A commitment to sustainable development practices.
Wharton’s approach to ESG includes a commitment to as many sustainable development practices as possible — including state-of-the-art, energy-efficient equipment in all new developments, and the use of energy-efficient LED lighting in all properties we acquire and renovate. We undertake Phase I environmental assessments as part of due diligence on every property we evaluate, and we are committed to the remediation of any identified Recognized Environmental Concerns (RECs).
We also maintain a commitment to hiring only environmentally conscious general contractors, who are charged with using sustainable materials and superior energy performance systems across our portfolio, and providing our partners with comprehensive reports detailing our sustainability-focused efforts. Additionally, our approach includes providing a diverse and inclusive work environment for our employees, and active efforts to positively impact the economy of the communities in which we develop.