Buckingham ESG Statement

At Buckingham, we have a rich history of growth led by our innovation and willingness to push the standard. As our company evolves and the world changes, we continue to adapt and challenge industry standards. To that end, we aim to fully integrate environmental, social and governance (ESG) practices that are aligned with our business strategy and stakeholder interest’s.

Our ESG strategy is informed by industry best practices and intended to reduce our carbon footprint, preserve communities, increase value, and reduce risk. From development and construction to investments and property management our ESG initiatives are aligned with an eye towards value creation with a sensitivity toward relative affordability while creating unique spaces that are sustainable for our team, residents, communities and the planet.

Environmental

We understand the impactful role the real estate industry plays in some of the most prevalent global environmental challenges. We are committed to doing our part to provide more efficient and resilient buildings in the communities where we operate.

Select achievements:

  • Over 700,000 SF of LEED Certified development projects
  • 20 LED lighting retrofit projects completed in past 4 years
  • Installation of Electric Vehicle charging stations and bike stations to provide alternative transportation options to residents and guests
  • Waste reduction or recycling programs at all assets
  • Low-flow water fixtures incorporated in all development projects and in select operating assets
  • Early adoption and conversion to residential energy efficiency requirements
  • Environmentally sensitive stormwater treatment design

Social

Being an engaged enterprise within the communities where we operate and throughout the world is a key aspect of our success as an organization. Although we take great pride in the safe, thoughtful and welcoming spaces we build and operate, we acknowledge that our reach as an organization stretches beyond the walls of our assets.

As the world evolves, shifts in employee and resident demands and increased regulation present risks to the real estate industry. Our proactive approach helps us to identify and implement strategies to attempt to mitigate such risks.

To meet the evolving needs of our employees and stakeholders, our thoughtful social responsibility efforts translate to impactful benefits across our organization and the communities where we operate. Buckingham Foundation, 501c3 and philanthropic partner to Buckingham Companies, was created to implement positive change in the areas of affordable housing and homelessness, community and economic development and arts and culture.

Achievements:

  • Buckingham Companies named in Best Places to Work in Indiana for 2020
  • Robust VTO (volunteer time off) policy for company employees; over 20,000 hours of employee volunteer hours invested in the community in last three years
  • 33 of our properties received Resident Satisfaction Awards for 2019 from SatisFacts
  • Buckingham partners with Challenging Heights to build and maintain Buckingham House, a haven for over 100 children in Ghana who were victims of modern slavery and trafficking
  • Emergency preparedness plans and business continuity plans in place to reduce risk to company and residents
  • Implemented infectious disease task force
  • Partnership with local artists and businesses to foster local community participation and interaction
  • Customer and employee satisfaction surveys administered regularly

Governance

A strong governance program is the foundation of a successful organization and ESG program. Our governance program centers around transparency, ethics and experienced leadership. We have undertaken efforts to formalize our governance structure by implementing policies that exemplify the topics that have always been woven into the fabric of our organization.

The formalization of our governance program addresses the following areas and serves as a framework for good governance.

  • Anonymous ethics hotline established for safe detection of unethical behavior
  • Bribery and corruption
  • Cybersecurity
  • Data protection and privacy
  • Applicable standard of care
  • Fraud
  • Stakeholder engagement
  • Disaster recovery and business continuity