CubeSmart

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In the simplest terms, at CubeSmart, we own and operate self-storage facilities. In reality, what we do is much more than that. Many customers seek out storage when facing challenging life events. That’s why our mission is to simplify the challenges that accompany those circumstances – through innovative solutions, unparalleled service, and genuine care. That’s where our teammates come in. At CubeSmart we say that it’s what’s inside that counts. To us, this is far more than a tagline about storage. It is also about what you will find in a career here. We believe our teammates are the heart of all that we do, which is why we care deeply about the experience we offer. It’s also why we’ve been recognized twice as one of the 50 Most Engaged Workplaces in North America by Achievers, a global provider of employee engagement tools.

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3.4

Overall Excellence Rating

Industry

Commercial Real Estate

Category

Real Estate

ESG/Ethical Impact

At CubeSmart, our mission is to simplify the challenges our customers face through our innovative solutions, our commitment to customer service, and by treating them with genuine care. To deliver on our mission, day-in and day-out, we are committed to the sustainable growth of our business. To us, it’s about creating value for all of our stakeholders and corporate sustainability is key to ensuring long-term stability and growth. At CubeSmart, we are focused on minimizing the impact we make on the environment. Self-storage remains an exceptionally low-impact business as it consumes less energy and water while emitting fewer greenhouse gases than other real estate property types. Our solar program reduces our carbon footprint through the production of renewable energy while also producing attractive financial returns. In 2021, we completed 10 solar installations, bringing us up to 93 owned properties with operating solar panels. From 2019-2021, we upgraded all of our HVAC systems to equipment that meets Energy Star requirements and eliminates the use of R22 refrigerant which produces elevated CFC emissions. Since 2015, we replaced the exterior lighting with energy efficient upgrades. Over the next three years, we plan to replace interior lighting at over 170 stores to energy efficient LEDs. At 88 stores with elevated energy usage, we have installed energy management systems to monitor and automate the stores interior temperature and energy usage. Through technological advancements, including our SmartRental online lease, we have reduced paper and toner usage by over 50% at our stores.

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Awards Received

2023

Revenues

$39,100,000.00

Website Traffic

Employee Rating

3.2

Customer Rating

3.3

Company Size

1000-5000

ESG Risk Rating

4

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