OUR NET ZERO COMMITMENT
OUR NET ZERO COMMITMENT
Ventas is the first healthcare REIT to commit to net zero operational carbon emissions.
Our goal is to further position Ventas as a leader in energy and emissions reductions, adding to our long standing track record of energy efficiency and science-based emissions reduction target.
A commitment to be net zero by 2040
OUR NET ZERO OBJECTIVE
Decarbonization and long-term
shareholder value (SHV)
Our objective is to achieve decarbonization and long-term shareholder value through things like lowering energy and maintenance costs, improving air quality and occupant comfort, enhancing resident attraction and retention.
OUR NET ZERO STRATEGY
To reach net zero by 2040, we developed an innovative, bottom-up approach that included generating net zero roadmaps for all of the nearly 800 properties within Ventas's operational control. The roadmaps utilize three primary levers for achieving net zero carbon and our supporting goal of utilizing 100% renewable or zero-carbon electricity by 2035.
HOW WE DO IT
For each property within our operational control, we developed individual net zero property roadmaps using advanced machine lezarning and physics-based modeling that leveraged robust data we have collected for Scope 1 and 2 emissions. These roadmaps are intended to guide building operators through specific steps for each of the next 17 years and include estimated costs and operational cost savings from energy reduction.
Each property-specific roadmap is sequenced to achieve the optimal financial outcome from building improvements and energy cost savings, while enhancing the tenant and resident experience.
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