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lexandria Real Estate Equities (NYSE:ARE), a pioneer in life science real estate, has released its 2024 Corporate Responsibility Report highlighting significant sustainability achievements. The company reported an 18% reduction in operational GHG emissions intensity from 2022 to 2024, progressing toward its 30% reduction target by 2030. Key accomplishments include generating 54% of annual rental revenue from LEED-certified properties and winning the 2024 Nareit Sustainable Design Impact Award. The company also launched initiatives in mental health research and STEM education, including a partnership with the Foundation for the National Institutes of Health and a new learning lab at Fred Hutch Cancer Center.

    Alexandria's leadership in sustainability and operational excellence is vital to attracting and retaining high-quality tenants who are leading the discovery and development of innovative new medicines. The company's 2024 report details its continued advancement of its innovative strategy to reduce operational greenhouse gas (GHG) emissions through energy efficiency, electrification, and alternative energy.

    Notable advancements include reducing operational GHG emissions intensity by 18% from 2022 to 2024, winning a 2024 Nareit Sustainable Design Impact Award for cutting-edge approaches to utilizing alternative energy sources, and receiving the GRESB Green Star designation for the eighth consecutive year. The company also continues to pursue multipronged efforts to address the nation's complex mental health crisis and deepens its commitment to driving educational opportunities for students through STEM education initiatives.

    The full report is available on the Corporate Responsibility page of Alexandria's website, showcasing the company's dedication to creating and growing ecosystems that advance human health.