Comstock Releases 2023 ESG Report

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03/20/2024 - 05:13 PM

Report highlights numerous achievements in sustainable development & community engagement

RESTON, Va.--(BUSINESS WIRE)-- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced the online publication of their 2023 Environmental Social Governance (“ESG”) Report. The report details the many meaningful ways that Comstock has demonstrated its commitment to environmental sustainability, social responsibility, and robust governance practices.

“Our 2023 ESG Report demonstrates our clear dedication to improving all aspects of corporate responsibility each year,” said Chris Facas, Senior Vice President of Commercial Real Estate Services at Comstock. “We continue to promote sustainable development practices and have introduced many new green initiatives across all our managed properties. In 2023, we engaged our community residents through a diverse array of entertaining and philanthropic events, and we were once again named one of the best workplaces in the D.C. region by multiple publications. I am proud of our accomplishments and the positive impacts they have had on our business and the surrounding local communities we serve.”

Comstock acknowledges the significant impact of real estate development on communities, regions, and the environment. Through its ongoing development of mixed-use, transit-oriented neighborhoods that feature high-quality public spaces, sustainable amenities, and diverse land uses, Comstock is actively contributing to reducing congestion, lowering travel time and emissions, and fostering tight-knit, environmentally friendly communities.

For more information, please visit: https://comstock.com/corporate-responsibility

About Comstock

Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio that includes approximately 10 million square feet of stabilized, under construction, and planned assets that are strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com.