Reit Magazine - January/February 2021 - 38

Mark Delisi

VP, Corporate Responsibility
and Energy Management,
AvalonBay Communities, Inc.
(NYSE: AVB)

RESIDENTIAL
TOP: Avalon Glendora, Glendora, California.
BOTTOM: Avalon Dogpatch apartment building, San Francisco.

38 |

reit

" The key trend on the horizon for environmental
issues is the move to low/no carbon and net zero
company commitments. Our science-based targets
have put AvalonBay on that path, but there's much
work to do.
The biggest social issue ahead is the drive for racial
equality and justice and our recovery from COVID19. AvalonBay's newly announced partnership with
the National Urban League and 2025 Diversity in
Leadership Goals have, again, set our company on
the right path-but there's still much work to do.
The key issue ahead in the governance arena
continues to be a focus on all the things that make
a company go from good to great. If I had to pick a
specific piece, it would be the management of risks,
and in the ESG world, specifically, the management
of climate-related risks. Our recent portfolio review
of climate related risks has put us on the right track. I
see a trend emerging: 2021 and beyond will be busy! "



Reit Magazine - January/February 2021

Table of Contents for the Digital Edition of Reit Magazine - January/February 2021

Contents
Reit Magazine - January/February 2021 - Cover1
Reit Magazine - January/February 2021 - Contents
Reit Magazine - January/February 2021 - 1
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Reit Magazine - January/February 2021 - Cover3
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