REITs from a range of property sectors have been named to TIME’s list of the world’s most sustainable companies for 2024.
“The ranking sets a benchmark for other businesses, fostering transparency and accountability and encouraging the integration of sustainability into core corporate strategies,” TIME said.
TIME, partnering with data firm Statista, began with a comprehensive selection from over 5,000 of the world's largest and most influential companies, considering factors such as revenue, market capitalization, and public prominence. The process involved a four-step methodology to identify the top 500 companies, evaluated on more than 20 key data points.
An overall sustainability score was calculated, with a maximum achievable score of 100. The top 500 companies with the highest scores were named to the list.
REITs that were named to the 2024 list include:
BXP (NYSE: BXP); Host Hotels & Resorts, Inc. (Nasdaq: HST); Prologis, Inc. (NYSE: PLD); Digital Realty (NYSE: DLR); Macerich (NYSE: MAC); Welltower Inc. (NYSE: WELL); Weyerhaeuser Co. (NYSE: WY); Vornado Realty Trust (NYSE: VNO); Simon Property Group (NYSE: SPG); and, Equity Residential (NYSE: EQR).