Responsibility
We are Community Builders, in Multiple Ways
Making a difference for the people and communities we serve is part of our DNA. The long-term success of our business stems from the work we do to enhance the quality and sustainability of existing, affordable, rental housing in North America.
Incorporating ESG into Our Investment Strategy
Aligned with our Core Values, Avenue Living consistently evaluates and refines our Environmental, Social and Governance practices to ensure we add value to the places we do business while serving our customers, employees and investors. Our ESG efforts benefit our operations and those around us by focusing on proactive, transparent communication; prioritizing the well-being of people and the planet; and minimizing risk to stakeholders through robust policy building and solid governance practices.
Environmental
We Take Action to Reduce Our Carbon Footprint
We continue to advance sustainability across our businesses daily. From installing high-efficiency windows and replacing aging boilers, to improving on-site waste management and installing solar panels on self-storage facilities, we take action to reduce our carbon footprint and increase efficient energy usage for our customers.
With our signatory commitment to the UN-supported Principles for Responsible Investment, and landmark partnership with the Canada Infrastructure Bank to perform deep energy retrofits to nearly half of our multi-family portfolio, we demonstrate that it is possible to reduce greenhouse gases while improving Canada’s supply of quality, affordable rental homes.
We are Active Allies
Social
A diverse, inclusive culture is foundational to our organization. From facilitating open communication and delivering diversity training to ensuring we are active allies to those whose voices should be amplified, our commitment to inclusivity is unbreakable.
Our investments also extend beyond hard assets, to the people and communities we work with. Thanks to the efforts of many across our organization, and some remarkable partnerships, we are pleased to support our teams through the process of Truth & Reconciliation and support many important causes.
Commitment to Transparency and Accountability
Governance
We are committed to operating with integrity, honesty, and transparency. Our leadership has implemented policies and procedures to promote transparency, accountability and compliance. Each of our boards have diverse, independent members that oversee our business and operations.
Our Initiatives
A PLACE TO CALL HOME
Avenue Living is a proponent of the Housing First approach, a federally-designed and provincially-funded social framework that aims to provide homes for all people in Canada, regardless of socioeconomic status. Avenue Living supports these programs in multiple areas, including Medicine Hat, Edmonton, Saskatoon, Lethbridge, and Prince Albert.HELPING CHILDREN THRIVE
We are proud supporters of UNICEF, a non-profit humanitarian organization focused on saving children’s lives around the globe. They aim to reach the poorest, most vulnerable children bringing life-saving essentials like vaccines, clean water and education to communities in need. Avenue Living and our trustees are passionate supporters of this cause, and have a long-standing history of patronage and governance involvement.
FROM EDUCATION TO INSPIRATION
Indspire is an Indigenous registered charity investing in First Nations, Inuit and Metis people in Canada. Avenue Living has committed to a multi-year donation toward the Building Better Futures: Bursaries, Scholarships and Awards Program. Students in this program receive funding to help achieve their education goals, with approximately 90% of recipients graduating and 50% continuing on to a secondary degree.
A PLACE TO CALL HOME
Avenue Living is a proponent of the Housing First approach, a federally-designed and provincially-funded social framework that aims to provide homes for all people in Canada, regardless of socioeconomic status. Avenue Living supports these programs in multiple areas, including Medicine Hat, Edmonton, Saskatoon, Lethbridge, and Prince Albert.HELPING CHILDREN THRIVE
We are proud supporters of UNICEF, a non-profit humanitarian organization focused on saving children’s lives around the globe. They aim to reach the poorest, most vulnerable children bringing life-saving essentials like vaccines, clean water and education to communities in need. Avenue Living and our trustees are passionate supporters of this cause, and have a long-standing history of patronage and governance involvement.
FROM EDUCATION TO INSPIRATION
Indspire is an Indigenous registered charity investing in First Nations, Inuit and Metis people in Canada. Avenue Living has committed to a multi-year donation toward the Building Better Futures: Bursaries, Scholarships and Awards Program. Students in this program receive funding to help achieve their education goals, with approximately 90% of recipients graduating and 50% continuing on to a secondary degree.
Contact Our Investor Relations Team
If you are a financial advisor or institutional investor looking for information about how to invest with us, get in touch with our Investor Relations team. We are here to help.