Greystar Sustainability Report 2024

ESG INTEGRATION IN THE INVESTMENT LIFECYCLE

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We strive to consider ESG risks as part of our analysis across our practices across fund and venture management, asset acquisition and development, hold, and exit periods.

1

3

Fund and Venture Management: Sustainability Oversight

Hold: Active Sustainability Stewardship

2

4

• Sustainability conversations with stakeholders

• Continuous performance monitoring and enhancement

• Sustainability objectives aligned with our investment thesis

• Data-driven operational efficiency improvements

Acquisition & Development: Sustainability Frameworks

Exit: Sustainability Communications

• Capital allocation for high-impact sustainability initiatives

• Holistic resident experience and well-being focus

• Transparent sustainability reporting and performance data

• Climate resilience assessments and environmental diligence

• Sustainability credentials in exit materials

• Energy performance benchmarking and optimization

• Sustainability design guidelines maintained for new developments

While it is the case that decisions with respect to the acquisition, retention, improvement, and maintenance of assets include consideration of one or more ESG factors, all such decisions also take into account other, non ESG factors, and ESG factors are generally no more significant than other factors in the decision-making process, such that ESG factors may not be determinative in a decision to acquire, retain, improve, or maintain any particular asset.

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