Creating Impact at Citizen Capital
At Citizen Capital, our work extends beyond traditional investment and real estate development—we see our role as community builders and catalysts for positive change. We are dedicated to creating substantial and lasting impact in the communities where we operate, and we do this in several ways:
Fostering Entrepreneurship: We provide opportunities for entrepreneurs and small business owners to thrive, creating a vibrant ecosystem of local businesses that fuel economic growth and contribute to the community’s uniqueness.
Revitalizing Properties: Our expertise lies in identifying underutilized properties and transforming them into community assets, breathing new life into neighborhoods while preserving their distinct character.
Promoting Fair Employment: We are committed to creating living wage jobs, fostering economic stability and better living standards for individuals and families in our communities.
Partnering with Local Nonprofits: We collaborate with local nonprofits to deliver essential services to our communities. These partnerships enable us to address community needs more effectively and contribute to the overall well-being of our neighborhoods.
Engaging the Community: Deep community engagement is at the heart of our work. We actively solicit input from local stakeholders, ensuring our projects align with their needs and serve the community in the best possible way.
Prioritizing Sustainability: We leverage environmentally friendly strategies in our construction projects and building operations. From using sustainable materials to implementing energy-efficient technologies, we are committed to reducing our environmental footprint.
Through these practices, we aim to create a ripple effect of positive change, making a meaningful difference in the lives of those in our communities. By investing with Citizen Capital, you become part of this impactful journey—generating returns while contributing to societal growth and improvement. Welcome to real estate investing with impact.
We’ve committed to our impact efforts through a robust ESG policy:
Environmental, Social, and Governance (ESG) Policy
Introduction:
At Citizen Capital, we believe responsible investing goes beyond the bottom line. It’s about creating a positive, lasting influence on the world around us. Our commitment to the Environmental, Social, and Governance (ESG) principles is more than a strategy – it’s an embodiment of our values and vision to reshape the future of real estate.
Environmental Stewardship:
We recognize the significant influence of real estate operations on the environment. That’s why we strive to reduce our carbon footprint by embracing sustainable practices, such as using energy-efficient materials in property development or installing solar panels to harness renewable energy. Moreover, our strategic investments in proptech innovation target solutions that minimize energy consumption, waste, and emissions. Our goal is to achieve a 25% reduction in our properties’ energy and water usage within two years of acquisition.
Social Responsibility:
We’re committed to more than just property development; we’re dedicated to community development. We aim to enhance community cohesion and livability by offering inclusive spaces and engaging local communities in our projects. For instance, we prioritize the creation of common areas in our properties that foster interaction and engagement among residents. We also value local job creation, maintaining fair labor practices, and promoting employee well-being and professional growth.
Transparent Governance:
Our corporate governance framework emphasizes accountability, fairness, transparency, and responsibility. We adhere to local and international regulations and maintain a culture of integrity. We champion diversity and inclusivity, with a target to achieve at least 40% representation of underrepresented groups in leadership roles by 2028. We believe in fostering a workplace where diverse perspectives spark innovative ideas and drive better decision-making.
Harnessing Proptech for ESG:
Proptech is not just about disrupting the industry—it’s about enhancing our ESG commitment:
- Environmental Impact: We invest in smart technologies, like automated building management systems and IoT devices, to optimize energy usage and promote sustainable development.
- Social Impact: Proptech solutions fortify our properties’ resilience against climate risks and improve tenant experiences. For instance, IoT-enabled security systems ensure safety, and smart thermostats enhance living comfort while conserving energy.
- Governance Impact: By utilizing data-driven insights from proptech, we make informed decisions about property management and asset performance, ensuring enhanced transparency and accountability.
Stakeholder Engagement and Accountability: We commit to an open dialogue with our stakeholders—investors, tenants, service providers, and the community—about our ESG performance. We will provide regular updates and reports on our ESG initiatives, progress towards our targets, and areas of improvement. This transparency allows our stakeholders to hold us accountable, fostering trust and fostering collaborative opportunities.
Continuous Improvement: While we are proud of our ESG foundation, we understand that our journey doesn’t end here. We will continuously review, assess, and enhance our ESG policy to adapt to societal and environmental needs, setting new benchmarks for ourselves and for the industry. After all, we’re not just building better properties—we’re building a better future for us all.
Josh Fuhrer
Founder, Citizen Capital