Corporate
Responsibility

As a logistics real estate company purpose-built and specifically designed for today’s evolving supply chain, we understand that minimizing our environmental impact and promoting the achievements of our employees is core to the success of our business. We are committed to driving this value across all stakeholders through operations that prioritize efficiency and environmental stewardship, exercising best-in-class social practices that benefit the communities in which we operate and serving as an exemplary corporate citizen while ensuring all stakeholders are valued and respected.

As a logistics real estate company purpose-built and specifically designed for today’s evolving supply chain, we understand that minimizing our environmental impact and promoting the achievements of our employees is core to the success of our business. We are committed to driving this value across all stakeholders through operations that prioritize efficiency and environmental stewardship, exercising best-in-class social practices that benefit the communities in which we operate and serving as an exemplary corporate citizen while ensuring all stakeholders are valued and respected.

Link in numbers

%

of operations are moving to renewable energy sources by 2024

Achieving carbon neutral operations

Adherence to ESG Standards and Benchmarks

We strive to maintain regular, ongoing communication with our stakeholders regarding the sustainable aspects of our real estate holdings and operations. To this end, we will report on our impacts and performance, including via GRESB and a publicly available Sustainability Report prepared in accordance with the Sustainability Accounting Standards Board (SASB) framework. These benchmarks will create the foundation that allows us to continually improve as a leader in the real estate industry.

Responsible Operations & Environmental Management

We strive for continuous improvement by investing in new infrastructure and technology such as LED lighting and solar energy to reduce energy consumption and costs, and carbon emissions. We pursue green building certifications and strive to use data, progressive technology advancements and best operating practices to improve asset valuations while further minimizing our environmental and carbon footprint across our portfolio.

Diversity, Community, and Professional Development

We are committed to enhancing diversity throughout our organization, including at senior levels. We intend to offer a combination of internal and external training courses and on-the-job training to foster the growth and retention of our employees.

CoreGiving

According to Feeding America, 1 in 4 (17 million) children in America struggle with hunger. These children may not know where their next meal is coming from and ultimately suffer from disadvantages in school and personal relationships, along with physical and cognitive development. Founded by ShopCore Properties (Chicago, Ill.), CoreGiving, a 501c3 organization, was created in 2016 to fight child hunger in those communities where Blackstone Real Estate owns and operates real estate.

In 2020, CoreGiving contributed to 27 food banks throughout the U.S. and partnered with more than 400 donors, providing 4.1 million meals to hungry children. The food banks were located in N.Y., Pa., Mass., Va., N.C., Fla., Ala., La., Texas, Calif., Ariz., Nev., Wash., Colo., and Ill. The goal for the nonprofit in 2021 is to provide 7.5 million meals and donate over 10,000 hours of volunteer service.

To donate to CoreGiving and for more information please visit www.coregiving.org.