We are committed to making all of our communities high-performing, energy efficient haves with an ever-shrinking environmental footprint. To us, sustainability is more than just a buzzword—it’s the whole enchilada, the “why” of what we do. It’s our industry-leading, holistic approach that advances environmental, social, and financial performance all at the same time.
Yes, it’s about using resources responsibly, but it’s also about reducing risk, adding value to our communities, and most importantly, having a positive impact on the communities and residents we serve. By making our local and global home a better, cleaner, more resilient place, we all thrive. High fives all around.
Reducing energy, water, waste, and greenhouse gas emissions.
Creating an inclusive, equitable workplace and communities that are welcoming to all.
Doing what we say we’re going to do, and doing it the right way.
Being resource-conscious not only has a positive environmental impact but improves day-to-day living. Cleaner air + cleaner water + cleaner energy + lower bills = higher quality of life. That’s the kind of math we really enjoy.
How can we have a positive social impact while being profitable and sustainable? For us, it’s all about embracing diverse ideas, being equitable, and having an inclusive culture. Our humans’ and our residents’ health and wellness depend on a supportive environment that promotes caring and kindness. That fuels our success year after year.
Our governing principles positively impact our world, and they also make us accountable to our communities and partners. We keep ourselves honest and transparent with annual reporting in accordance with internationally recognized frameworks/standards, mapping out sustainable initiatives for the future, and creating an environment in which all people feel valued and empowered to be their best.
Sustainability is woven into our culture. It’s embedded in all of our business practices.
We put people first, which is why we focus on marking their homes as comfortable and energy efficient as possible. Over the course of 2020-2021, we invested over $13 million in LED lighting projects with sizable energy reductions, and by the first quarter of 2022, we will have converted 100 percent of the common area lighting within our portfolio to LED. We’re adopting data-driven energy management best practices and benchmarking through best-in-class strategic partners. In other words, #climategoals.
By 2025, we’ll be generating significant amounts of renewable energy—including the equivalent of 100 percent for common areas. Our renewable sources roadmap is unprecedented for the multifamily market—just another way we’re trend-setting (just don’t call us trendy).
We are working to eliminate the need for irrigation through pollinator-friendly native species planting and xeriscaping, with an increased focus on smart irrigation and leak detection. We are also adopting low-flow fixtures as our standard. Other Smart Home initiatives will give our residents better control and provide us with better reporting.
LivCor is proud to be an U.S. Environmental Protection Agency’s (EPA’s) ENERGY STAR® Partner. This alignment crystallizes our fundamental commitment to the environment through the continuous improvement in energy performance of our communities and operations. This partnership helps to establish the framework by which we will tackle our 15% GHG emissions of all new communities within 3 years of acquisition – at the core of the “E” in ESG.