Commercial, Energy Efficiency, GHG Emissions, Solar - August 26, 2022
Quinn Residences Produces ESG Policy
Quinn Residences, an Atlanta-based build-for-rent company with over 3,300 single-family homes, released its Environmental, Social and Governance (ESG) policy.
The company pledged several environmental initiatives, including becoming a carbon-neutral organization and installing solar panels on each home across all communities.
"We're not just in the business of building reasonably priced homes for rent," said Richard Ross, CEO of Quinn Residences in a statement. "We're building thriving communities where our residents can feel proud of where they live. Quinn's commitment to ESG is not just a check the box. It allows our company to become a higher performing organization and solidifies our promise to our residents of enhancing the way they experience home."
Quinn, in partnership with Palmetto, is in the process of installing solar panels on every house of its 207-home community in Spartanburg, South Carolina. Once completed, the solar panels will offset 1,247 metric tons of carbon dioxide annually.
The company plans to expand solar projects to all existing and future communities. All of Quinn's properties are also built to high energy efficiency levels with double-glazed windows, high-quality insulation, and LED lighting.
In alignment with its governance policies, Quinn has established reporting lines, and formed committees to ensure appropriate oversight and accountability of the Company's actions, practices, and policies. Quinn assembled an ESG Committee that is responsible for shaping its strategy and progress on ESG efforts.
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