ESG Strategy
A critical guiding element is a comprehensive ESG framework with executable strategies that are a fundamental consideration in each part of the investment lifecycle from due diligence to repositioning, operating and stabilization, and through to disposition. Our ESG objectives and initiatives are focused around reducing our impact on the environment, managing climate associated risk, bettering the communities that we operate in, creating a great place to work for our employees, all while delivering exceptional returns to investors.
Energy efficiency projects concentrating toward sustainability focused practices and Climate Risk assessment
Engagement with community organizations and thoughtful tenant selection considering impact on the community
Rigorous approval processes supported by highly experienced Advisory Board and institutional grade accounting and cash control systems
Environmental
Climate risk assessments performed as part of due diligence process
Energy efficient capital projects to have assets benefit from immediate cost savings and long-term resiliency
Development projects to have expanded use of sustainability-focused construction practices such as timber frame and geothermal
Finding opportunities to reduce GHG emissions through de-mall projects, property level waste reduction and recycling programs, installing EV chargers wherever the need is recognized, etc.
Social
Identify opportunities for cooperation with community organizations (ie low or no cost space for charity operations)
Intensification of under-utilized property to provide additional housing supply with an effort made to add affordable units where possible.
Thoughtful tenant selection to create community focused complementary service offerings at all of our properties.
Targeted, employee driven fundraising campaigns to assist local charities.
Governance
Institutional grade accounting software, Yardi Voyager, with built in cash controls
Advisory board comprised of with both lead fund investors and seasoned industry veterans
Professional and independent annual financial audits
