Killam Apartment REIT Releases 2025 Environmental, Social, and Governance Report

Executive Summary

• Killam Apartment REIT announced the release of its 2025 Environmental, Social, and Governance (ESG) Report, outlining sustainability priorities, measurable performance metrics, and governance updates.
• The report highlights targeted investments in energy efficiency, year-over-year reductions in greenhouse gas emissions, and continued commitments to housing affordability and community engagement.
• The disclosure is structured to align with major international sustainability reporting frameworks, including GRI, SASB, TCFD, and UN SDGs.

Key Details

• Released 2025 Environmental, Social, and Governance (ESG) Report.
• Invested $6.8 million in energy efficiency projects, with nearly half allocated to solar photovoltaic installations across 13 buildings.
• Reduced total greenhouse gas emissions by 12.5% and carbon intensity by 9.9% year-over-year.
• Contributed $3.3 million in affordability assistance and maintained over 800 units with long-term affordability commitments.
• Increased employee volunteer day usage by 97% year-over-year.
• Joined the Accelerating Accessibility Coalition (AAC) and earned "Inclusive Workplace" recognition by Best Companies Group.
• Completed 227 hours of cybersecurity training and implemented an artificial intelligence (AI) policy.
• Report aligned with GRI 2021 Universal Standards, SASB Real Estate Standard, TCFD recommendations, and UN Sustainable Development Goals.

Notable Quotes

• Philip Fraser, President and CEO: "Sustainability has long been embedded in how we operate, invest capital, and plan for the future. We approach ESG the same way we approach all our business decisions, with a focus on long-term performance, accountability, and doing the right thing."