Centerspace published its 2024 Environmental, Social, and Governance (ESG) Report, marking its sixth annual report on sustainable business practices. The company also released its inaugural Task Force on Climate Related Financial Disclosures (TCFD) report, establishing a foundation for managing climate risk and aligning with industry-standard reporting frameworks. These reports highlight Centerspace's commitment to integrating sustainability into its operations.
Key accomplishments detailed in the report include meeting four of its five ESG goals two years ahead of schedule. Centerspace also completed an updated materiality assessment and successfully raised its GRESB score from 63 to 70, demonstrating improved ESG performance against peers. The report was prepared in alignment with GRI's 2024 Universal Standards and Topic Standards, as well as the United Nations Sustainable Development Goals.
The company's commitment extends to associate well-being, evidenced by the graduation of its inaugural Manager in Training class. Centerspace emphasizes being good stewards of resources, minimizing consumption, and conserving energy and water. These efforts underscore its dedication to 'Better Every Days' and position it for continued growth while caring for the environment and community.
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