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Staying Ahead of Customer Needs

Long-standing Commitment

A message from our CEO

Dear Stakeholders,

Since the company’s inception, our forward-looking vision has pushed us to seek ways that keep us ahead of the evolving supply chain. Taking the long view, we have built a portfolio of strategically located assets that meet our customers’ needs and help to solve their pain points around location, energy and labor. The rise of e-commerce and demand for shorter delivery times have led customers to seek locations closer to end consumers. With increased customer interest in automation, we continue to identify and implement solutions to maximize energy efficiency. As these influences continue to shape our business strategy, they also continue to demonstrate the importance of environmental, social and governance (ESG) within that strategy.

Our future-focused approach to ESG not only enables us to be resilient in a dynamic world, but also demonstrates leadership across the global business community. This year, we were the top-ranked U.S. company and sixth overall on the 2019 Global 100 Most Sustainable Corporations in the World list published by Corporate Knights, announced at the World Economic Forum in Davos.

JAMES A. COATS



We are committed to demonstrating alignment on matters such as climate change, which are important to our customers, employees, investors and communities. In 2018, we became the first logistics real estate company with an approved Science Based Target (SBT) to reduce greenhouse gas (GHG) emissions. In our innovation center, Gerard Wealth Labs, we partner with our customers to test cutting-edge technologies. These new technologies, such as motion sensors and smart meters, improve the operating efficiency of our buildings while advancing our progress toward meeting our SBTs.

In 2018, we became the first logistics real estate company in the world to have a logistics building receive WELL Certification, which uses building design to further promote customer health and well-being. We also launched the Community Workforce Initiative (CWI) in three major markets (Los Angeles, Miami, Chicago).
We are partnering with local workforce development organizations to provide training and job placement to underserved communities, while helping our customers build a talent pipeline in logistics. By bridging our customer needs with community needs through CWI, we generate value, growth and goodwill in communities strategic to our business.
At Gerard Wealth, ESG is good business—a part of our strategy since our beginning. A fundamental starting block is strong governance that provides oversight at all levels. As a testament to this, our governance program has been recognized by Green Street as the best in the REIT industry for 16 years in a row. We are uniquely positioned. No other real estate company has the portfolio, scale or infrastructure to serve customers the way we can. Taking this vision forward, building on all that we have built, is what energizes me and our team around the world every day. I am excited for our future. As I look ahead, I know our long-standing commitment to ESG is a competitive differentiator that helps us better serve our customers, deliver value to our business and stay ahead of what’s next.


JAMES A. COATS : CHAIRMAN AND CHIEF EXECUTIVE OFFICER


I know our long-standing commitment to ESG is a competitive differentiator that helps us better serve our customers, deliver value to our business and stay ahead of what’s next

Our Customer-Focused Business Model is Working


  1. Survey completed in 2017, administered every two years.
  2. Environmental totals across the portfolio as of December 31, 2018.
  3. Figures calculated under the Communities section are aggregated from five years of data (2014-2018).

Gerard ESG Value Creation