ESG



A group of volunteers


Overview

BSR is focused on our company’s impact on our residents, employees, stakeholders and communities where we operate and serve. The mission of BSR is to provide an exceptional living experience for residents at a community they are proud to call home while creating value for our shareholders through strength, profitability and growth. BSR conducts business with integrity and strives for the highest ethical standards by always treating partners, team members, residents and vendors with respect, honesty, and fairness. We believe that any interaction with our company should be a genuinely positive experience and we believe in leaving things better than we found them. This ideology has been integral to our success since the roots of the formation of BSR in 1956.

The following is an outline of the BSR’s ongoing ESG efforts.

Environmental

  • BSR has upgraded 5,332 apartment units with smart home and energy management technology. This results in an energy reduction of up to 15-20% for our residents and around 50% savings for any vacant BSR apartment units under this program.

  • Utilities for 70% of BSR properties are sub-metered. On average, properties that are sub-metered are 38% more efficient than non-sub-metered properties.

  • Air filters in BSR suites are changed and inspected on a quarterly basis.

  • When performing renovations, BSR uses low-flow toilets, LED lighting, high efficiency fixtures and Energy Star approved appliances.

  • To date BSR has installed EV charging stations for 31% of its residents.

BSR Reit

 

BSR Reit - City, Adult, Male

BSR has partnered with Blink to provide EV charging stations at many BSR properties.

Governance

  • BSR conducts a company-wide Team Member Satisfaction Survey every year, and the feedback is meticulously reviewed by our executive team. 

  • BSR maintains high quality IT infrastructure and active cybersecurity monitoring and protection initiatives.

  • We maintain an anonymous third-party whistleblower hotline that is monitored by our HR Department.

  • BSR has a non-discrimination policy which protects residents and prospective residents from discrimination based on race, color, national origin, religion, sex, family status and disability as covered under the Fair Housing Act.

  • BSR has a Diversity Policy that reflects our commitment toward adding additional members to the board of trustees and senior management team with diversity in business and other professional experience, gender, geography, age, race and ethnicity. BSR’s board of trustees has 29% female representation and 71% male representation.

BSR Reit - Adult, Female, Person