Governance

GOVERNANCE

Transparency is essential in our business.

We pride ourselves on our governance best practices and have consistently been recognized in this area. Our shareholders are provided regular reports and detailed disclosures on our operational health and financial health, as well as our ESG+R efforts. 

ACTIONS

Key actions we are taking with respect to governance include:

Strive to continue implementing best governance practices, mindful of the concerns of our shareholders.
Increase our ESG transparency and disclosure through reporting to frameworks, such as GRESB and providing regular ESG updates to shareholders and other stakeholders.
Evaluate various industry groups that promote our alignment with recognized industry sustainability and ESG frameworks.

" 42% female 42% female Board/Leadership/Senior Management Team"

" Increased Increased  2023 GRESB Assessment Overall Score"

" "A" Public Disclosure Score  "A" Public Disclosure Score  in 2023 GRESB Assessment"

Performance

Our progress is evident and resulted in accomplishments in this important area of our business.

Shareholder Alignment

Maintain a Code of Business Conduct and Ethics, which includes a whistleblower policy.
Perform enterprise risk assessments and management succession planning.
Developed a Stakeholder Engagement Policy to disclose our process when working with our key stakeholders including investors, property management teams, and tenants.

Reporting

Improved ESG disclosure in financial documents.
Became a supporter of the Task Force on Climate-Related Financial Disclosures (TCFD) reporting framework.
Updated and publicly disclosed Stakeholder Engagement Policy and ESG Objectives with Targets on our website.
Became a GRESB Member and participated in the GRESB Real Estate Assessment for the first time in 2021.

DISCLOSURE FRAMEWORKS

saab1
tcfd
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gri
sustain

POLICIES

Code of Conduct
Code of Conduct
Supplier Code of Conduct
Supplier Code of Conduct
Our ESG program is aligned with INREV, GRESB, GRI and UNPRI. Data provided herein has been reviewed by RE Tech Advisors and represents a snapshot of current performance.

Derrick Johnson

Independent Trustee

Mr. Johnson has served as an independent trustee since July 2022. Mr. Johnson has extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 companies.

Experience:

  • Currently, Senior Vice President and Chief Operating Officer at Agiliti, a medical equipment management and services company
  • Former President of Southeast at United Parcel Service (UPS), holding a variety of strategic and operational roles for over 20 years
  • Member of the Georgia Commission on Freight and Logistics
  • Previously, Mr. Johnson was an Associate of Fixed Income Sales at Citigroup and an Associate at Oliver Wyman (formerly Mercer Management Consulting)

Mr. Johnson brings operational and logistics expertise, with specific knowledge of the logistics user experience and provides our Board of Trustees with related insight.

Committee Memberships

  •  Audit and Cyber Risk 
  • Nominating and ESG