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 Total water (in gallons) withdrawn by portfolio area with data coverage and 2.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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