NEW YORK, March 10, 2022/PRNewswire/ –Pretium is a specialized investor firm. $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 strives for ESG best practices in all aspects of its business, including portfolio construction and operations.
- Housing options that are affordable and high quality for families
- Mitigating adverse effects on the environment
- Contributing to residents’ well-being and that of their communities
- Conducting business according highest ethical and legal standards.
Pretium does not consider ESG an option. “We are committed to being responsible stewards for our residents’ homes, and contributing positively in their communities,” 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 14,000 homes and invested nearly $1.5 million in 2021. 500 millionPrioritizing greening elements. We are grateful to have private capital available to help provide quality, affordable homes for families across the country. The United States.”
“Upon 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 PristawSenior Managing Director and Cohead of Real Estate at Pretium
“As our efforts continue to implement and pursue leading ESG goals, we plan submit multiple funds to GRESB (the leading benchmark for ESG in real estate), to measure our progress towards achieving our goals,” stated the spokesperson. Dana HamiltonSenior Managing Director and Cohead of Real Estate at Pretium
Pretium’s Environmental Report highlights include:
- 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 also launched a program for smart homes to allow residents to monitor their homes from anywhere. This will help reduce heating and cooling costs. The program has grown to include 24,000 smart homes.
- 2021 Environmental Impact Investment. Pretium spent approximately $35,000 on certified energy efficient appliances and systems for the renovations of 2021. $48 MillionLong life cycle products. These efforts can result in energy savings of approximately 1 million kilowatthours, or the equivalent of nearly 95 homes’ annual energy consumption.
- 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 footprint 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 established in 2012 to capitalize upon secular investment and lending opportunities that arise from structural changes, disruptions and inefficiencies in the economy. Pretium believes its experience and insight in these markets gives it a strategic advantage over other investment management firms. Pretium has approximately $40 billionAssets under Management as of February 1, 2022More than 3,000 people are employed in 30 offices, including London Dubai. Please visit www.pretium.comFor more information, click here
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SOURCE Pretium
