a Blackstone portfolio company
a Blackstone portfolio company
a Blackstone portfolio company
a Blackstone portfolio company
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.
Our goal is to leave our people and places better than when we found them. That’s what good neighbors do. We partner with our residents, utilities, and local jurisdiction to implement solutions that create sustainable value and improve our greater communities. We are focused on reducing our overall carbon footprint and helping residents to do the same. Our focus extends beyond our energy efficiency programming and into opportunities to further decarbonize our communities. This includes the expansion of our onsite solar program and offerings to residents, already one of the largest in the multifamily industry at 9.2MW of installed capacity (enough to generate electricity for ~2,800 homes).
We are also enhancing our communities by scaling deployment of EV charging solutions in key markets to meet resident demands and market expectations. We are focused on reducing our reliance on local water sources, both through improved irrigation and landscaping practices and the adoption of high performance, low-flow fixture standards. We are scaling the installation of a smart valve technology that will help further reduce our whole building water consumptions and are looking to increase our focus on smart irrigation and leak detections systems.
LivCor is proud to be one of the U.S. Environmental Protection Agency’s (EPA’s) ENERGY STAR®️ Partners of the Year. 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 benchmark, assess, and ultimately reduce the environmental footprint of our communities.