Covenant Capital Group takes an active, social and philanthropically minded role in the communities in which it lives and works. It invests primarily in markets where its employees directly know the community, and looks to make a lasting, positive impact on their future, not only in sustaining strategically important apartment communities, but in investing in organizations making a meaningful impact.
In 2017, Covenant and its employees financially supported more than 50 causes and nonprofits across its investment footprint which is a testament to their dedication to social impact.
Covenant has focused its attention on organizations dedicated to improving the economic and social conditions of communities in need.
Environmental, Social and Governance
Covenant is driven by its own environmental, social and governance policy, to ensure it is maximizing its potential for good in everything it does. In regard to the environment, Covenant regularly seeks to revitalize aging apartments that are operating inefficiently and positions them for a long-term energy efficient future that benefits residents, neighbors and communities. In social, Covenant has a commitment to providing a safe environment to residents – this includes its renovation process that modernizes important aspects of the apartment communities making them more secure.
In the last decade, Covenant has invested nearly $300 million in renovations that extend the life of apartment properties, improving communities and increasing environmental efficiencies in the process.
Covenant believes in the value of ESG and is driven by it in all facets of its work.