In its newly released 2024 Sustainability Report, Starlight Investments identifies the progress its made toward advancing key sustainability objectives. The report highlights major strides in environmental, housing, and community initiatives, underscoring its mission to “invest with impact”.

“Sustainability is a central pillar of our business strategy that shapes both our long-term vision and day-to-day operations,” said Glen Hirsh, Chief Operating Officer, Starlight Investments. “We are focused on actions that aim to create a lasting positive impact in the communities we serve. By prioritizing ambitious targets, transparency and engagement, we are laying the groundwork for a more sustainable and inclusive future.”

In 2024, the company invested $48.3 million in energy and water retrofits as part of its continued effort to achieve net-zero emissions by 2050. Since 2019, it has reduced carbon emissions intensity by 21 per cent and energy intensity by 16 per cent. Addressing the housing shortage, Starlight has built 1,659 new rental suites through sustainable infill development while investing $2.3 billion over five years to upgrade and expand its properties. Meanwhile, the company has added 1,120 affordable rental suites, reserved for vulnerable populations through partnerships with 40 social housing organizations. The report also notes many charitable initiatives undertaken in 2024, including $542,000 in donations and over 1,000 volunteer hours committed during its annual Impact Day.

Starlight’s dedication to a people-first culture earned it recognition among OnConferences’ Top 50 Human Resources Team Award winners, alongside expanded wellness initiatives and ongoing diversity and inclusion efforts.

“In 2024, we refined our Sustainability Action Plan to set more focused objectives and initiatives. Sustainability is embedded across our operations, from investment analysis to property management, and is directly linked to performance metrics,” said Marlee Kohn, Vice President, ESG, Starlight Investments. “Looking ahead, we remain committed to driving our sustainability program forward and moving the dial on the environmental and social priorities that matter most to our stakeholders.”

For the full report from Starlight Investments, click here: Starlight – 2024 Sustainability Report