UDR, Inc. Publishes Fifth Annual Environmental, Social, and Governance (“ESG”) Report; Named 2023 Regional Sector Leader by GRESB

UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, today announced the publication of the Company’s fifth annual ESG Report, which can be accessed on the updated ESG section of the Company’s website at https://www.udr.com/esg/. The report summarizes the Company’s ESG achievements in calendar year 2022 and exhibits the Company’s progress towards its enhanced ESG goals.

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Concurrently, the Company announced that it scored an 87 on the 2023 GRESB survey and earned the Regional Sector Leader designation from GRESB as the top performing ESG company among its listed Multifamily Residential peers in the Americas. In addition, the Company achieved GRESB’s Public Disclosure rating of “A” for the fifth consecutive year.

“I am proud that GRESB has recognized UDR with the Sector Leader designation for the second time in the last three years due to our ongoing commitment to fostering an innovative and adaptive culture, investment in sustainability initiatives, and adherence to our comprehensive ESG strategy,” said Tom Toomey, UDR’s Chairman and CEO. “This achievement is a culmination of the efforts of our diverse and driven group of associates. I give special thanks to our Sustainability Team and all of my fellow UDR associates for their integral role in delivering economically viable ESG benefits to our stakeholders.”

The GRESB assessment is the global standard for ESG benchmarking and reporting for listed property companies, private property funds, and developers of real estate. GRESB evaluates real estate companies in areas such as management, governance, sustainability, environmental and social programs and policies. UDR scored well above the GRESB average in each of the survey’s three main categories which are environmental stewardship, social responsibility, and corporate governance. The Company attained a maximum score in social responsibility, a near-maximum score in corporate governance, and its overall score of 87 is well above the 2023 GRESB U.S. peer group average score of 79 and global average score of 75.