Sustainable Performance
Nearon Enterprises has thoughtfully integrated Environmental, Social, and Governance (ESG) principles throughout our business operations. Our ESG practices aim to reduce our environmental footprint, enhance social well-being, and uphold ethical governance practices, driving positive change for all stakeholders. Additionally, we are committed to investing in resilient, high-performing buildings that provide not only financial benefits but also increased occupant comfort and productivity.
Our Vision is a high-performing portfolio coinciding with a healthy, resilient environment.
Our Mission is to enhance a high-performing and resilient portfolio by thoughtfully integrating ESG into our organization.
ESG Program Framework
Environmental Goals
We prioritize clean, renewable, and efficient operations to reduce our environmental impact.
1. Make wise and efficient use of energy, water, and other natural resources.
2. Invest for the future by integrating resilience into the acquisition and operation of our properties.
3. Operate our properties cleanly and efficiently, so as to minimize carbon impact.
Social Goals
As an employer and landlord, we prioritize inclusive and healthy environments.
1. Support our employees and tenants through safety, health, and well-being practices.
2. Provide access to resources, amenities, and benefits that enable employee, tenant, and resident well- being.
3. Promote an equitable workplace that values diverse perspectives and inclusive practices.
Governance Goals
We promote an ethics-first approach that fosters trust and drives lasting value.
1. Lead with integrity and sound judgment in all our actions and decisions.
2. Protect all internal and external data by maintaining a robust security program.
3. Create strong financial returns through disciplined investing.
Targets & Net Zero Goals
Nearon is committed to creating long-term value by building a resilient portfolio that emphasizes operational performance while reducing our energy, water, and carbon emissions and increasing our waste diversion rate. We have established the following targets to track our progress as we work to achieve our mission, vision, and goals.
Energy Use
Reduce EUI by 2% on average per year on 100% of assets
for which Nearon has operational control
20% portfolio-wide reduction by 2033
from a 2023 baseline
Water Use
Reduce WUI by 2% on average per year on 100% of assets
for which Nearon has operational control
20% portfolio-wide reduction by 2033
from a 2023 baseline
Carbon Emissions
Reduce carbon emissions across the portfolio by 50% by 2030
from a 2023 baseline
Achieve net zero carbon emissions across the portfolio by 2040
from a 2023 baseline
Waste
Increase waste diversion rate to15% by 2028
Increase waste diversion rate to 50% by 2033