Ventas Earns Nareit 2024 Healthcare "Leader in the Light" Award

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Company also Receives Nareit’s Inaugural "Impact at Scale" Award for its Pioneering Decarbonization Strategy

CHICAGO, November 20, 2024--(BUSINESS WIRE)--Ventas, Inc. (NYSE: VTR) today announced that it has earned the 2024 Nareit "Leader in the Light" award for the Healthcare sector in recognition of its superior and longstanding sustainability practices. This is the eighth time Ventas has received this important recognition.

In addition, Ventas was recognized with Nareit’s inaugural "Impact at Scale" award for the Company’s innovative and scalable approach to decarbonization. As part of its commitment to achieving net zero operations, Ventas used machine learning and physics-based modeling to efficiently create property-specific decarbonization roadmaps for each of the more than 800 properties under the Company’s operational control. In 2022, Ventas became the first healthcare REIT to commit to net zero operational carbon emissions (Scopes 1 + 2), which it plans to achieve by 2040.

"We’re proud to be recognized for our steadfast commitment to sustainability and rigorous, data-driven approach to advancing goals that strengthen our business and drive value for residents, tenants, caregivers and shareholders," said Kelly Meissner, Ventas Vice President, Corporate ESG & Sustainability. "As a major participant in the longevity economy, our work is more essential to society than ever before. Our sustainability efforts build value for all our stakeholders and advance our mission to help people live longer, healthier, happier lives."

Nareit’s annual Leader in the Light Awards recognize REITs that demonstrate leadership in implementing sustainable and socially responsible investment and operating practices, good governance and transparency. The awards were presented to Nareit corporate members in nine property sector categories.

Nareit’s inaugural Sustainability Impact Awards, including the "Impact at Scale" award, recognize REITs for implementing sustainable practices that demonstrate leadership, ingenuity and environmental impact in the commercial real estate industry.

Ventas is a widely recognized industry leader in sustainability. Additional recent achievements include:

  • #1 Listed Healthcare REIT in the GRESB global ESG real estate assessment since 2017

  • ENERGY STAR ? Partner of the Year in Energy Management for 4th consecutive year with Sustained Excellence designation for 2nd consecutive year

  • Maintained ISS ESG Prime Status for Corporate ESG performance since 2020

  • America’s Most Responsible Companies list by Newsweek for the 4th consecutive year

  • Top-Rated ESG Regional Company by Morningstar Sustainalytics for the 2nd consecutive year