Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE:
MPW) today announced that it has been recognized on Newsweek’s list
of America’s Most Responsible Companies in 2024. This prestigious
award was presented by Newsweek and Statista, Inc. (“Statista”),
the world-leading statistics portal and industry ranking provider,
on December 6th, 2023, and can currently be viewed on Newsweek’s
website.
“We are honored to be recognized amongst America’s most
responsible companies,” said Edward K. Aldag, Jr., Chairman,
President, and Chief Executive Officer. “Across our portfolio of
440 hospitals in nine countries, MPT is highly focused on ensuring
the environmental sustainability of our facilities, cultivating an
inclusive and supportive environment for our employees, and being
an active participant in the communities our hospitals serve.”
Newsweek and Statista reviewed 2,000 U.S. public companies and
considered more than 30 environmental, social, and corporate
governance factors in determining the final list of 600 companies,
which spans 14 industries.
MPT’s 2023 ESG Highlights:
- Increased collection and reporting of our Scope 1, 2, and 3
greenhouse gas emissions.
- Executed green lease provisions into new and renewed
leases.
- Strengthened sustainability disclosure by publishing alignment
to the Sustainability Accounting Standards Board (SASB) and the
Task Force on Climate-related Financial Disclosures (TCFD)
frameworks.
- Completed CDP’s 2023 Climate Change Questionnaire for the
second consecutive year.
- Strengthened our corporate policies related to human rights,
health and safety, anti-corruption, bribery, ethics, and business
conduct.
- Increased industry association involvement by joining Nareit’s
Real Estate Sustainability Council and Social Responsibility
Council and becoming a member of the U.S. Green Building
Council.
For more info about the Company’s Corporate Responsibility,
please visit the Responsibility section of our corporate website at
MPT Responsibility.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a self-advised real estate
investment trust formed in 2003 to acquire and develop net-leased
hospital facilities. From its inception in Birmingham, Alabama, the
Company has grown to become one of the world’s largest owners of
hospital real estate with 441 facilities and approximately 44,000
licensed beds as of September 30, 2023. Since the end of the third
quarter, the Company has sold four facilities and now owns
approximately 43,000 licensed beds in nine countries across three
continents. MPT’s financing model facilitates acquisitions and
recapitalizations and allows operators of hospitals to unlock the
value of their real estate assets to fund facility improvements,
technology upgrades and other investments in operations. For more
information, please visit the Company’s website at
www.medicalpropertiestrust.com.
About Newsweek
Newsweek is the global media organization that has earned
audience time and trust for more than 90 years. Newsweek reaches
100 million people each month with thought-provoking news, opinion,
images, graphics, and video delivered across a dozen print and
digital platforms. Headquartered in New York City, Newsweek also
publishes international editions in EMEA and Asia.
About Statista
Statista publishes hundreds of worldwide industry rankings and
company listings with high profile media partners. This research
and analysis service is based on the success of statista.com, the
leading data and business intelligence portal that provides
statistics, business relevant data, and various market and consumer
studies and surveys.
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements can generally be identified by
the use of forward-looking words such as “may”, “will”, “would”,
“could”, “expect”, “intend”, “plan”, “estimate”, “target”,
“anticipate”, “believe”, “objectives”, “outlook”, “guidance” or
other similar words, and include statements regarding our
strategies, objectives, future expansion and development
activities, asset sales, expected returns on investments and
expected financial performance. Forward-looking statements involve
known and unknown risks and uncertainties that may cause our actual
results or future events to differ materially from those expressed
in or underlying such forward-looking statements, including, but
not limited to: (i) the economic, political and social impact of,
and uncertainty relating to, potential impact from health crises
(like COVID-19); (ii) the ability of our tenants, operators and
borrowers to satisfy their obligations under their respective
contractual arrangements with us, especially as a result of the
adverse economic impact of the COVID-19 pandemic, and government
regulation of hospitals and healthcare providers in connection with
same (as further detailed in our Current Report on Form 8-K filed
with the SEC on April 8, 2020); (iii) our expectations regarding
annual guidance for net income and NFFO per share; (iv) our success
in implementing our business strategy and our ability to identify,
underwrite, finance, consummate and integrate acquisitions and
investments; (v) the nature and extent of our current and future
competition; (vi) macroeconomic conditions, such as a disruption of
or lack of access to the capital markets or movements in currency
exchange rates; (vii) our ability to obtain debt financing on
attractive terms or at all, which may adversely impact our ability
to pursue acquisition and development opportunities and pay down,
refinance, restructure or extend our indebtedness as it becomes
due; (viii) increases in our borrowing costs as a result of changes
in interest rates and other factors; (ix) international, national
and local economic, real estate and other market conditions, which
may negatively impact, among other things, the financial condition
of our tenants, lenders and institutions that hold our cash
balances, and may expose us to increased risks of default by these
parties; (x) factors affecting the real estate industry generally
or the healthcare real estate industry in particular; (xi) our
ability to maintain our status as a REIT for income tax purposes;
(xii) federal and state healthcare and other regulatory
requirements, as well as those in the foreign jurisdictions where
we own properties; (xiii) the value of our real estate assets,
which may limit our ability to dispose of assets at attractive
prices or obtain or maintain equity or debt financing secured by
our properties or on an unsecured basis; (xiv) the ability of our
tenants and operators to operate profitably and generate positive
cash flow, comply with applicable laws, rules and regulations in
the operation of our properties, to deliver high-quality services,
to attract and retain qualified personnel and to attract patients;
(xv) potential environmental contingencies and other liabilities;
(xvi) the risk that the expected sale of three Connecticut
hospitals currently leased to Prospect does not occur; (xvii) the
risk that MPT is unable to monetize its investment in PHP at full
value within a reasonable time period or at all; (xiii) the risk
that other property sales, loan repayments, and other capital
recycling transactions do not occur; (xix) the risk that MPT is not
able to attain its leverage, liquidity and cost of capital
objectives within a reasonable time period or at all; and (xx) the
risks and uncertainties of litigation.
The risks described above are not exhaustive and additional
factors could adversely affect our business and financial
performance, including the risk factors discussed under the section
captioned “Risk Factors” in our Annual Report on Form 10-K for the
year ended December 31, 2022 and as updated in our quarterly
reports on Form 10-Q. Forward-looking statements are inherently
uncertain and actual performance or outcomes may vary materially
from any forward-looking statements and the assumptions on which
those statements are based. Readers are cautioned to not place
undue reliance on forward-looking statements as predictions of
future events. We disclaim any responsibility to update such
forward-looking statements, which speak only as of the date on
which they were made.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231206110506/en/
Drew Babin, CFA, CMA Senior Managing Director of Corporate
Communications Medical Properties Trust, Inc. (646) 884-9809
dbabin@medicalpropertiestrust.com
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