Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Responsibility
• Governance

Environmental Achievements

• Received Green Star recognition from GRESB for the seventh consecutive year.
• Completed the Company’s first climate risk assessment to advance alignment with the Task Force on Climate-related Financial Disclosures (“TCFD”).
• Improved alignment of Corporate Sustainability Report with the United Nations Sustainable Development Goals.
• Adopted the Company’s first Environmental Policy Statement.

Social Achievements

• Achieved “Top Workplaces” honors from the Baltimore Sun for over a decade.
• Maintained low illness and injury rates due to focus on employee safety and wellbeing.
• Disclosed gender and racial diversity of workforce in 2021 Annual Report on Form 10-K.
• Offered robust learning programs to all employees.
• Adopted a Human Rights Policy.

Governance Achievements

• Refreshed Board with the election of Raymond L. Owens and appointment of Lisa G. Trimberger as Chair of the Audit Committee.
• Amended the charter of the Nominating and Corporate Governance Committee to oversee ESG matters.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: LEED

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Responsibility
• Governance

Environmental Achievements

• Received Green Star recognition from GRESB for the eighth consecutive year.
• Published the Company’s first climate risk assessment aligning with the Task Force on Climate-related Financial Disclosures (“TCFD”) identifying our strategy, risk management, metrics and targets, and opportunities.
• Continued to improve alignment of Corporate Sustainability Report with the United Nations Sustainable Development Goals.

Social Achievements

• Employee engagement programs to enhance workplace engagement and job fulfillment.
• Emphasis on core values (actiiVe: Accountability, Commitment, Teamwork, Integrity, Innovation, Value Creation and Excellence).
• Robust learning programs for employees, including educational assistance and covering expenses for licenses, certifications, and training.
• Quarterly meetings with tenants to address questions and concerns.
• Community involvement through events, sponsorships, monetary contributions, and employee volunteerism.
• Adoption of a human rights policy.

Governance Achievements

• Refreshed Board and enhanced its cybersecurity expertise with the appointment of Essye B. Miller.
• Three Audit Committee members qualified as “audit committee financial experts” as defined by the SEC.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: LEED, ENERGY STAR

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

The Corporate Sustainability Report is aligned with the UN Sustainable Development Goals.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• GRESB Green Star

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Received Green Star recognition from GRESB for the ninth consecutive year.
• Further refined the Company’s climate risk assessment aligning with the Task Force on Climate-related Financial Disclosures (“TCFD”) identifying our strategy, risk management, metrics and targets, and opportunities.
• Reported information with respect to the Company’s risks and emissions data to align with applicable frameworks under both SASB and Global Reporting Initiative.
• Reported on our contribution to 13 of the 17 United Nations Sustainable Development Goals in our Corporate Sustainability Report.

Social Achievements

• Developed and reinforced workplace culture emphasizing core values (actiiVe: Accountability, Commitment, Teamwork, Integrity, Innovation, Value Creation and Excellence).
• Conducted job-tailored safety training and monitored workers’ compensation claims.
• Celebrated diversity in the workforce and incorporated inclusion within talent recruitment and engagement programs.
• Offered robust educational and training programs, including educational assistance, license/certification coverage, management courses, and industry conferences.
• Held quarterly meetings with tenants to foster relationships and sustainability efforts.
• Provided a fitness center for tenants’ employees.
• Coordinated community events, sponsored health and well-being events, provided monetary contributions, and encouraged employee volunteerism (Donate 8 program).
• Conducted a company-wide survey through Fortune’s Great Places to Work and earned a Great Place to Work award.

Governance Achievements

• Maintained a Board with a majority of independent Trustees.
• Separated the roles of Board Chair and President + CEO.
• Implemented a policy requiring Trustees nominated for re-election who fail to receive the required number of votes to tender their resignations.
• Established mandatory retirement policy for Trustees at age 75.
• Established share ownership guidelines for Trustees and NEOs.
• Implemented anti-hedging and anti-pledging policies for Trustees.
• Held regular executive sessions for independent Trustees.
• Had three Audit Committee members qualify as “audit committee financial experts.”
• Monitored the Company’s risk tolerance and oversaw risk management activities.
• Tasked the Nominating and Corporate Governance Committee with overseeing ESG risks.
• Conducted annual self-assessments of the Board and its committees.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRESB, TCFD, SASB, Global Reporting Initiative, UN Sustainable Development Goals

Certifications: LEED, ENERGY STAR

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Contribution to 13 of the 17 UN Sustainable Development Goals.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• GRESB Green Star (9 consecutive years)
• Fortune’s Great Place to Work award