Link Logistics Publishes Second Annual ESG Report
Link Logistics Publishes Second Annual ESG Report
Company remains on track to meet ambitious ESG goals
NEW YORK--(BUSINESS WIRE)--Link Logistics Real Estate (“Link” or the “Company”), the operator and owner of the largest U.S.-only portfolio of logistics real estate, today announced it has released its 2021 Environmental, Social and Governance (ESG) Report.
“At Link, we know good business must be synonymous with doing good,” said Luke J. Petherbridge, Link’s Chief Executive Officer. “Our scale and position at the intersection of industries, people and the environment give us the ability to power commerce while addressing collective challenges. We are proud of our progress in 2021 and look forward to all Link will be able to achieve through the ESG initiatives we are putting in place.”
Highlights from the report:
- Commitment to achieve carbon neutral operations by 2025 furthered
- 100 percent of operations powered by renewable energy sources by 2024
- 100 percent of properties benchmarked in ENERGY STAR®’s Portfolio Manager® tool
- 62 MW of new solar capacity installed or under contract, and we are on track to meet our 300MW solar energy goal by 2025
- Over 21 million square feet of LED lighting installed in 2021 and we expect to use 100 percent LED lighting by 2025
- Two new developments LEED Certified and over 40 developments in progress for LEED certification
- Diversity, Equity and Inclusion (DEI) Committee established
- Over 150,000 meals provided in a single day through the nonprofit CoreGiving™, with more than 400 Link employees volunteering
“Blackstone and Link share an integrated approach to ESG, which we believe is critical to developing resilient companies and long-term value,” said Eric Duchon, Global Head of ESG for Blackstone Real Estate. “Link has made exceptional progress against its ESG commitments, and we look forward to the team continuing to build on its accomplishments.”
“Since our founding, we have ingrained ESG into our goals, culture and operations and forged innovative, cross-sector partnerships to make lasting, positive impacts on our communities,” said Sam Stockdale, Link’s Senior Vice President, Environmental Sustainability. “We leverage our scale and position at the crossroads of logistics and real estate to effect meaningful climate impact, achieve carbon neutrality in operations and support customers in their sustainability journeys.”
Visit Link’s ESG webpage to view and download the full report.
About Link Logistics
Link Logistics is a leading national owner of last-mile logistics real estate designed to meet the needs of the modern supply chain. The Company, established in 2019 by Blackstone, operates the largest portfolio of logistics real estate assets located exclusively in the U.S. and serves more than 7,000 customers. The Company owns, has interests in, or has under development logistics facilities across key distribution markets in the U.S. that will represent a total of 559 million square feet (488 million square feet at pro rata share) when completed. Link has the scale, geographic footprint and logistics expertise, as well as a heightened focus on sustainability to power the supply chain of tomorrow. For more information regarding the Company, please visit www.linklogistics.com.
