Extra Space Storage recognized for sustainability
In November of 2021, Extra Space Storage was named Nareit’s annual Leader in the Light award for the second year in a row. This award is presented to real estate companies that demonstrate superior and sustained sustainability practices. The company was also given an A by The Global Real Estate Sustainability Benchmark, which rates 1,500 real estate companies, as their scores were well above the average of other global real estate companies. Extra Space Storage’s standing investment score improved by 23.0% in 2021 compared to 2020.
ESG|StructuralIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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