Vanbarton Group
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Established best practices for sustainable operational practices to reduce energy consumption, water usage, waste and carbon emissions based on LEED, WELL, and IREM principles.
- Evaluates environmental and ESG-related risks during acquisitions due diligence with third-party consultants.
- Benchmarks energy usage annually in ENERGY STAR Portfolio Manager and pursues ENERGY STAR certification for eligible assets.
Social Achievements
- Instituted policies and procedures related to social responsibility, including an Equal Employment Opportunity Policy, Anti-Harassment Policy, annual training program, and Responsible Contractor Policy.
- Supports organizations that promote diversity, equity, and inclusion.
- Gives back to local communities through social impact initiatives, corporate donations, and fundraising event sponsorships.
Governance Achievements
- Established an ESG Committee with representation from legal, compliance, acquisitions, investor relations, and marketing.
- Implemented a corporate compliance program with mandatory training on the Compliance Manual and Code of Ethics.
- Designated a Managing Director of ESG Initiatives for oversight and progress of ESG initiatives.
Climate Goals & Targets
Long-term Goals:
- Incorporate ESG into the fabric of the Firm so that all employees engage in the program and its implementation.
Environmental Challenges
- Developing regulatory legislation in major U.S. markets covering ESG and property efficiency.
Mitigation Strategies
- Vanbarton examines, monitors, and makes diligent efforts to comply with these regulations as part of its investment and asset management activities.
Supply Chain Management
Responsible Procurement
- Responsible Contractor Policy