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ESG
BSR is focused on our company’s impact on our residents, employees, stakeholders and communities where we operate and serve. The mission of BSR is to provide an exceptional living experience for residents at a community they are proud to call home while creating value for our shareholders through strength, profitability and growth. BSR conducts business with integrity and strives for the highest ethical standards by always treating partners, team members, residents and vendors with respect, honesty, and fairness. We believe that any interaction with our company should be a genuinely positive experience and we believe in leaving things better than we found them. This ideology has been integral to our success since the roots of the formation of BSR in 1956.
The following is an outline of the BSR’s ongoing ESG efforts.
ENVIRONMENTAL
BSR has upgraded 5,332 apartment units with smart home and energy management technology. This results in an energy reduction of up to 15-20% for our residents and around 50% savings for any vacant BSR apartment units under this program.
BSR invests in smart waste management across all properties to optimize dumpster capacity and identify contamination issues.
Utilities for 70% of BSR properties are sub-metered. On average, properties that are sub-metered are 38% more efficient than non-sub-metered properties.
BSR uses smart irrigation systems to conserve water through the analysis of weather data.
BSR uses a third-party utility biller providing vacant apartment unit charge backs, energy consumption variance reporting, pre-acquisition energy audits and detection of water leaks.
Air filters in BSR suites are changed and inspected on a quarterly basis.
When performing renovations, BSR uses low-flow toilets, LED lighting, high efficiency fixtures and Energy Star approved appliances.
BSR offers virtual signatures on leasing documents, paperless rent payments, and service requests.
Multiple BSR communities have electric vehicle charging stations for resident use.
BSR has partnered with Blink to provide EV charging stations at many BSR properties.
SOCIAL
GOVERNANCE