Climate Change Data

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Connected Buildings
• Tenant Engagement
• Storm Water Management
• LED Parking Lot Lighting
• Cool Roofs

Environmental Achievements

• 28 properties achieved Green Lease Leaders — Gold certification covering 5,419,483 sq ft
• Significant reduction in energy, water, and GHG emissions intensity (specific figures not provided, but referenced in the report)
• Improved waste diversion (specific figures not provided, but referenced in the report)

Social Achievements

• RMR, the manager, focuses on hiring, training, and developing a workforce that contributes positively to society and reduces environmental impact.
• Multiple properties achieved ENERGY STAR and BOMA 360 certifications

Governance Achievements

• Adopted Governance Guidelines and Committee Charters for Board Committees
• Implemented a Code of Business Conduct and Ethics, Governance Hotline, Business Partners’ Code of Conduct, Employee Health and Wellness Policy, Human Rights Policy, and Philanthropy Policy

Climate Goals & Targets

Environmental Challenges

• Facilities may become susceptible to heat events due to lack of full air conditioning.
• Working conditions may be impacted by extreme heat.
• Road infrastructure failures can affect site desirability.
• Flooding risks due to large impervious surfaces.
• Supply chain constraints due to climate disasters.

Mitigation Strategies

• Energy and water management programs
• Strategic capital investments, including physical protection elements.
• Routine evaluation of properties impacted by climate hazards.
• Coordination with tenants and local authorities.
• Property incident response plans and insurance assessments.
• Benchmarking and BEPS compliance.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Heat events
• Extreme heat impacting labor
• Road infrastructure failures
• Flooding
• Supply chain disruptions

Transition Risks

• Policy changes
• Market shifts

Opportunities

• On-site solar
• Emergency response staging locations
• Increased light manufacturing and research

Reporting Standards

Frameworks Used: SASB

Certifications: ENERGY STAR, BOMA 360, LEED

Third-party Assurance: Deloitte & Touche LLP (limited assurance for water intensity metric)