About Tricon Residential
Sustainability
Connecting today’s communities to tomorrow, sustainably.
We deliver on our commitments to our stakeholders through our sustainability strategy which integrates responsible investing, environmental stewardship, inclusive workplaces, community benefits and sound corporate governance.
2023 Sustainability Report
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CEO LETTER
From Gary Berman
To Our Stakeholders,
At Tricon Residential, we recognize that our responsibility as a housing provider goes beyond supplying residents with a space to live. We are committed not only to housing our residents but also to enriching their lives and the communities in which we operate.
By providing residents with effortless and exceptional rental experiences, we give them the opportunity to spend time on what they value most – connecting with their families, neighborhoods and communities, allowing them to unlock life’s potential.
38,000
Hours of Training Delivered to Employees in 2023
100%
Of Roles Analyzed in 2023 Audit Achieved Pay Equity
72,000
Highly efficient, ENERGY STAR®-rated appliances installed in our homes over four years
3M sq./ft.
Targeting LEED Gold-Certified Space in our Canadian Multi-Family Rental Portfolio
8,200
Hours Devoted to Volunteer Service
Tricon Sustainability Pillars
Key 2023 Metrics
Our Major Initiatives
As a residential real estate company focused on rental housing in North America, we have a responsibility to enhance the communities in which we operate. We are committed to working with our investors and partners to build sustainable communities that enrich the lives of our residents and enhance the surrounding environment.
Tricon Vantage
A market-leading program providing U.S. residents with tools and resources to enhance long-term financial well-being. We believe that when families have the tools necessary to enhance their financial stability, our residents and the entire community prospers. That is why we introduced Tricon Vantage in 2021, our signature resident program, which is unparalleled in the U.S.
Tricon Vantage represents the evolution of Tricon’s resident centric approach to single-family rental property management.
Our six Tricon Vantage programs include:
Self-Govern Renewal Rent Increases
Credit Builder Program
Financial Literacy Program
Resident Down Payment Assistance Program
Resident Emergency Assistance Fund
Resident Home Purchase Program
Tricon’s Resident Bill of Rights
For our Single Family Home Residents
Tricon believes that housing is the key to unlocking life’s potential, and we are proud to put our residents first. We take the responsibility of being a housing provider seriously and consider it a privilege to have the opportunity to positively impact our residents’ lives. With our industry-first Resident Bill of Rights, our residents can count on Tricon to provide a quality home with genuine, caring and reliable service.
Founders Day
Inspired by Tricon co-founders David Berman and Geoff Matus, our annual Founders’ Day celebration showcases how the Tricon family extends beyond our corporate doors and into the communities we have the privilege of helping to build. Each year, we provide our employees with the opportunity to contribute to charitable causes across the communities we serve. To commemorate Founders’ Day in 2021, more than 700 Tricon employees participated in community service with 14 organizations across North America, including Project Destined, Red Door Family Shelter, BlackNorth Initiative, and Work for Warriors.
Zero Carbon Multi-Family Community
5207 Dundas Street West
Toronto, Canada
Tricon, in collaboration with our partners, is actively developing a mixed-use community featuring both affordable and market-rate rental homes, totaling 725 residential units, with 30 percent dedicated to affordable housing. Project aims to target Toronto Green Standard (TGS) Version 3 Tier 3, attain LEED Gold-level certification and embrace the Canada Green Building Council’s Zero Carbon (CaGBC ZCB) program.
Reporting Archives
Our documented progress toward a more sustainable future
More from Tricon Residential
About Us
At Tricon, we feel honored to be able to provide people with a place to call home and we take that responsibility seriously. As a people-first company, we firmly believe it is our duty to be a good corporate citizen and a responsible housing provider.
Giving Back
We’re committed to bettering the lives of the people who live in our communities. Our commitment to social responsibility extends to all of our stakeholders, including employees, customers, communities and investors. However, we believe that social responsibility starts at home.
Careers
Start an exciting career journey with Tricon Residential. We offer opportunities for talented individuals who are passionate about making a positive impact in the lives of our residents and communities.