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GLENDALE, Calif.--(BUSINESS WIRE)--Nov 29, 2022--
Public Storage (NYSE:PSA), the world’s largest owner and operator of self-storage facilities, announced today that the Company is the U.S. self-storage sustainability leader on the 2022 GRESB Real Estate Benchmark, one of the world’s leading ESG benchmarks and reporting frameworks. Increasing its score by 18% to 80 out of 100 possible points, Public Storage ranks highest amongst its U.S. peer group for sustainability and was awarded an “A” rating for public disclosure in 2022.
In addition to this recognition, Public Storage’s recent sustainability and Diversity, Equity, and Inclusion (DEI) highlights include:
“Public Storage’s engaged and diverse team, innovative and sustainable operations, and financial fortitude are recognized with top U.S. self-storage peer group rankings across the leading sustainability benchmarks, including GRESB,” said Joe Russell, Chief Executive Officer. “Our proactive, forward-looking strategies reflect our commitment to achieving positive environmental and social impacts while positioning the company for long-term resilience, growth, and value creation.”
Company Information
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2022, we had: (i) interests in 2,836 self-storage facilities located in 40 states with approximately 202 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self-Storage SA (Euronext Brussels:SHUR), which owned 259 self-storage facilities located in seven Western European nations with approximately 14 million net rentable square feet operated under the Shurgard® brand. Our headquarters are located in Glendale, California.
Additional information about Public Storage is available on the Company’s website at PublicStorage.com.
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CONTACT: Ryan Burke
(818) 244-8080, Ext. 1141
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: COMMUNICATIONS RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY REIT PUBLIC RELATIONS/INVESTOR RELATIONS
SOURCE: Public Storage
Copyright Business Wire 2022.
PUB: 11/29/2022 04:07 PM/DISC: 11/29/2022 04:07 PM
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