Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company” or “EPRT”) released its inaugural Corporate Responsibility Report highlighting the Company’s Environmental, Social and Governance (ESG) initiatives and progress in 2022 (the ‘2022 Corporate Responsibility Report’). EPRT aligned its 2022 Corporate Responsibility Report with the Sustainability Accounting Standards Board and the Task Force on Climate-related Financial Disclosures standards.
“This 2022 Corporate Responsibility Report is an important step in our continued commitment to ESG,” said Pete Mavoides, President and CEO of EPRT. “We believe achieving our ESG goals will be a meaningful contributor to maximizing stockholder value.”
Essential Properties Realty Trust’s 2022 Corporate Responsibility Report is available on its corporate website at: https://essentialproperties.com/corporate-responsibility/
About Essential Properties Realty Trust, Inc.
Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. As of December 31, 2022, the Company’s portfolio consisted of 1,653 freestanding net lease properties with a weighted average lease term of 13.9 years and a weighted average rent coverage ratio of 4.0x. In addition, as of December 31, 2022, the Company’s portfolio was 99.9% leased to 350 tenants operating 538 different concepts in 16 industries across 48 states.
Essential Properties Realty Trust, Inc.
Daniel Donlan, Senior Vice President, Capital Markets & Portfolio Management