Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Social responsibility
• Employee well-being
• Governance

Social Achievements

• A 'Great Place to Work' certified company

Governance Achievements

• Three of our seven board directors are female and six are independent, including our chairperson. Only independent directors serve on the board’s committees

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Social Responsibility
• Environmental Stewardship

Environmental Achievements

• Integrated environmental risk oversight into due diligence process
• Focused on reducing operational environmental footprint
• Updated facilities with energy-efficient lighting and switches at HQ

Social Achievements

• Earned "Great Place to Work" designation
• Developed and published policies on human rights, anti-human trafficking, child labor, anti-bribery, and anti-corruption
• Board composition boasts 50% female representation and 25% representation from underrepresented groups
• Workforce comprises 50% female employees and 31% people of color

Governance Achievements

• Delegated specific ESG responsibilities to the Audit and Risk Committee
• Established an ESG Committee led by the CEO
• Seven of eight Board members are independent

Climate Goals & Targets

Environmental Challenges

• Triple-net lease structure limits ability to influence tenants' environmental practices

Mitigation Strategies

• Integrated environmental risk oversight into due diligence process
• Proactive in advocating for sustainable practices among tenants
• Developing new strategies for tenant engagement and methods for gathering environmental data

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRESB, SASB, GRI

Awards & Recognition

• "Great Place to Work"

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Social responsibility
• Employee well-being
• Governance

Social Achievements

• A 'Great Place to Work' certified company
• Four of eight board directors are female, seven are independent

Governance Achievements

• Best-in-class corporate governance structures and compensation practices

Climate Goals & Targets

Environmental Challenges

• Rising inflation and interest rates increasing interest expense, unhedged debt costs, overhead, and decreasing investment spreads and dividend yield

Mitigation Strategies

• Maintaining conservative leverage and coverage metrics, focusing on a predominantly unsecured capital structure, minimizing floating rate exposure, maintaining a staggered debt maturity schedule, strong liquidity profile, and conservative dividend payout ratio

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Social Responsibility
• Environmental Stewardship

Environmental Achievements

• Minimized operational footprint at corporate headquarters through energy efficiency and waste reduction.
• Incorporated environmental risk oversight into due diligence process for property acquisitions.

Social Achievements

• Earned recognition as a "Great Place to Work."
• Achieved 50% female representation and 25% representation from underrepresented groups on the Board of Directors.
• Workforce comprises 45% women and 33% people of color.

Governance Achievements

• Formalized ESG oversight within the Audit and Risk Committee.
• Established a management-level ESG Committee led by the CEO.
• Majority Independent Board with seven independent directors and an independent chairperson.
• Implemented various policies including Code of Business Conduct & Ethics, Supplier Code of Conduct, Insider Trading & Stock Ownership Policies, Anti-Bribery & Anti-Corruption Policy, and Whistleblower Policy.

Climate Goals & Targets

Environmental Challenges

• Triple-net lease structure presents unique challenges in controlling tenants' environmental practices and energy consumption.

Mitigation Strategies

• Actively engaging with tenants, encouraging them to adopt sustainable practices.
• Developing new strategies to gather environmental data from leased properties.
• Implementing energy efficiency measures at corporate headquarters (LED lighting, smart switching systems).

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct encourages ethical behavior and sustainable practices.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRESB, SASB, GRI

Awards & Recognition

• "Great Place to Work"