2022 ESG Annual Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/","og_site_name":"Market Newsdesk","article_published_time":"2023-03-13T10:33:29+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230313005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Tricon Residential Releases 2022 ESG Annual Report","datePublished":"2023-03-13T10:33:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/"},"wordCount":750,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230313005210r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/tricon-residential-releases-2022-esg-annual-report\/","name":"Tricon Residential Releases 2022 ESG Annual Report - 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