Issuing yet another open letter to pressure companies into one action or another, Land & Buildings has targeted American Homes 4 Rent. 

Stating that it is a "significant shareholder of American Homes 4 Rent," the firm noted "concerns around the company's failure to adopt any significant environmentally friendly home policies and its intention to vote against the re-election of all members of the Board's Nominating and Corporate Governance Committee at the upcoming 2022 Annual Meeting."

"Surprisingly, a review of AMH's publicly available ESG policies is silent on the topic of using solar roofs until last week's announcement of a small pilot program with Elevation for solar energy primarily related to the company's amenity centers," Land & Buildings wrote. "Our last discussion with CEO David Singelyn and CFO Chris Lau made clear to us that the company is not taking the necessary steps to lead the industry in environmental home standards."