Environmental Impact
We are in a climate crisis. The harm and suffering caused by extreme weather events, biodiversity loss, and toxic pollution are disproportionately distributed to the poorest, most vulnerable, and most disenfranchised populations around the globe. The built environment contributes to approximately 40 percent of all CO2 emissions in the United States, therefore renovating the existing building stock and holding our new developments to the highest environmental standards must be part of the solution.
We aim to meet this challenge by reducing the climate and resource impact of our portfolio while creating resilient, future-proof properties.
Over the last 30 years we have developed some of the country’s most environmentally friendly affordable housing projects using innovative design, financing, and partnerships to lead the field in delivering healthy, sustainable, transit-oriented housing.
Today, our impacts range from transforming buildings through deep green retrofits to advocating for innovative policies and solutions for the buildings of tomorrow. Our new development pursuits feature industry-leading techniques such as electrification, healthy building materials, resilient design, and incorporating renewable energy wherever possible.
We take a data-driven approach to monitor and analyze environmental performance at all our properties to uncover further energy and water efficiency opportunities.
Over the next 30 years, we will continue to lead and learn alongside our peers as we combat climate change, develop the tools of the future, and focus on the health and well-being of our residents.
Pounds of CO2 Emissions Avoided
Floor Area with Green Improvements
Square Feet with Green Certification
Environmental Performance
Closely monitoring and tracking the environmental performance of our properties is paramount to the successful and persistent delivery of our climate impact goals. In order to reduce our impact on the environment, we have set forth a series of climate change mitigation goals for our portfolio. These mitigation goals aim to reduce the emissions, energy, water use and landfill waste from our properties over time.
We continuously benchmark property performance using utility bill data. We track implemented energy and water conservation measures, along with financial data, to perform measurement and verification of impact. Within our culture of continuous improvement, we use performance data to adjust and inform future projects.
Casa Panorama Case Study
In 2017, Jonathan Rose Companies acquired Casa Panorama, a 154-unit affordable senior housing community in the Panorama City neighborhood of Los Angeles, California.
We implemented a comprehensive green retrofit that leveraged incentives to achieve deep carbon savings through electrification and energy efficiency.
Impact Strategy
Our business strategy is designed to deliver social and environmental impact as well as competitive, risk-adjusted market returns in our asset class. We buy and build affordable and mixed-income housing and connect each property with health, education, cultural, and social services so that residents can become empowered partners in their communities, improving economic and social outcomes. We also invest in the energy efficiency, water conservation, and resilience of our buildings to lessen our demand for natural resources, in turn mitigating climate change, reducing our operating costs, and improving the health and safety of our residents. These strategies provide economic resilience and add value to our properties, strengthening our financial returns and allowing us to ultimately deploy more capital to achieve even deeper impact.
Our Initiatives
Our environmental impact work is expansive and continues to evolve based on the needs of our communities and of the planet. Some of our leading initiatives include decarbonization, building and social resilience, renewable energy, water monitoring and healthy procurement. These initiatives are implemented across our entire portfolio and integrate alongside our sustainably focused operations to holistically reduce our environmental impact across the lifespan of a building.
Implementing a resiliency strategy at our communities is critical to ensuring that our residents remain safe and comfortable in their homes and helps future-proof our communities against physical, social and transitional risk.
Find out moreRenewable Energy has always been a commitment of Jonathan Rose Companies since the very beginning. Clean energy projects of the past inspire and lay the groundwork for all of our ongoing and future developments and renovations, all in an effort to achieve 100% green power by 2021.
Find out moreOur National Procurement Strategy allows us to set strict environmental and health criteria for all products and materials that enter our buildings. Alongside this effort, we are able to keep prices down as we create and build partnerships across every industry.
Find out moreAll our sustainability initiatives depend on the accurate and constant monitoring of data. We utilize several data platforms and monitoring systems that aid in our decision-making process and allows for routine reporting such as in our annual Impact Report.
Find out moreCritical to meeting our environmental goals and restoring the health of the global climate, is our decarbonization strategy. Through a commitment to green energy procurement and converting building systems to all-electric, we are constantly pushing the boundary for the affordable housing industry.
Find out moreNot all cleaning products are created equal. In fact, many cleaning products can be harmful to our residents and staff. Through our Green Cleaning Program, we are carefully vetting cleaning products through strict environmental and health criteria and implementing new technologies to push the industry forward.
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