Climate Change Data

Easterly Government Properties, Inc.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:37,000 MTCO2e
Scope 1 Emissions:6,000 MTCO2e
Scope 2 Emissions:31,000 MTCO2e
Total Energy Consumption:119,000,000 kWh
Water Consumption:83,000 kGal

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Initiation of sustainability Property Condition Assessments (PCAs) for all existing building acquisitions
  • Recognition by the U.S. Department of Energy’s Green Lease Leaders program for integration of sustainability-focused lease clauses
  • Recognition by the U.S. Environmental Protection Agency’s ENERGY STAR Certification Nation as a Premier Level recipient for having 16 ENERGY STAR certified buildings in 2022
  • Turned on a 326 kW solar photovoltaic (PV) array at FEMA – Tracy

Social Achievements

  • Donated nearly $30,000 to charities
  • Volunteered with Anacostia Riverkeeper, collecting 303 lbs of trash from the river
  • Participated in school supply and toy drives supporting over 40 children and 27,764 children respectively
  • Resumed Easterly Fit group workout initiative

Governance Achievements

  • Enhanced risk management strategy
  • Established climate change related goals
  • Implemented a robust enterprise risk management process overseen by the Board’s Audit Committee

Climate Goals & Targets

Long-term Goals:
  • Achieve 90% participation in annual employee engagement survey by 2025
Medium-term Goals:
  • Reduce overall water consumption of 5% by 2030
  • Reduce energy consumption by 10% by 2030
  • Increase diversity, equity, and inclusion (DEI) in hiring practices and implement DEI training across the Company by 2024
  • Achieve 90% participation in employee charitable giving or volunteerism by 2025
Short-term Goals:
  • Implement an employee engagement survey by 2023

Environmental Challenges

  • Reducing overall water consumption
  • Reducing energy consumption from non-renewable sources
  • Reducing both Scopes 1 and 2 emissions and energy use intensity
Mitigation Strategies
  • Analyzing each property and developing a plan for installing water efficiency measures
  • Analyzing additional opportunities for solar across the portfolio (PPAs, onsite ownership, or community solar)
  • Implementing energy conservation programs (LED lights, HVAC replacements, building automation/management systems optimization, and general operating adjustments)

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • ENERGY STAR Premier Level Certification Nation member
  • Silver Level Green Lease Leader

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:30.3k MTCO2e
Scope 1 Emissions:5,800 MTCO2e
Scope 2 Emissions:29.5k MTCO2e
Total Energy Consumption:114.2M kWh
Water Consumption:85k kGal

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • 4% decrease in energy usage from 2022 to 2023, equivalent to 3.7M lbs. of coal not burned.
  • Achieved 16 ENERGY STAR Certifications.
  • Lowered interest rate margin on credit facility by achieving certain third-party sustainability ratings.

Social Achievements

  • Achieved 93% participation in fall volunteer event and 79% participation in charitable giving campaign (over 90% total participation).
  • Launched first employee engagement survey with 81% participation.
  • Named one of the Washington Business Journal’s “Best Places to Work” for 2023.

Governance Achievements

  • Successful execution of CEO transition.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce energy use intensity 10% by 2030.
  • Reduce water use intensity 5% by 2030.
Short-term Goals:
  • Increase diversity, equity, and inclusion (DEI) in hiring practices and implement DEI training across the Company by 2024.
  • Achieve 90% participation in annual employee engagement survey by 2025.

Environmental Challenges

  • Maintaining water usage levels due to mission-critical nature of properties.
  • Balancing energy efficiency with operational needs of mission-critical facilities.
Mitigation Strategies
  • Internal audit of water fixtures and plumbing to inform future capital expense planning.
  • Using capital expenditures to upgrade aging equipment and operational planning to optimize building efficiency (HVAC and LED projects).
  • Managing HVAC warm up/cool down, building automation/management systems (BAS/BMS) optimization, installing low-flow fixtures, and preventative maintenance.

Supply Chain Management

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRESB

Certifications: ENERGY STAR, Green Globes

UN Sustainable Development Goals

  • 3 - Good Health and Well-Being
  • 6 - Clean Water and Sanitation
  • 7 - Affordable and Clean Energy
  • 11 - Sustainable Cities and Communities
  • 13 - Climate Action

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Washington Business Journal’s “Best Places to Work”