NEW YORK, March 10, 2022/PRNewswire/ – Pretium is a specialized investment company with $40 billionToday, in assets published an Environmental Report on the Single Family Rental (SFR), detailing the firm’s commitment towards ESG in its business practices. Pretium’s website allows you to view and download the report. Website.
Pretium’s Environmental, Social and Governance strategy in SFR is focused on its residents and communities. Pretium aims to integrate ESG best practice into its portfolio construction and all aspects of its operations.
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Families can have affordable and quality housing options.
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Attenuating adverse environmental impacts
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Contributing to residents’ well-being and that of their communities
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Conducting business according highest ethical and legal standards.
Pretium is committed to ESG. “We are committed in being responsible stewards to our residents’ houses and contributing positively to their community,” said Tatiana GutierrezPretium’s Managing Director for Affordable Housing and Social Impact. “We are committed towards environmentally friendly home renovations and operations, with a focus energy, water conservation, and waste reduction. Our team renovated nearly 14,000 homes in 2021, investing almost $1,000,000 500 millionPrioritizing greening elements. We are grateful for the private capital we can contribute to affordable, high-quality homes for families and households in all regions. The United States.”
“After completing our ESG report, and reflecting on the potential impact of our impact, it was exciting to set ambitious ESG targets for the years ahead,” said the statement. Josh Pristaw, Senior Managing Director at Pretium and Co-Head for Real Estate.
“As we continue implementing and pursuing leading ESG targets we plan to submit multiple funds at GRESB, which is the leading benchmark for ESG within the real estate community, in order to measure our progress towards our objectives,” stated Dana HamiltonSenior Managing director and Co-Head, Real Estate at Pretium
Pretium’s Environmental Report includes the following highlights:
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Quality Homes – Commitment Pretium spent nearly 500 millionIn 2021, home renovations will be undertaken to create affordable and quality homes for all families. This includes renovating almost 14,000 homes and spending approximately $34,000Each home. Pretium launched a smart home program that allows residents to remotely monitor their homes and reduce cooling and heating energy costs. This program has now reached 24,000 smart houses and is growing.
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2021 Environmental Impact Investment. Pretium spent approximately $35,000 on certified energy efficient appliances and systems for the renovations of 2021. $48 millionProducts with a long life span. These efforts are estimated as generating energy savings of 1,000,000 kilowatt hours, or the equivalent to almost 95 homes’ annual energy use.
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Long-Term Commitment to Energy Efficiency InvestmentsPretium has made investments since 2017. $450 MillionIts primary focus was on energy conservation, water conservation, and waste reduction in order to reduce the environmental footprints of its homes.
About Pretium
Pretium is an investment firm that focuses on U.S. residential real property, corporate credit, and residential credit. Pretium was created in 2012 to capitalize on secular lending and investment opportunities that result from economic disruptions, structural changes, and structural changes. Pretium believes that its knowledge and experience in these markets give it an advantage over other investment managers. Pretium has approximately $40 billionAssets under Management as of February 1, 2022It employs more that 3,000 people in 30 offices, which include LondonAnd Dubai. Please visit www.pretium.comFor more information, please visit:
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SOURCE Pretium