Columbia’s 2021 Environmental, Social, and Governance Report Provides Environmental Performance Data and Advancement toward ESG Goals
Columbia Earns Respected Designations for its ESG Efforts for a Second Consecutive Year
NEW YORK, May 18, 2022--(BUSINESS WIRE)--Columbia Property Trust, Inc. has released its 2021 Environmental, Social, and Governance ("ESG") Report, which highlights the company’s ESG priorities, initiatives, and targets.
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Columbia Property Trust has released its 2021 Environmental, Social, and Governance ("ESG") Report, available at www.columbia.reit/responsibility. (Photo: Business Wire)
Columbia has also been recognized for its leadership in advancing sustainability, efficiency, and occupant wellness across its portfolio. Columbia has been named an ENERGY STAR Partner of the Year for a second consecutive year in 2022 by the U.S. Environmental Protection Agency and the U.S. Department of Energy ("DOE"), in recognition of the company’s ongoing work to protect the environment through superior energy achievements, to fight climate change, and to protect public health.
Columbia was also named a Green Lease Leader for a second consecutive year in 2022 by the DOE’s Better Buildings Alliance and the Institute for Market Transformation. This designation recognizes companies that implement lease language related to sustainability, social justice, and wellness in a way that demonstrates leadership and action on sustainability and health goals. Columbia has received the program’s highest available level of recognition both years, including being one of only nine companies to achieve Green Lease Leader’s new "Platinum Level" recognition for 2022.
These and other accomplishments are outlined in Columbia’s 2021 ESG Report, which provides environmental performance data for the 2021 calendar year and outlines the company’s progress toward its environmental and social goals. The Report also details Columbia’s efforts to advance diversity, equity, and inclusion across its team and within the commercial real estate industry, including the implementation of a robust initiative to engage diverse suppliers.
"In 2021, we took a number of steps to position Columbia to achieve the ambitious goals and targets we have set for ourselves across environmental and social factors," said Nelson Mills, CEO of Columbia. "This included putting new operational policies and programs in place to provide the data, transparency, and accountability necessary to measure our progress and identify opportunities for continued improvement. We are proud to highlight our progress in our 2021 ESG Report, as well as our plans to continue to combat the risks of climate change, to serve our stakeholders responsibly, and to provide equitable and inclusive opportunities for all.
"We also are honored to have received recognition for our efforts from respected benchmark programs, and we proudly support ENERGY STAR and Green Lease Leaders in their work to drive improvement across the commercial real estate industry," Mills continued.
Columbia has prepared its 2021 ESG Report in alignment with the climate disclosure standards of the Task Force on Climate-Related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB), in addition to providing reference of alignment with the Global Reporting Initiative (GRI) and the United Nation’s Sustainable Development Goals (UN SDGs).
Columbia’s 2021 ESG Report is available on the company’s website at www.columbia.reit/responsibility.
About Columbia Property Trust
Columbia Property Trust creates storied properties for legendary companies in New York, San Francisco, Washington D.C., and Boston. The Columbia team is deeply experienced in transactions, asset management and repositioning, leasing, development, and property management. It employs these competencies to grow value across its high-quality, well-leased portfolio of 12 properties that contain more than five million rentable square feet, as well as four properties under development, and also has over 8.5 million square feet under management for private investors and third parties. Columbia was named a 2022 ENERGY STAR "Partner of the Year" by the E.P.A. and a Platinum Level "Green Lease Leader" by the U.S. Department of Energy, as well as one of Fortune’s "Best Workplaces in New York 2021" among Small and Medium-sized employers and "Best Places to Work in NYC" (2020, 2021) by Crain’s New York. For more information, please visit www.columbia.reit.
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