STORE CAPITAL RELEASES 2022 CORPORATE RESPONSIBILTY REPORT
STORE Capital, an internally managed net-lease real estate investment trust, has announced the release of the 2022 Corporate Responsibility Report. The Corporate Responsibility Report highlights STORE’s commitments to environmental sustainability, social responsibility, and governance and ethical business practices. The report has been published in the Corporate Responsibility section of the STORE Capital website.
Highlights of the 2022 Corporate Responsibility Report include:
- Increased customer adoption of carbon reducing sustainability solutions
- Substantial improvement in STORE’s diversity and inclusion initiatives
- Strengthened independence and diversity of the Board of Directors
- Expanded disclosure related to the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) reporting standards
“Over the past three years, we have made significant progress in our journey to become more sustainable enterprise, and I am very proud that our entire organization is committed to making STORE Capital a corporate responsibility leader in the net-lease industry,” said Mary Fedewa, STORE Capital’s President and Chief Executive Officer.
As part of its commitment to ESG initiatives STORE Capital hired a designated ESG Professional to spearhead its sustainability strategy. “STORE Capital gained significant momentum over the last year in numerous elements of its ESG program… One of the most significant steps is the addition, in March of 2022, of a highly skilled and experienced dedicated ESG professional in Sotiria,” said Chad Freed, STORE’s General Counsel & Executive Vice President. “I’m excited to join STORE Capital as it’s first dedicated ESG professional and continue to make strong partnerships with our customers to advance sustainability related initiatives and create long-term value for our stakeholders. The STORE Capital Team has established an impressive foundation of ESG throughout the organization. With increased interest from our stakeholders and new directives from the SEC, now is the perfect time to invest in the Company’s sustainability strategy,” said Dr. Sotiria Anagostou, STORE’s Director of ESG Programs and Reporting.
To view STORE Capital’s Corporate Responsibility Report, click here.