GIFT REAL ESTATE PLC
Environmental, Social & Governance Policy of Gift Real Estate(GRE)
ESG Policy of GRE
ESG Commitment: GRE strive to build sustainable, equitable, healthy, and diverse communities through a combination of innovative real estate solutions and exemplary environmental, social and governance (ESG) performance. This commitment informs every aspect of our business, including how we design and build new projects, operate our portfolio, collaborate with stakeholders and
1. Environmental Stewardship
1.1. Overview: We aim to embed environmental stewardship in everything we do. We believe we have a responsibility to minimize the energy, carbon, water and waste impacts of our business and recognize that these impacts occur not just in the daily operations of our portfolio but also through our entire value chain. As a result, we strive to reduce environmental impacts across the full life cycle of our buildings and our corporate operations.
1.2. Statement on Climate Change:
We recognize that climate change presents both risks and opportunities for our industry and our business, including disruptions to the business operations of our clients and partners. As a responsible corporate citizen, we are taking action to mitigate these risks to our company and in the communities in which we operate. In addition, ignoring sustainable investment opportunities such as
energy efficiency, water and waste management in investment portfolios may lead to a loss of value and materially increase risk. Climate change is one of the greatest environmental risks that our
investment portfolio faces.GRE measures the company’s environmental practices through internal and external data audits.
GRE supports the protection of biodiversity by pursuing Green building certifications for our major facilities.
1.3. Investing in Sustainable Buildings
1.3.1. Building Operations: We will have environmental performance target for the portfolio that addresses energy and water consumption. To achieve our targets, each of our properties will be monitored in real time by our engineering staff and third party consultants and the results are reviewed by our Sustainability Committee. Our energy consumption initiatives include energy retrofits, energy management system upgrades, equipment upgrades, and real-time energy
GRE supports minimizing and reducing water usage as part of our environmental protection efforts at our major existing and new-build facilities. From time to time, GRE may conduct a survey of water
withdrawal from its major facilities to promote minimizing water usage.
We will report environmental performance on a regular basis to the EPA.
1.3.2. Corporate Office: Although the environmental impacts of our corporate operations are a small part of our overall footprint, we believe it is important to live our values. As a result, we will adopt
sustainability policies for our HQ and all satellite offices that include criteria such as energy-efficient lighting and appliances, water-efficient fixtures, recycling programs, and waste collection events.
1.4. Engaging with Others
1.4.1. Tenant Engagement: Because GRE control only a small part of our total environmental footprint, it is critical that GRE engage both internal and external stakeholders to drive sustainable innovation and systematic change. Tenant engagement is at the core of this mission. GRE drive tenant awareness and behavior change by providing infrastructure and amenities that make it easier for our tenants to implement sustainable practices.
1.4.2. Industry Engagement: GRE also strive to engage key industry players—including vendors, peers, and standard-setters—on sustainability, as averting a climate crisis and other environmental
disasters requires large-scale transformation that we cannot achieve alone.
2. Social Responsibility policy
2.1. Overview: A deep commitment to social responsibility is core to who we are as a company. GRE believe people are at the heart of our business and take pride in our outstanding work culture. GRE strive to be an optimal employer to its workforce and landlord to our tenants, as well as a valued partner to its communities.
2.2. Compensation and Benefits: GRE know that the first step in hiring and retaining the best talent is to create safe and inspiring workplaces where people feel valued. GRE offer competitive compensation and benefits to all regular full-time employees, including but not limited to paid holiday, vacation, and sick time, retirement savings plans and medical, dental, and vision coverage.
GRE also offer a very generous equity compensation program that empowers our team members to act and feel like owners, not just employees.
2.3. Culture, Engagement and Growth: GRE create fun, spirited work environments that reward innovation and collaboration at all levels. GRE hold periodic employee appreciation events, such as
our sport competition among sister companies. GRE also aim to foster both personal and professional growth for employees at all levels of the organization through annual performance reviews, role-specific training and professional development opportunities.
2.4. Health and Safety:
GRE is focused on the health, safety and well-being of our employees. GRE will comply with all applicable workplace health and safety requirements in our facilities, The Company has a Corporate
Physical Security Policy with controls and procedures designed to keep employees safe and in line with human rights best practices.
2.5. Diversity and Inclusion: GRE embrace and value diversity in all its forms, whether gender, age, ethnicity or cultural background. Equal opportunity is integral to our recruitment process, as we aim to develop a community of diverse talent. We seek to maintain a positive workplace, free from discrimination and harassment. Our commitment to diversity and inclusion applies to the highest levels of the organization, including at the board level, where we recognize that diversity strengthens board performance and promotes long-term shareholder value.
2.6. Strengthening our Communities: We have a long history of providing meaningful, and often transformational, support to the communities in which we operate. We provide charitable support
to key industry and professional organizations, often in the form of event sponsorships and to the community and to the government where to be requested.
3. Governance policy
3.1. Overview: We view good governance as essential to creating and preserving value for our stakeholders. This includes a sound approach to corporate governance that complies with all applicable laws, rules, regulations and policies as well as unwavering adherence to our values.
3.2. Holding Ourselves Accountable
3.2.1. Corporate Governance: We have an effective and highly skilled Board of Directors .We promote board independence and embrace board diversity in all its facets, including skills, experience, gender, ethnicity, and race. Our Corporate Governance Guidelines outline key principles and rules to help our Board of Directors exercise its responsibilities and serve the interests of the company and its stockholders.
3.2.2. Transparency: We believe in holding ourselves publicly accountable to our ESG commitments. We will publish information about our ESG performance on a regular basis via our website, investor presentations, and annual ESG Report.
3.3. Doing what’s Right
3.3.1. Ethics: Our directors and all employees, including senior management, conduct themselves in accordance with the highest moral and ethical standards, informed by a robust Code of Business
Conduct and Ethics. We are committed to ensuring a fair workplace for our employees as well as partners with whom we do business. We have strict policies to protect against unlawful discrimination and harassment. We have an Open-Door Policy to encourage honest and direct communication to resolve issues and concerns in an expeditious manner.
3.3.2. Human Rights: GRE holds human rights to be an essential component of our business. We support national and internationally recognized human rights principles that promote and protect
human rights. The policy applies to our operations and affiliates in all assets we own and operate