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Greystar Real Estate Partners (Greystar), founded in 1993 and headquartered in Charleston, South Carolina, United States, is an international real estate developer and manager. As of 2023, it is the largest apartment manager in the US, operating in 224 markets across North and South America, Europe and the Asia-Pacific region. The company has over 500,000 residential units under management globally, across 1600 properties.
Summary
Greystar performs poorly in the 2024 Urban Benchmark, with significant potential to improve its sustainability reporting across various key topics. The company faces substantial risks due to its lack of disclosure on critical issues. Greystar should conduct a materiality assessment to identify relevant sustainability priorities and establish a clear process for stakeholder engagement. It should also prioritise providing its employees with access to upskilling programmes and report on the outcomes of these initiatives to foster resilient employment. Additionally, the company should enhance its reporting on environmental issues such as ecosystem conversion, emissions, energy efficiency, natural disaster risk management, and water withdrawal.
While the company takes measures to safeguard personal information, it should expand its policy coverage beyond website users, clients, and job applicants to cover all stakeholders. Additionally, it should publicly commit to a global privacy statement that ensures data protection for all stakeholders. Addressing these areas will enable Greystar to strengthen its sustainability performance and align with industry best practices.
Ranking position
#221
/300
Total score
1.2
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
0.0
/100
Rank (0-300)
#181
Measurement area
Inclusive Cities
Score
# 1
3.3
/100
Rank (0-300)
#208
Measurement area
Healthy Cities
Score
# 1
0.0
/100
Rank (0-300)
#174
Measurement area
Climate Proof & Resilient Cities
Score
# 1
0.0
/100
Rank (0-300)
#170
Measurement area
Core Social Indicators
Score
# 1
2.8
/100
Rank (0-300)
#174
Industries
Industries
Real estate
#73
More about the company
Headquarters
United States of America
Ownership structure
Private
Revenue
-
Number of employees
-
Website
https://www.greystar.com/
63716
