Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Social Responsibility
• Governance
• Diversity and Inclusion
• Community Investment
• Sustainable Building Practices
• Ethical Business Conduct

Environmental Achievements

• All recent construction and new building deliveries have been built to Green Building Standards (USGBC LEED, Baltimore City Green Buildings, and National Green Building Standard (NGBCS)).
• Recently completed projects achieved USGBC LEED and NGBCS designations in Washington, D.C. and Greenville, South Carolina.
• Conduct extensive Environmental Due Diligence during property evaluations, including assessing impacts to the community, historic uses, and potential risks to groundwater and environmental systems.
• Regularly evaluate potential impacts of climate change, sea level rise, and coastal flooding to properties.
• Conduct ongoing energy audits and seek energy and cost-savings strategies.

Social Achievements

• Responsible neighbor approach to mix-use developments with access and affordability to income-restricted tenants.
• Significant investments in Opportunity Zone Target Areas, delivering 68 affordable housing units.
• Expanded Philanthropy & Volunteerism, supporting local schools and YMCA initiatives, including paid days off for organized volunteer activities.
• Incorporating survey feedback to advance Tenant Welfare and making continuous improvements in living spaces.
• All employees complete Diversity and Sexual Harassment Training and acknowledge Equal Employment Opportunity and Harassment Policies.

Governance Achievements

• Creation of a Governance and ESG Committee to guide sustainability efforts.
• Disclosure of the first ever Board Diversity Matrix.
• Implementation of a Code of Business Conduct and Ethics, prohibiting facilitation payments, bribes, and anti-competitive practices.
• Third-party vendor and subcontractor agreements obligating adherence to Business Ethics policy.
• Board oversight of ESG matters through the Governance and ESG Committee.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Due Diligence prior to entering mining royalty contracts to confirm compliance with human rights and labor standards.

Climate-Related Risks & Opportunities

Physical Risks

• Sea level rise and coastal flooding

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, UN SDGs

Certifications: LEED

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 5, 6, 7, 8, 10, 11, 12, 13, 15

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed