Public Storage, which last month was named the U.S. self-storage sustainability leader on the 2023 Global Real Estate Sustainability Benchmark (GRESB), has added another feather to its cap.
Now, its European affiliate, Shurgard Self Storage Ltd., has received the 2023 Golden Bridge Trade & Investment Award for Environmental, Social and Governance (ESG) Excellence from the Belgian-Luxembourg Chamber of Commerce (BLCC) in Great Britain.
Shurgard’s rating from GRESB and other ESG recognitions were cited as key reasons for the honor. This year, Shurgard received a five-star rating and an overall score of 91%.
“Shurgard is honored to receive this ESG award, showing our commitment to being eco-friendly and community-driven,” company officials said in a press release. “At Shurgard, we take pride in our ambitious ESG strategy. This has required embracing industry-leading innovations while continuously working to reduce the environmental footprint of our assets. Our dedication extends beyond environmental responsibility. We are actively involved in building strong local communities, too.”
The press release also notes that since 2021, Shurgard has reduced its energy consumption 7.2% and carbon emissions 9.3%. The company has set a goal to reach net zero on greenhouse-gas emissions for operations by 2030 and materials by 2040.