Sustainability

At FCP, we create value for all stakeholders through our disciplined investment approach that integrates environmental sustainability, social responsibility and thoughtful corporate leadership. Since our founding in 1999, our entrepreneurial culture has embraced implementing new efficiency technologies and communityservice initiatives that reduce asset operating costs and improve the quality of life for our tenants. Our committed approach to sustainability is directly tied to our business mission.

FCP’s focus on repositioning multifamily and commercial assets and preserving workforce housing is inherently sustainable. By rehabbing existing properties, we reduce our environmental footprint through the reduction of waste, energy and water consumption. Our workforce housing portfolio, which provides safe, high quality apartments for people earning $30,000-$60,000, serves an important social need.

Reporting to the Global Real Estate Sustainability Benchmark (GRESB) Survey
Since 2012, FCP has reported to GRESB, the industry standard in sustainability reporting. Most recently, FCP received a green star from GRESB in 2016. FCP leads its peers in identifying and implementing value-add efficiencies, management policy and disclosure, and engaging stakeholders.  Please click here for our 2017 ESG Impact Report.

2017 Highlights:

  • 23 energy efficiency projects implemented
  • 9 water efficiency projects implemented
  • $8.2 million+ in value created
  • 7 point increase in GRESB score from 2016
  • GRESB Green Star Award  
  • Held backpack events, increasing to total of 8,000 backpacks donated since 2012
  • 400+ volunteer hours in 2017
  • Employee turnover rate of 6% over the past 6 years