There is a critical interdependence between human health and the health of our planet, driving our deep commitment to incorporating environmentally friendly strategies, technologies, and best practices in our real estate portfolio.

Our internally managed Environmental Management System provides us with the structure to evaluate, monitor, and improve our sustainability performance. We strive to reduce our environmental impact through various methods including tracking utility consumption, implementing efficiency measures and incorporating renewable energy strategies like green power purchasing.

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10% Reduction in GHG Emissions by 2025
In 2019, Welltower set a goal to reduce GHG emissions intensity by 10% over a 2018 baseline. As of 12/31/2022, we have achieved a 12.2% reduction in Scope 1 & 2 GHG emissions intensity, surpassing our original goal ahead of schedule.
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10% Reduction in Energy Usage by 2025
Welltower regularly engages with its seniors housing operators and medical office building managers to ensure our properties are regularly assessing their energy usage and implementing best practices to further reduce energy consumption. Our initial goal was to reduce our energy usage intensity within our control boundary 10% by 2025 over a 2018 baseline. As of 12/31/2022, we have surpassed this goal, achieving 11% control boundary energy savings over our 2018 baseline. In 2022, Welltower used over 51,000,000 kilowatt-hours of green power, over twice as much as in 2021.
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10% Reduction in Water Usage by 2025
Welltower has developed and implemented our ‘Performance Playbook: A Guide for Senior Housing Efficiency and Excellence’ to help guide our operators in performing water leak detection tests and transitioning to low-flow water fixtures. The Playbook, among many other initiatives, highlights Welltower’s action-oriented commitment to reducing water use from a 2018 baseline. Welltower has achieved an 8.7% water usage intensity reduction within its control boundary over its baseline as of 12/31/2022.
In 2022, Welltower set a new, near-term target to reduce our Scope 1 and 2 (market-based) GHG emissions 28% by 2030 over a 2019 baseline. This target has been approved by the Science Based Targets initiative.

Building Certifications

As of 2022, Welltower is proud to hold the following certifications:

8 LEED Certified Properties
8 BREEAM Property Certifications
19 IREM Certified Sustainable Property Certifications
58 ENERGY STAR® Certified Properties
45 Properties with Energy Performance Certificate (EPC) Grades B or Above
1 WELL Certified Property

Green Bond Framework

Welltower executed its first $500 million green bond in December 2019 and its second $550 million green bond in March 2022. Proceeds from green bonds will be used to fund renewable energy, water conservation, energy efficiency and green building projects. Welltower is proud to be the first U.S. healthcare REIT to complete a green bond offering and to continue expanding on our leadership in ESG.

All data is as of July 2023 unless noted otherwise.