UDR Corporate Responsibility
Our Commitment to Corporate Governance
UDR has a history of strong corporate governance guided by three primary principles – dialogue, transparency and responsiveness. Our Board has adjusted our governance approach over time to align with evolving best practices, drive sustained shareholder value, and serve the interests of shareholders. We enhance our policies and procedures when our Board determines that it would benefit our Company and shareholders to do so. We maintain a page on our website that includes key information about UDR’s corporate governance including governance documents and policies.
Governance Highlights
Short-Term Incentive
Modified the ESG component of our short-term incentive program to add rigor and align compensation with shareholder value.
707 Investor Interactions
Engaged with shareholders representing ~77% of common stock in 2024 and early 2025.
Governance/Stewardship
Met with 17 governance or stewardship teams representing ~51% of common stock in 2024 and early 2025.
Recognition
Named one of Newsweek’s America’s Most Responsible Companies for three consecutive years.
Governance Goals
Training and Development
Provide 100% of Associates training and confirm 95% or higher completion at any given time for the following training courses: Fair Housing, Diversity and Inclusion, Harassment, Business Ethics, IT Security, and Sexual Harassment.
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100% Provided opportunity for training
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Fair Housing – 95% completion
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Diversity, Equity, and Inclusion – 94% completion
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Preventing Workplace Harassment – 93% completion
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Ethics for Everyone – 93% completion
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IT Security Awareness – 97% completion
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Respectful Workplace for Employees – 93% completion
Governance Goals
Vendor Compliance
Perform internal and external compliance screening for all new vendors to ensure adherence to federal laws including:
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Patriot Act
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The Money Laundering Control Act
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Executive Order 13224
Governance Goals
Climate Risk Evaluation
Continue evaluating climate change risks as part of Enterprise Risk Management process. We use the SASB Climate Risk Categories (Physical, Transition, Regulatory) and the latest third-party climate risk assessment across our portfolio was completed in 2024 (RPC 8.5 scenario).
Governance Goals
Stakeholder Engagement
Regularly engage with shareholders and stakeholders to understand priorities and improve ESG disclosures:
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In 2024 and early 2025, we had 707 interactions with our investors through meetings and property tours (~77% of outstanding common stock)
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Met with key governance or ESG stewardship functions at investors (~51% of outstanding common stock)