Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Completed 4.6MW of solar projects
• Achieved 45 building certifications in 2023 (BREEAM in-service and LEED)
• Installed data monitoring in 19 buildings

Social Achievements

• 97.2% employee satisfaction rate
• Women's Mentoring Circle held 11 meetings
• Employee volunteer programs in multiple offices

Governance Achievements

• Expanded Board of Directors with four independent directors
• Annual Code of Ethics training for all employees
• Implemented policies to mitigate key risks around privacy, information security, and AI

Climate Goals & Targets

Environmental Challenges

• Challenging market conditions including elevated interest rates and hesitant tenants
• Increased competition in the industrial sector

Mitigation Strategies

• Adjusted funds’ capital structure by reducing leverage and exposure to floating rate debt
• Positioned portfolios for strong performance during slowing leasing

Supply Chain Management

Responsible Procurement

• Guidelines for sourcing local and sustainable materials for tenant improvements

Climate-Related Risks & Opportunities

Opportunities

• Solar energy generation
• Energy efficiency improvements

Reporting Standards

Frameworks Used: GRESB, ULI, UN PRI

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 11: Sustainable Cities and Communities

Cabot's initiatives contribute to these goals through employee well-being programs, renewable energy investments, sustainable development practices, and community engagement.