{"id":3908,"date":"2021-09-14T21:05:12","date_gmt":"2021-09-15T02:05:12","guid":{"rendered":"https:\/\/1reason.com\/re\/caretrust-reit-publishes-inaugural-corporate-social-responsibility-report\/3908\/"},"modified":"2021-09-15T16:05:12","modified_gmt":"2021-09-15T21:05:12","slug":"caretrust-reit-publishes-inaugural-corporate-social-responsibility-report","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/caretrust-reit-publishes-inaugural-corporate-social-responsibility-report\/3908\/","title":{"rendered":"CareTrust REIT Publishes Inaugural Corporate Social Responsibility Report"},"content":{"rendered":"
<\/p>\n

\u201cThis first CSR Report, and the high level of accountability it reflects, is a major step in the process we began in 2019 to advance the company\u2019s ESG priorities in our decision-making and reporting practices,\u201d said Greg Stapley, CareTrust\u2019s Chairman and Chief Executive Officer. Mr. Stapley noted that the company published a number of ESG-related policies in 2019 and 2020, all of which are available in the Investors section of the company\u2019s website. \u201cAlthough there is more that we are anxious to accomplish, we are excited about the significant progress we\u2019ve made on ESG in a relatively short period of time, and we believe our shareholders will be pleased as well,\u201d he added.<\/p>\n

Mr. Stapley noted that, as a \u201ctriple-net\u201d landlord, CareTrust faces unique challenges that do not affect most other public REITs when addressing ESG matters. Under a traditional triple-net lease structure, the landlord cannot unilaterally make changes in its properties but must secure the cooperation of the tenant, who has near-exclusive control over all management, maintenance and improvement decisions, including those with ESG implications. \u201cTo address this challenge, we have implemented our proprietary Tenant Code of Conduct & Corporate Responsibility or \u2018Tenant ESG Program,\u2019 which provides economic incentives for participating tenants to make positive social and environmental changes in our portfolio,\u201d Mr. Stapley said. He noted that the new CSR Report includes an example of one recent project completed with CareTrust-provided incentive funds under the Tenant ESG Program.<\/p>\n

CareTrust\u2019s ESG programs are overseen by both a standing Sustainability & Corporate Responsibility Committee of the Board of Directors and a multi-disciplinary internal Environmental, Social, and Governance Steering Committee made up of staff from across the company. \u201cWe are grateful to our board for giving ESG a high priority, and especially to our internal ESG Committee which has taken the laboring oar in advancing our ESG initiatives and preparing this CSR Report,\u201d said Mr. Stapley. He affirmed that CareTrust intends to produce similar reports annually to update stakeholders on CareTrust\u2019s ongoing progress with respect to its ESG priorities.<\/p>\n

The CSR Report\u2019s framework reflects the company\u2019s election to correlate its ESG reporting to the Global Reporting Initiative (GRI) Standards generally, and to build its reporting practices around the February 2019 NAREIT Guide to ESG Reporting Frameworks. CareTrust\u2019s 2020 CSR report and additional information about the Company\u2019s ESG initiatives can be found in the Investors section of the company\u2019s website at www.caretrustreit.com<\/p>\n

About CareTrust<\/em><\/strong>TM<\/em><\/strong><\/sup><\/p>\n

CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. More information about CareTrust REIT is available at www.caretrustreit.com<\/a><\/u>.<\/p>\n

Contact:<\/strong><\/p>\n

CareTrust REIT, Inc.
(949) 542-3130
ir@caretrustreit.com<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

SAN CLEMENTE, Calif., Aug. 19, 2021 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (Nasdaq:CTRE) today published its inaugural Corporate Social Responsibility (CSR) Report, reflecting its commitment to provide regular and transparent reporting on the company\u2019s environmental, social and governance (ESG) initiatives.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/3908"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=3908"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/3908\/revisions"}],"predecessor-version":[{"id":3922,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/3908\/revisions\/3922"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=3908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=3908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=3908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}