Flagship Communities Real Estate Investment Trust Releases 2024 ESG Report

Core Insights - Flagship Communities Real Estate Investment Trust published its fifth annual Environmental, Social and Governance (ESG) Report, emphasizing its commitment to ESG initiatives such as renewable energy and tenant well-being [1][2] ESG Initiatives - The CEO highlighted the company's mantra of balancing investor returns with social responsibility, showcasing new security measures and community support initiatives [2] - The Report adheres to the Global Reporting Initiative (GRI) Sustainability Reporting Standards and the Sustainability Accounting Standards Board (SASB) framework [2] Community Development - Flagship's White Pine Pointe community received the "Community of the Year" award for its transformation over 15 months [3] - The REIT was recognized as the Manufactured Home Community Operator of the Year and received the Community Impact Project of the Year award for Suburban Pointe [4] Sustainability Efforts - The company expanded its solar lighting program, installing over 2,100 solar lamps across 45 communities [5] - Water consumption was reduced by 25-35% through sub-metering technology and water re-capture programs [5] Company Overview - Flagship Communities operates affordable residential Manufactured Housing Communities, primarily serving working families in several states including Kentucky, Indiana, and Ohio [6]