Our ESG Commitment

Through Enterprise’s environmental, social and governance (ESG) framework, we are committed to responsible investing: 

  • To drive resiliency-enhancing opportunities for residents and communities. 
  • To create positive financial results while managing risk for our investors. 

Sustainability Vision and Framework

Enterprise's Sustainability Vision and Framework Infographic

Over one hundred stakeholders in the affordable housing finance, policy, and programmatic space were engaged to help inform our ESG approach.

Our ESG Policy 

Solar panels installed on a rooftop

ESG is an important tool to manage risk, advance our core values, achieve long-term investment returns, and generate positive impact for the residents and communities in which we invest.

  • Product Development: develop capital products that address market gaps and investor needs.
  • Originations and Acquisitions: factor in mission alignment; location, with an eye towards disaster vulnerability and risk mitigation; affordability; quality and appropriateness for resident base; public sector alignment, and more.
  • Transaction Screening: review transactions with an ESG lens prior to bidding.
  • Underwriting: apply ESG principles to the underwriting phase help ensure the long-term sustainability of a given development.
  • Asset Management: as fiduciaries to investors, we help oversee the long-term success of our investments.
  • Asset Disposition: assets approaching maturity will be transitioned as responsibly as possible, prioritizing continuation of affordability beyond the life of our investment. 

Focus Areas 

Our Capital ESG policy is focused on several key areas:

Multigenerational family standing outside
  • Housing Affordability and Accessibility: affordable housing should be widely accessible to all, and many projects we finance are designed to serve specific vulnerable populations, including justice-involved individuals, veterans, seniors, and individuals who have experienced homelessness.
  • Climate Risk and Resilience: our investments consider changing climate conditions with an eye toward serving as anchors in the community:
    • locations are reviewed for risk exposure and project design is adjusted, if necessary, to reduce climate risk and increase resilience.
    • efficiency and conservation are prioritized to reduce GHG emissions, lower costs and adapt to the energy transition.
  • Customer and Resident Engagement in Product and Service Development: we aspire to consistently incorporate and balance the requirements of each stakeholder in the process.
  • Diversity, Equity, and Inclusion (DEI): we are committed to DEI inside and outside our organization: internally, reflecting our own company culture, leadership (including board), and staff; and externally, representing the communities and various stakeholders we serve.
  • Resident Health, Safety and Comfort: the developments we invest in should be suitable for residents and most conducive to quality of life.