Public Storage Named Sustainability Leader

Posted by Modern Storage Media on Oct 18, 2023 8:29:24 AM

Public Storage has announced that it is the U.S. self-storage sustainability leader on the 2023 GRESB Real Estate Benchmark, one of the world’s leading ESG benchmarks and reporting frameworks. Public Storage ranks highest amongst its U.S. peer group for sustainability, was named a best-performing Regional Sector Leader, and was awarded an “A” rating for public disclosure in 2023.


Public Storage’s recent sustainability highlights include:

  • Partnering with BREEAM® on a self-storage green building certification program in the U.S., becoming the nation’s leading owner of green-certified facilities and creating a path for adoption by the broader industry
  • Equipping over 350 properties with solar power capability, with plans to reach over 1,000 properties by 2025
  • Reducing like-for-like carbon emissions intensity by 29 percent over the past four years
  • Earning the prestigious Great Place to Work Certification™
  • Launching its Community Connects community giving initiative and the Preparing the Path leadership accelerator program
  • Earning the “Top 10%” recognition from Comparably Diversity & Gender Scores compared to similar-sized companies
  • Leading the U.S. self-storage REIT peer group across the primary sustainability benchmarks.

“We are pleased that the leading sustainability benchmarks, including GRESB, recognize Public Storage’s commitment to sustainability through strong foundations, stakeholder engagement, and embedding our framework into corporate strategy,” said Joe Russell, CEO. “As the leader among U.S. self-storage REITs, Public Storage implements responsible and sustainable programs to promote long-term resilience, growth, and value creation.”



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