Self-Storage REIT National Storage Affiliates Trust Publishes Annual ESG Report

Self-storage real estate investment trust (REIT) National Storage Affiliates Trust (NSAT) has released its 2023 ESG (environmental, social and governance) report, which highlights the company’s ESG accomplishments and initiatives for the 2022 calendar year. The full report and related policies can be found at nationalstorageaffiliates.com/esg/governance.

Per the report, NSAT continued to expand the LED-lighting initiative it started in 2018 and has now retrofit more than 900 of its facilities. The company is also using Measurabl, an ESG and sustainability data-management platform, to track and report its utility and greenhouse-gas emissions data, according to a press release.

The REIT’s social initiatives include a partnership with Feeding America that last year provided 1.5 million meals through the organization’s network of food banks. NSAT also launched a Diversity, Equity, Inclusion and Belonging Committee.

Headquartered in Greenwood, Colorado, NSAT is a self-administered and -managed REIT focused on the acquisition, operation and ownership of self-storage properties within the top 100 U.S. Metropolitan Statistical Areas. The company operates 1,117 storage facilities in 42 states and Puerto Rico. Its portfolio comprises approximately 72.8 million net rentable square feet. It's owned by its affiliate operators, who are contributing their interests in their self-storage assets over the next few years as their current mortgage debt matures.

Source: National Storage Affiliates Trust, National Storage Affiliates Trust Releases 2023 ESG Report