Company: VRE
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000924901-25-000035
Chunk: 33

Company: Veris Residential, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 33
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 Estate Trusts (NAREIT) |
| Financial Disclosures (TCFD)                           
 UN Sustainable Development Goals (SDG)                 
 UN Global Compact Communication on Progress            
 Science Based Targets initiative (SBTi)                
 GRESB                                                  |     | Principles (WEPs)               |     | National Apartment Association (NAA)                
 New Jersey Apartment Association (NJAA)             
 Massachusetts Apartment Association (MAA)           
 USGlobal Building Compact (USGBC)                   |

#### ENVIRONMENTAL
The Board of Directors believes that continued growth of stockholder value in a socially responsible manner is consistent with the Company’s overall strategy to continue to enhance the Company’s reputation as a property manager of choice and promotes an environmental strategy that supports “green” building initiatives. We continue to pursue a wide range of sustainability initiatives, aimed at reducing the carbon footprint of our portfolio while creating a diverse and safe offering for our residents.

We have undertaken several initiatives that not only conserve energy and reduce waste, but also offer our residents cost-effective incentives to promote sustainability efforts throughout our portfolio, including the following:

• Green House Gas Emissions: The Company acknowledges its responsibility to do our part to reduce energy consumption and emissions. In 2023, the Company met its Scope 1 and 2 reduction goals validated by the Science Based Targets Initiative (SBti), As of December 31, 2024, we reduced Like-for-Like Scope 1 and Scope 2 emissions by 58% compared to 2019.

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• Energy and Energy Procurement: As part of our energy policy, the Company purchases Green-e RECs covering 100% of the electricity consumption for common areas of our wholly owned multifamily properties. We also encourage our residents to participate in community solar programs and other energy savings actions.

• Green Certification: We are committed to increasing the share of sustainable properties in our portfolio. To that end, 80% of our multifamily properties (by unit) were Green Certified (LEED ® or equivalent) as of December 31, 2024 .

• Initiatives to Save Energy and Limit Carbon Footprint: The Company continuously monitors energy performance to identify potential energy efficiency opportunities, evaluating the economics and utilizing state and public utility incentive programs when pursuing investments into low carbon alternatives and other energy efficiency projects.

• Water: The Company seeks to implement water management and recycling programs when possible, including, among other things, the installation of low flow fixtures and low irrigation landscaping systems. To that end, we have