Link Logistics 2023 Sustainability Report

Link Logistics

2023 Sustainability Report

P.35

Introduction

Overview

Sustainability

Social Impact

Governance

Appendix

Goals and Progress Environmental Data Table

Our Team: Employee Demographic Data TCFD Disclosure Table

GRI Index SASB Index

Building on Momentum: What's Next

SASB Index (cont.)

Water Management

SASB Topic & Code Metric

References & Responses

IF-RE-140a.1

Water withdrawal data coverage as a percentage of (1) total floor area and (2) floor area in regions with High or Extremely High Baseline Water Stress, by property subsector

Industrial

40.28%

Office

63.44%

Other

5.25%

IF-RE-140a.2

1. Total water (in gallons) withdrawn by portfolio area with data coverage and 2. percentage in regions with High or Extremely High Baseline Water Stress, by property subsector

Industrial

11,526,234.48

Office

392,383.35

Other

37,131.90

IF-RE-450a.2

Description of climate change risk exposure analysis, degree of systematic portfolio exposure and strategies for mitigating risks

Link Logistics begins climate-oriented ESG due diligence investigation as part of supporting Blackstone Real Estate's acquisitions process. Making assessments on ESG, climate and regulatory risks in the initial phases of the asset strategy life cycles enables Link Logistics to prioritize certain aspects of Link Logistics' ESG program or capital strategy based on each building or portfolio’s level of achievement on the ESG and climate spectrum. Link Logistics works to identify, assess and respond to climate-related risk by partnering with an external consultant to get updates on regulations and market activity that has the potential to impact the firm's operations and in turn receives energy and ESG counsel. Link Logistics assigns a risk score to these transitional risks, assesses the cost to respond, and elevates the recommended action and associated costs to senior leadership for approval. Through these processes, Link Logistics’ Environmental Sustainability team, along with the executive leadership team, can assess material climate- related risks and opportunities and form mitigation strategies along with initiatives to take advantage of opportunities. Additionally, the firm maintains a risk register including all climate-related risks and their relative risk score. This register is reviewed by the executive team who actions remediation.

Our approach to managing climate-related risks, among other risk types, is further discussed in 'TCFD Disclosures', p.30.

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