Our Commitment

Doing the right thing for people and the planet.

Our ESG Vision:
Create healthy, sustainable environments with a sense of community and connection by giving back, investing in our employees and driving long-term value for all stakeholders.

We are committed to proactively tackling ESG issues, making a positive, measurable impact and sharing our progress. We have formalized an internal multi-departmental ESG team, reporting directly to our president. In 2019, we also created Environmental, Social and Governance task forces, which will manage and implement our roadmap of ESG initiatives. These initiatives are all related to the strategic focus areas identified in our materiality assessment.

2019 Highlights

Published an ESG Letter of Commitment

Completed materiality assessment and identified strategic focus areas

Completed a SWOT analysis along with benchmarking against other industry leaders

Formed internal ESG task forces

What ESG means at ACC

Our processes, policies, practices and impact with regard to:

  • Environmental

    Environmental

    The natural environment

  • Social

    Social

    The people with whom we interact

  • Governance

    Governance

    The way we organize, regulate, measure and share our business activities

Northeastern

Identifying the issues that matter most.

In 2019, we worked with third-party experts at Sustainability Business Consulting to conduct a materiality assessment, which identified and prioritized the issues most important to our stakeholders, investors, industry and our business. We used these issues to define our strategic focus areas for our ESG initiatives.

We engaged the following ACC stakeholder groups in interviews, focus groups and surveys: home office employees, field staff, residents, universities and partners, and vendors.

Primary ACC ESG Issues Grouped into Strategic Focus Areas

  • Building Design and Development

    • Climate change adaptation and physical risk analysis
    • Building quality and safety
  • Resource Management

    • Energy and greenhouse gas reduction
    • Water conservation
    • Waste reduction
  • Governance and Strategy

    • Ethics and integrity
    • External communication and reporting
    • Governance structure and accountability
    • Compliance and anti-corruption
    • Partnerships and industry collaboration
    • Leadership engagement
    • Stakeholder engagement
  • Employees and Team Members

    • Compensation and benefits
    • Career development
    • Diversity and equality
    • Philanthropy and volunteering
  • Resident Engagement

    • Diversity and equality
    • Philanthropy and volunteering
    • Career development

2020 Strategic Roadmap

  • Publish 2019 ESG Summary

  • Capture and analyze data on energy use, water use and waste diversion

  • Evaluate the requirements to complete a greenhouse gas emissions inventory

  • Select and implement the Sustainability Accounting Standards Board (SASB)’s standards as our ESG guidance framework

  • Align appropriate ESG practices into routine processes and plan the implementation of an energy management system