Climate Change Data

National Real Estate Advisors, LLC

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Achieved GRESB Green Star for the fifth consecutive year
  • Ranked #1 in peer group in the 2020 GRESB Real Estate Assessment Development Benchmark Report
  • Increased ESG data coverage to drive performance and inform business decisions
  • Implemented 274 unique sustainable initiatives across the portfolio
  • 6M+ square feet of LEED® and other green certified buildings since 2018
  • 8M+ square feet of ENERGY STAR® certified spaces since 2018
  • Reduced energy consumption in Sabey Data Center Properties by over eight million kWh with a 0.2 improvement in PUE

Social Achievements

  • Named one of 2020’s “Best Places to Work in Money Management” by Pensions & Investments for the sixth time in seven years
  • Community partnerships for initiatives like the East Market Dream Cycles Art Exhibition, colorful art installations, curbside pickup, and meal preparation for seniors
  • COVID-19 response focused on health and safety, business continuity, and job protection
  • Implemented health and wellness measures across office and multifamily properties

Governance Achievements

  • Engaged a nationally recognized ESG consultant to refine and expand corporate responsibility program
  • Increased ESG data coverage
  • Provided education on ESG principles and strategy across the organization
  • Management Committee is 50% female and 50% male
  • Working to align with the Task Force on Climate-related Financial Disclosures (TCFD)

Climate Goals & Targets

Medium-term Goals:
  • Reduce energy consumption by 5% overall during the next five years
Short-term Goals:
  • Refining benchmarking efforts to increase data coverage
  • Identifying assets with opportunities for improving environmental performance
  • Implementing strategies that improve asset performance

Environmental Challenges

  • COVID-19 pandemic
Mitigation Strategies
  • Pandemic response focused on health and safety, occupant wellbeing, business continuity, and protecting jobs
  • Enhanced cleaning protocols and focus on air quality

Supply Chain Management

Responsible Procurement
  • Responsible Contractor Policy and Principles

Climate-Related Risks & Opportunities

Physical Risks
  • Inland flooding
  • Tornadoes
  • Hurricanes
  • Coastal storm surge

Reporting Standards

Frameworks Used: GRESB

Certifications: LEED®, ENERGY STAR®