UMH Properties Inc..
UMH.US | Real estate activities with own or leased property
UMH Properties, Inc. is a publicly traded real estate investment trust (REIT) that owns and operates manufactured home communities. The company focuses on acquiring, developing, and managing manufactured home communities, primarily in the eastern United States. UMH Properties leases homesites to res...Show More
Better Health for All
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UMH Properties, Inc. operates manufactured home communities, a real estate business.
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The company's core products and services, such as providing housing, do not have a direct, significant positive or negative health impact as defined by the 'Better Health for All' value, which focuses on medical treatments, preventative healthcare, and wellness programs. Consequently, its net health effect is neutral. There is no evidence that UMH's revenue is derived from products or activities with well-established negative health outcomes.
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Furthermore, the company does not offer health-related products or services requiring accessibility considerations, collect health-related data, or engage in activities related to pharmaceutical patents, food safety, addiction mitigation, or clinical trials, making these KPIs not applicable to its operations.
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Fair Money & Economic Opportunity
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No evidence was found in the provided articles to assess UMH.US against any of the KPIs for the 'Fair Money & Economic Opportunity' ethical value. The articles focus on the company's real estate operations, such as the number of manufactured home communities
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and rental homes, and a sustainable finance framework
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. They do not provide data on consumer lending, financial product terms, customer demographics related to financial services, financial literacy initiatives, or regulatory compliance specific to fair lending practices.
Fair Pay & Worker Respect
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The company's CEO-to-median employee pay ratio was 71:1 in 2024, with the median employee pay at $49,558.
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This ratio was 45:1 in 2020.
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Employee benefits include 401k with company matching, health, vision, and dental insurance, paid sick and vacation days, and stock awards.
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The company has a Human Rights Policy, prohibits forced and child labor, and maintains anti-discrimination policies.
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It achieved ISO 45001 certification for occupational health and safety for its home office and conducts OSHA health and safety training.
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Employee satisfaction, based on Glassdoor reviews, averages 3.6 out of 5 stars, with 54% of employees recommending working there.
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A collective action filed in 2018 alleging failure to include commissions/bonuses in regular rate of pay for overtime calculation was dismissed.
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The company incurred a workplace safety or health violation in 2019 with a $6,500 fine, and another in 2014 with a $9,450 fine.
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Fair Trade & Ethical Sourcing
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No specific, quantitative data regarding fair trade certification share, supplier audit frequency, forced or child labor incidents, supply chain traceability coverage, remediation speed for violations, ethical clause coverage in supplier contracts, share of spend on high-risk materials, or supplier diversity spend was provided in the articles.
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Honest & Fair Business
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UMH Properties has 66.67% independent directors on its board, with 8 out of 12 directors deemed independent as of May 29, 2024
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, consistent with reports of over 60% or two-thirds independence.
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The company has a comprehensive whistleblower policy that protects employees from retaliation
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, ensures claims are investigated
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, and provides for anonymous submission of accounting, internal control, and auditing complaints.
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UMH maintains a strict anti-money laundering program
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and explicitly states it does not tolerate bribery or corruption at any level
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, with Board-level oversight for community acquisitions.
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Compliance with anti-bribery and anti-corruption laws is emphasized in its Code of Business Conduct and Ethics and Vendor Code of Conduct.
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The company engages in significant third-party verification, including rigorous assessments by Sustainalytics in 2022 and 2023
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, review of its Sustainable Finance Framework
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, and working with a third party for accurate energy, water, waste, and carbon emissions data.
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It also has ISO 45001 certification for occupational health and safety
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and retains an independent public accounting firm whose independence and performance are reviewed annually.
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No specific scores for transparency or ESG controversy benchmarks, or quantitative data on regulatory fines, financial restatements, audit coverage, or complaint resolution times are available.
Kind to Animals
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UMH Properties Inc. operates as a real estate investment trust (REIT) focused on manufactured home communities. Its core business model does not involve activities such as product manufacturing, animal testing, animal agriculture, or the sourcing of animal-derived ingredients. Consequently, most KPIs related to animal welfare are not applicable to the company's operations, aligning with the 'N/A' tier in the rubric. While the company engages in activities like planting flora to provide habitats for local wildlife
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and restocking ponds to enhance local biodiversity
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, the provided evidence does not include measurable biodiversity impact metrics or the percentage of revenue allocated to these conservation efforts, which are required for scoring the wildlife_conservation_impact KPI, leading to its omission.
No War, No Weapons
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The provided articles, including summaries of the 2023
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and 2024
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Sustainability Reports and a list of corporate documents,
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explicitly state that they do not contain any data relevant to the 'No War, No Weapons' ethical value or its associated metrics. Therefore, no assessment can be made against the specified KPIs.
Planet-Friendly Business
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The company reported zero environmental violation incidents and 100% compliance with EPA regulations.
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It uses recycled materials in 42% of its new developments.
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The company has developed a Sustainable Finance Framework which is currently undergoing third-party review.
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Respect for Cultures & Communities
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The provided article announces the publication of UMH Properties, Inc.'s 2024 Sustainability Report
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and lists operational statistics such as the number of manufactured home communities, developed homesites, rental homesites, and self-storage units
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. However, it explicitly states that it does not provide any details from the report itself
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, resulting in significant data gaps for the metrics relevant to 'Respect for Cultures & Communities'. Therefore, no specific, concrete data points are available to score any of the KPIs for this ethical value.
Safe & Smart Tech
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No specific quantitative data or concrete facts were provided in the articles to assess UMH Properties Inc. against any of the 'Safe & Smart Tech' KPIs. The articles either explicitly stated 'no data' for the relevant metrics
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or described processes without providing the necessary quantitative details required by the rubric for scoring.
Zero Waste & Sustainable Products
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UMH Properties Inc. demonstrates strong material efficiency and waste reduction through its core business model. Offsite construction methods reduce waste generated per home by as much as 83% compared to site-built counterparts
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, and modern, technology-driven processes further reduce material waste by up to 83%.
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The company also reuses excess materials in subsequent manufactured homes.
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Manufactured homes built to HUD Code standards withstand chronic wear better than site-built peers.
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In 2023, UMH achieved a waste diversion rate of 24.22%, supported by strategically placed recycling bins in all communities where accepted.
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Furthermore, UMH encourages its vendors and suppliers to minimize their environmental impact, including waste and hazardous materials, through its Vendor Code of Conduct.
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