FCP® has published its 2023 ESG Report, providing reporting and metrics on the firm’s activities in the areas of Environmental Sustainability, Social Responsibility, and Governance.
Key accomplishments in 2023 included:
• Generated an average of 17.3% and 63.9% ROI through 53 energy and 7 water efficiency projects, respectively,
• Collaborated with Star-C to open two new resident service centers in the Metro Atlanta area, bringing our on-site services impact total to an estimated 9,542 residents,
• Recognized with Pensions & Investments Best Places to Work in Money Management Award for a 2nd year,
• Became a 2024 Freddie Mac Multifamily Impact Sponsor,
• Conducted our first materiality assessment to identify and prioritize the issues and impacts most critical to the firm, and
• Served as a Project Destined program sponsor and mentor for a 3rd year.
“FCP views its ESG efforts as a critical component of our overall strategy and approach,” said FCP Principal, Summer Haltli. “We view implementing environmental, social, and governance-related practices as value-add considerations to drive progress on the financial performance of our assets.”
“FCP is pleased to release our 2023 report, which outlines how FCP continued to focus on value-creating environmental initiatives and prioritize its people and communities through resident service collaborations and volunteering efforts,” stated Tina Tagliaferri, FCP Associate.
FCP’s 2023 ESG report, as well as prior years’ reports, can be viewed here.
About FCP
FCP® is a privately held real estate investment company that has invested in or financed more than $13.1 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and structured investments in income-producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit www.fcpdc.com.