Governance
A Foundation of Excellence
At Logistics Property Company, we are committed to being good stewards of our investors’ capital and delivering performance on their investments through strong governance practices, transparent communications, and acting with integrity.
Responsible Investment
We have integrated responsible investment practices into our governance principles, guided by the United Nations Principles for Responsible Investment (UN PRI). By integrating environmental, social, and governance factors into our investment decisions, we work to mitigate risk, identify core opportunities, and deliver enduring value.
Our responsible investment strategy includes:
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- Alignment with Global Benchmarks: Benchmarking sustainability performance against standards like GRESB and the UN PRI.
- Climate Resilience: Establishing climate resilience strategies and emergency preparedness plans.
- Enhanced Training: Providing training to employees and external supply chain partners on responsible investment principles.
- Sustainable Building Technologies: Regularly exploring renewable energy solutions and technologies to deliver higher levels of sustainability.”
- Stakeholder Engagement: Facilitating regular, transparent communication and reporting to relevant stakeholders.
Investor Engagement
We seek to be good stewards of our investors’ capital and develop deep relationships over the long term. Our team collaborates with them on investment objectives and provides proactive, regular updates on the performance of their investments with us. We are always available to exchange perspectives and address questions.
Green Lease Excellence
We have been recognized as a Platinum Green Lease Leader, a result of our incorporation of lease provisions that reflect sustainable practices to drive energy, water, and waste efficiencies. Collaborating with our tenants, we explore enhanced carbon reduction strategies for greener operations.
Environmental Management System
The Environmental Management System (EMS) is a set of policies and practices that enables Logistics Property Company to reduce its overall environmental impacts while increasing its operating efficiency. Aligned with ISO 14001 standards, our Environmental Management System ensures effective implementation of environmental policies and procedures across our portfolio.
Creating a Safe and Healthy Workplace Environment
Logistics Property Company is dedicated to fostering a workplace that prioritizes the health, safety, and well-being of our employees and contractors. Our unwavering commitment to maintaining a workplace free of harm and incidents is deeply ingrained in our company culture and operations, guided by our Workplace Health, Safety, and Environment (WHSE) framework.
Safety is paramount and we uphold the highest standards of workplace and job site health and safety, with our development team holding OSHA-30 Certification. Every employee receives the necessary training and resources to work safely and efficiently.
Our WHSE Commitment Includes:
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- Safety Culture: We integrate a safety culture that encompasses environmental, human, behavioral, and leadership elements across all our activities.
- Compliance and Risk Management: We ensure that all work conducted by contractor firms adheres to our WHSE framework, reducing risks and ensuring safety.
- Training and Certification: Our OSHA-30 Certified Development Team leads by example, with all employees participating in mandatory WHSE training.
Safety as a Core Value
A culture of safety is foundational to the well-being and protection of every individual on our sites and workplaces. Our team members work together to actively cultivate and reinforce a safety culture on-site, ensuring that safety is not just a policy but a core value for everyone. It transcends mere compliance with regulations; it is about fostering an environment where the presence of connection and communication among team members is paramount.
Prioritizing Safety
Company leaders play a crucial role in setting the tone for our safety culture, ensuring safety is a top priority at all levels. This includes establishing safe work practices, providing safety training to all workers, adhering to OSHA and site requirements, implementing engineering controls, and providing personal protective equipment (PPE) based on risk assessments. Additionally, we ensure development contractors conduct safety walks, toolbox talks, and participate in industry events like OSHA’s Construction Safety Week to promote best practices.
Recognition
We actively participate in national events such as Construction Safety Week and the OSHA National Safety Stand-Down to Prevent Falls in Construction, showcasing our dedication to health and safety. We recognize our employees and contractors for their commitment to safety through awards like the Project Safety Leadership Award and the Safety Service Award.
Employee Health and Well-being
We provide an extensive package of employee benefits to support their health and well-being, including physical and mental health resources, paid vacation and sick leave, an employee assistance program,
ESG Policy
Logistics Property Company aims to embed ESG into our values and business strategy and cascades across our national portfolio. Logistics Property Company will continuously strive to embrace evolving stakeholder expectations and implement best practices. For further details visit: ESG Policy
Responsible Investment
As signatory to the United Nations Principles for Responsible Investment (UN-PRI), this guides the responsible investment policy and is reflected in its governance practices. The company’s approach is designed to mitigate risks, identify core investment opportunities, and create long-term value for investors and stakeholders. For further details visit: Responsible Investment Policy
Sustainable Development
Logistics Property Company has integrated company-wide environmental, social and governance standards are in-place to implement our commitment to deliver sustainable modern logistics buildings.
The sustainable development guidelines provide strategies that are deployed for developments across the portfolio, including site selection criteria, site design and construction requirements, and material selection preferences. For further details visit: Sustainable Development Guidelines
Environmental Management System (EMS)
The Environmental Management System (EMS) is a set of policies or practices that will enable Logistics Property Company to reduce its overall environmental impacts whilst increasing its operating efficiency. The EMS developed is a tailored approach to our specific goals and is aligned with ISO 14001 requirements. For further details visit: Environmental Management System
Vendor Code of Conduct
Logistics Property Company recognizes the importance of positively contributing to the social, economic, and environmental wellbeing of the business communities that we are part of. Logistics Property Company believes mutual commitments to operate in accordance with the business community expectations of businesses conduct create a more sustainable value for all our stakeholders. Logistics Property Company will work collaboratively with our Vendors to foster a relationship that aligns with the standards in this Code and the interests of our stakeholders. For further details visit: Vendor Code of Conduct
CASE STUDIES
Facilitating opportunities for our people and our partners to break through the proverbial glass
As a fourth-generation owner of Pattillo Construction Corporation, Bree Pattillo possesses all the core strengths of the family leadership that came before her and an enduring passion for the business. Under her guidance, the company enjoys an exceptionally strong management team with a combined 17 decades of construction experience.
Opportunity:
The commercial real estate industry is lacking diversity.
Focus:
The benefits of diversity start with a variety of perspectives, so including people who come from different backgrounds, and adding that input into our thinking, is critical for us.
Approach:
With the right people, programs and protocols in place, Logistics Property Company aspires to be a leader in Environmental, Social and Governance (ESG) and Equity, Diversity and Inclusion (EDI), as well as an employer, developer, partner and corporate citizen of choice.
Outcome:
Logistics Property Company conducts business with exceptional talent representing a rich tapestry of diverse backgrounds. It is expanding its inclusion of Minority (Women) Business Enterprise (M/WBE) and Minority Business Enterprise (MBE) contractors and sub-contractors.
Not only are we partnering with Pattillo Construction Corporation (Pattillo) on Logistics Property Company’s Oakwood 985 Business Park, Oakwood, GA, we also featured Bree Pattillo, CEO and fourth-generation owner of Pattillo, during a recent companywide Logistics Property Company’s Leadership Lessons webinar.
Protecting the health and safety of our people, regardless of productivity
” Protecting the health and safety of our people, both onsite and offsite, is our highest priority.” — JIM MARTELL, Chief Executive Officer, Logistics Property Company
Opportunity:
Ensuring the health and safety of both onsite and offsite teams, while continuing to provide an essential service during a global pandemic.
Focus:
To coordinate our strategic crisis communications and preparedness for post-COVID-19, Logistics Property Company formed a Post-Pandemic Recovery Task Force as a sub-committee of the Logistics Property Company Risk Committee.
Approach:
The aim of this sub-committee is threefold:
- Immediate: Understand Federal, State, County and City positions across the jurisdictions in which Logistics Property Company operates
- Medium-term: Conduct a SWOT Analysis to determine individual employee circumstances and Logistics Property Company’s office requirements moving forward; and
- Long-term: Update the Logistics Property Company Business Continuity Plan (BCP) to mitigate risks for onsite and offsite teams.
Outcome:
Amid the COVID-19 global pandemic, Logistics Property Company’s on-site construction teams continued to function while using appropriate social distancing and PPE.
Logistics Property Company’s off-site productivity did not drop because of working remotely due to COVID-19 either. On the contrary, productivity increased to the extent that after hours/weekend calls and work requirements were more easily met.