BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, has announced its continued Environmental, Social and Governance (ESG) achievements for 2024. The company, which is part of Blackstone’s Core+ Life Sciences Real Estate strategy, was recognized as the Real Estate Sector Leader for Technology/Science in the Global Real Estate Sustainability Benchmark (GRESB) assessment.
CEO Tim Schoen highlighted BioMed Realty’s focus on collaborating with tenants to advance ESG goals, promoting health, wellness, innovation, connection, and sustainability. The company achieved 4 Star ratings in the Standing Investment and Development benchmark reports, demonstrating commitment to operating assets that meet the needs of tenants and communities.
BioMed Realty’s environmental sustainability accomplishments include expanding renewable electricity use, implementing energy efficiency projects, and promoting health and inclusivity. The company has earned LEED Gold certification for multiple properties and is pursuing Fitwel Champion status.
Additionally, BioMed Realty supports research institutions, charities, and non-profits in the communities where it operates. Initiatives include the STEAM Career Exploration Program, support for the Salk Institute for Biological Studies, and partnerships with CoreGiving and Butterfly Pavilion to combat food insecurity and enhance pollinator habitats.
These efforts showcase BioMed Realty’s commitment to sustainability, innovation, and community engagement. With a focus on data-driven sustainability, technology, and collaboration with tenants, the company is setting a standard for ESG achievements in the real estate industry.
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