Avanath is amplifying ESG

At Avanath, we believe that environmental, social, and corporate governance (ESG) policies can positively affect and expand opportunities for our residents, our employees, the environment, and the communities we serve. Launched in 2020, +Amplify is Avanath’s comprehensive ESG framework for Environmental and Social Responsibility and guides our operations. It is the foundation of our commitment to continue a wide range of social programs for our residents, reduce the environmental impact of our assets, and deliver value to our investors. As a leader in the affordable housing industry, we believe prioritizing social equality, responsible investing, and a healthy environment supports greater prosperity for all.

READ OUR 2024-2025 ANNUAL ESG REPORT

What ESG Means to Us

our mission

We are committed to providing a lifestyle within reach to our residents, and sustainability is the foundation on which we make that promise. Our mission is to amplify our ESG impact for the shared benefit of our residents, our employees, our investors, our communities, and the environment.

Establishing the Framework

+Amplify is working to build upon the success of Avanath’s proven social commitments and programs to establish a best-in-class ESG framework that serves as a model for the affordable housing industry. By focusing and setting key targets, we plan to reduce our environmental impact, demonstrate our progress through robust ESG metrics, document our best practices, and continue to deliver affordable “Lifestyles within Reach” for our residents. Click on the ESG area below to learn more about our goals, our implementation approaches, and how they benefit our residents, employees, communities, and the world.

environmental

Avanath is committed to environmental stewardship and creating communities that are resource efficient.

governance

Avanath is integrating ESG considerations into every decision.

Building an ESG Program

Avanath is committed to becoming a model for the affordable housing industry. We are continually working to improve our efficiency, reduce our emissions, expand our data tracking, build on our social and employee training programs, and adopt best-in-class policies. Learn the overarching objectives of the +Amplify program:

Set robust ESG targets and expand ESG reporting to document performance

Reduce CO2 emissions by 50% by 2030 on a per bedroom intensity basis
Reach net zero by 2050

Incorporate ESG considerations throughout the lifecycle of our assets

View every investment with an ESG lens, beginning with acquisition, through day-to-day operations, and eventually to sale of the property

Lessen our environmental impact

Develop and implement property-level improvements that reduce operating expenses and increase returns on every incremental dollar spent

Increase data coverage for water, GHG emissions, energy, and waste

Utilize tools such as Yardi, Tableau, and ENERGY STAR® Portfolio Manager®
Conduct quarterly audits of energy, water, and waste

Earn Certification and awards in ESG

Obtain WELL certification for health and wellbeing
Acquire ENERGY STAR® certifications for our properties
Achieve the ENERGY STAR® Partner of the Year award annually

Maintain memberships & deliver on Commitments

Signatory of the United Nations Principles for Responsible Investment (PRI)
Member of California Organized Investment Network (COIN)
Partnership with ENERGY STAR®
Founding and active member of the Multifamily Impact Council (MIC)

Amplifying our esg impact in these critical areas

our communities

Where we seek to promote principles of social equality, diversity, and opportunity

our people

Whose hard work provides the basis for our success and enables opportunity for our residents

our investors

Who trust us to make knowledgeable investments in markets that are traditionally underserved by institutional capital

our environment

Avanath is committed to environmental stewardship and creating communities that are resource efficient

Global Real Estate Sustainability Benchmark

Avanath Affordable Housing Renaissance Fund, LLC

GRESB RATING

SCORES

2021

2022

2023

2024

2025

Avanath Affordable Housing Fund III, LLC

GRESB RATING

SCORES

2021

2022

2023

2024

2025

Avanath Affordable Housing Fund IV, LLC

GRESB RATING

SCORES

2021

2022

2023

2024

2025

On the Path to Sustainability

AVANATH’S ESG PROGRESS & ACHIEVEMENTS

We are already on our way to achieving our ESG goals. Avanath has:

Completed property-level risk mitigation efforts and
risk action plans for climate resilience
Earned a WELL Health-Safety Rating across our entire portfolio
(for the fourth year)
Named a Great Place to Work® Certified™ Company
Obtained solar energy at four properties and received lender approval for another 12
Improved overall resident satisfaction on the Kingsley Index
Engaged in water and energy efficiency technology partnerships to improve building performance
Maintained high performance and peer ranking in GRESB

PREA IMPACT AWARD

For the second year, Avanath’s Renaissance Fund was awarded the Social Impact Award from the Pension Real Estate Association (PREA), recognizing our commitment to providing residents with resources and support to improve their quality of life and unlock new opportunities