focus on sustainability: environmental, social, and governance

OUR MISSION & VISION
  AWARDS & RECOGNITION   ENVIRONMENTAL   SOCIAL   GOVERNANCE
 




Alexandria creates sustainable and vibrant environments to support the development of breakthrough technologies and therapies to help cure disease, end hunger, and improve the way we live and work. Our highly dynamic and collaborative urban campuses enhance our tenants’ ability to successfully recruit and retain world-class talent, promote health and wellness, and inspire productivity, efficiency, creativity, and success. 


Our Sustainability Mission & Vision

Our sustainability mission is to make a positive and meaningful impact on the health, safety, and well-being of our tenants, shareholders, employees, and the communities in which we live and work. 

We aim to be one of the most environmentally innovative, socially responsible, and economically strong companies in the world.

Awards & Recognition

 

2017 Nareit
"Most Innovative"
Leader in the Light Award



2017 Governor's Environmental
and Economic Leadership Award, California's Highest 
Environmental Honor

 
 


World's First WELL
Certified Laboratory


2017 GRESB Green Star 

 

2017 #1 Health & Well-being
Company in the U.S.

   

First REIT to be Named Fitwel Champion in 2016 and became Founding Member of Leadership Advisory Board in 2017

Sustainability Goals

We launched our new 2025 sustainability goals for ground-up development of new buildings; environmental impact reduction of energy, carbon, water, and waste; and healthy building certifications. With a baseline year of 2015, the comprehensive goals will guide our sustainability efforts through 2025. Highlights from the goals include:

  • 25% reduction in energy consumption
  • 30% reduction in carbon pollution
  • 10% reduction in water consumption  
  • 45% waste diversion rate
  • 50 healthy building certifications
  • 100% of new ground-up development projects targeting minimum LEED® Gold certification and Fitwel certification

Our goals for new construction projects set clear guidelines that cover energy, water, waste, materials, indoor air quality, metering infrastructure, and health. To view our new sustainability goals for ground-up development of new buildings, please click here.

Environmental

Alexandria is committed to making continuous improvements to our sustainability efforts, which include reducing energy use, greenhouse gas pollution, and water use; implementing safe and healthy cleaning and recycling practices; and running transportation programs that reduce traffic. In partnership with the communities where Alexandria owns, operates, and develops properties, these programs help us drive the long-term success of our business. 

Green Development

     

  

  100% 
New ground-up developments targeting minimum LEED® Gold certification
  53 LEED projects*
6 Platinum
33 Gold
14 Silver 

*Upon completion of in-process 10 projects targeting LEED certification as of June 30, 2018.

  50%* 
of Alexandria's total
annual rental revenue
is from LEED projects


Energy, Water, and Waste Management

    Energy
Continuously monitor, optimize, and reduce energy consumption through equipment upgrade projects and by identifying opportunities to improve building operations

  Water
Implement cutting-edge conservation technologies,
such as greywater systems, recycled water for irrigation, and capturing steam condensate for use in cooling towers


  Waste
Partner with construction managers and tenants to run comprehensive recycling and composting programs that minimize waste sent to local landfills
 
Risks and Opportunities

    Alexandria's environmental programs help the company manage and mitigate the risk, of, and capitalize on the opportunities created by climate change.

  6%
Reduction of same property greenhouse gas pollution from 2016 to 2017  

  62 
Energy efficiency projects on operating properties in 2017

 
Transportation Demand Management        
     
     

  Run programs that reduce traffic, pollution, and carbon emissions from automobiles, including:

  • Providing shuttles to and from public transportation stations

  • Promoting carpooling

  • Encouraging biking to work with secure bike storage, locker rooms, and showers

  Partner with local planning and transportation organizations, including:

  Be recognized for helping employees and tenants find more sustainable ways to commute




Healthy Campuses and Buildings 

    Fitwel Projects*

5
6
3

*Upon completion of eight in-process projects targeting Fitwel certification as of June 30, 2018.

  WELL Projects*

Gold: 2
Silver: 2


*Upon completion of three in-process projects targeting WELL certification as of June 30, 2018.


  Healthy Building
Certifications*


3.1M RSF

Fitwel and WELL projects


*As of June 30, 2018.


Social 

Alexandria has been widely recognized for our industry leadership and best-in-class approach to promoting health, wellness, and productivity through our Class A properties clustered in collaborative campuses. The company has had a longstanding focus on, and continues to evolve its innovative approaches to, developing sustainable campus environments with healthy workplaces for leading life science and technology entities.


Promoting Health, Wellness, and Productivity

  Watch Ari Frankel, Alexandria's Assistant Vice President of Sustainability & High-Performance Buildings, discuss the value, opportunity, and public health benefits of implementing a health and wellness program. The two-part video was created for Nareit's ESG Jumpstart program, which features REIT sustainability leaders, like Alexandria, and their expertise on starting and implementing a successful sustainability program. 

      

     

  Listen to Ari Frankel on Nareit's REIT Report Podcast to learn more about Alexandria's award-winning sustainability program and our leadership in the area of health and wellness.
     


 
Alexandria's amenities allow tenants not only to work efficiently and productively, but also to enjoy their work environment. 

Amenities, throughout our portfolio, include state-of-the-art conference and event spaces, fully equipped fitness centers, farm-to-table restaurants and cafés, open green spaces, and organic gardens, including Riverpark Farm®, one of Manhattan’s largest urban farms.
     


 

As an early adopter of the Fitwel rating system, Alexandria utilizes Fitwel's assessments to implement recommended improvements across our Class A properties as part of its continued efforts to make tenant and employee wellness a top priority for tenants at our urban innovation campuses.

  • First company to be named a “First-in-Class Fitwel Champion” 
  • First company to be named a Global Strategic Partner
  • First U.S. REIT to earn Fitwel's health and wellness certifications
  • Founding member of the Fitwel Leadership Advisory Board

  Earning the world's first WELL certification for laboratory space, Alexandria LaunchLabs® at the Alexandria Center® for Life Science in New York City has achieved Gold-level recognition from the International WELL Building Institute. 

WELL helps optimize and build in strategies around the seven categories of WELL certification: air, water, nourishment, light, fitness, comfort, and mind. Alexandria pursues WELL certification on a case-by-case basis for select new development projects. 


 
People: Alexandria's Most Important Asset


  Alexandria devotes extraordinary efforts to hiring, developing, and retaining its employees, who directly contribute to the company's operational excellence.

Alexandria provides a highly competitive set of benefits and a healthy workplace and employee experience, which include fitness centers and incentives, healthy dining options, paid time off for volunteering activities, and an Employee Assistance Program to meet and exceed the health, well-being, and financial needs and goals of our talented employees and their families.

Alexandria goes to great lengths to encourage physical fitness across our company. Our unique programming and organized activities help to build and further strengthen our culture and our commitment to each other, as well as to minimize absenteeism. 

Alexandria sponsored and arranged for all of our employees to have the opportunity to participate in the 2017 New York City Marathon. 37 Alexandria employees ran, and with significant support from one another, all 37 finished. Alexandria also sponsors numerous team sports leagues and 5K runs/walks throughout the year, which many of our employees participate in. 

On a daily basis, we provide either on-site fitness centers with organized classes, showers, and lockers or a fitness incentive that includes a subsidy for gym membership or other fitness classes.

 
Stakeholder Engagement: Community and Economic Development


  Alexandria's commitment to the success and growth of our tenants is well-established in the real estate industry. Our vibrant campuses catalyze high-quality job creation, economic activity, and sustainable urban infill development in the innovative and dynamic cities and states in which we operate.

We are actively involved with a number of industry groups and organizations ranging from sustainable building organizations, citizens advisory committees, and transportation management associations to urban planning and research associations, advocacy and policymaking, and environmental groups. These industry groups and organizations include the following:

Sustainability   Real Estate & Community Associations
   
  • Nareit Real Estate Sustainability Council (RESC)
  • U.S. Green Building Council (USGBC) - Platinum Member
  • Global Real Estate Sustainability Benchmark (GRESB) –Benchmark Committee 
  • Ceres Investor Network on Climate Risk and Sustainable
  • Fitwel Leadership Advisory Board
  • Cambridge Net Zero Task Force 
  • Kendall Square Association EcoDistrict
  • Cascade Bicycle Club
  • iCommute/SHIFT
  • Mission Bay Transportation Management Association
  • Sierra Point Environmental Association
 
  • Nareit
  • Building Owners and Managers Association (BOMA)
  • Commercial Real Estate Women (CREW)
  • National Association of Industrial & Office Properties (NAIOP)
  • Urban Land Institute (ULI) 
  • The Mission Bay Citizens Advisory Committee
 
 Economic Development
   Life Science & Technology
 
  • MassBio Economic Development Advisory Committee
  • San Francisco Planning and Urban Research (SPUR)
  • Partnership for New York City 
  • San Diego Regional Economic Development Corporation 
  • Economic Development Council of Seattle and King County
 
  • Biotechnology Innovation Organization (BIO)
  • Biocom 
  • California Life Sciences Association
  • New York BIO (NYBIO)
  • Governor's (WA) Life Science Advisory Committee
  • Life Science Washington
  • Maryland Tech Council
  • BioHealth Innovation
  • North Carolina Biosciences Organization (NCBIO)

 
Philanthropy and Volunteerism

 

Alexandria's philanthropy and volunteerism efforts are fundamental to fulfilling our commitment to building the future of life-changing innovation. The company's philanthropy and volunteerism program, Operation CARE, leverages Alexandria’s resources, people, and expertise to provide mission-critical support to leading-edge non-profit organizations doing groundbreaking work in medical research, STEM education, military support services, and local communities

Through these efforts, Alexandria helps drive the development of breakthrough technologies and therapies in support of our mission to help cure disease, end hunger, and improve the quality of human health and the way we live.

 
Thought Leadership Drives the Development of Innovative Therapies to Advance Human Health 

 

Alexandria convenes our world-class global network for unique and interactive programming, including the Alexandria Summit®, to create opportunities for collaboration that will shape the future of healthcare. The Alexandria Summit brings together a diverse group of key stakeholders—from the pharmaceutical, biotechnology, agribusiness, technology, medical, academic, venture and private equity capital, philanthropy, patient advocacy, and government communities—to help drive the discovery and development of novel, cost-effective innovations that will save lives, manage and cure disease, and significantly reduce the economic burden of disease and hunger on society. 

Through its high-impact, collective voice, the Alexandria Summit drives forward actionable meeting outcomes that address the most critical global healthcare, agricultural, and environmental challenges facing society.

 

Governance

Alexandria is proud to operate on a solid foundation of sound corporate governance, reflecting our best practices approach to the key tenets of corporate governance practices and philosophies, which include maintaining an independently minded and objective board of directors; conducting business according to the highest moral and ethical standards; delivering transparent, quality, and efficient disclosures; and aligning our objectives with that of our shareholders. 

Sustainability Management

Alexandria's sustainability program, which is overseen by our Sustainability Committee, meets the growing demand from our stakeholders to measure, manage, report, and continuously improve the efficiency and the impact that our company, our philanthropy, and our tenants have on the world. 

                                                                                                                                                                                                            
Best-in-Class Transparency, Quality, and Efficiency of Disclosures and Reporting


 

In 2018, an independent panel of portfolio managers and analysts selected Alexandria for its third Nareit Investor CARE (Communications and Reporting Excellence) Gold award among Large Cap Equity REITs in recognition of our industry-best communications and reporting excellence.

 

For more information on Alexandria's Corporate Governance guidelines and policies, please click here. 



Forward Looking Statements

The information contained herein above, including through the links set forth therein (collectively, the “ESG Information”), is intended to highlight our efforts in environmental sustainability, social responsibility and corporate governance (ESG). Socially responsible investing is qualitative and subjective by nature, and there is no guarantee that the criteria utilized, or judgment exercised by Alexandria will reflect the beliefs or values of any one particular investor. Certain information regarding responsible practices is obtained from published sources or third parties, which may not be accurate or complete, and Alexandria is dependent on such information to evaluate and implement responsible practices. The standards of measurement and performance for ESG issues are developing or are based on assumptions, and norms may vary by region. There is no assurance that Alexandria will successfully implement any of the ESG policies, strategies or procedures outlined in the ESG Information, or that, if implemented, such policies, strategies and procedures will have any particular ESG-related affect. Past performance should not be viewed as a guide to future performance. Alexandria makes no representation or warranty regarding the ESG Information.

The ESG Information does not constitute, or form part of, an offer to sell, or solicitation of an offer to buy, any securities, and may not be relied upon by you in evaluating the merits of investing in any of our securities and does not contain all of the information necessary to make an investment decision, including, but not limited to, the risks, fees and investment strategies. Nothing in the ESG Information constitutes advice relating to legal, taxation, accounting, regulatory or investment matters and potential investors are advised to consult their own professional advisors in connection with making an investment decision. Any offers to sell or solicitations to buy our securities shall be made only by means of a prospectus approved for that purpose.

The ESG Information includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify the forward-looking statements by their use of forward-looking words, such as “forecast,” “guidance,” “projects,” “estimates,” “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “seeks,” “should,” or “will,” or the negative of those words or similar words. These forward-looking statements are based on our current expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts, as well as a number of assumptions concerning future events. There can be no assurance that actual results will not be materially higher or lower than these expectations. These statements are subject to risks, uncertainties, assumptions, and other important factors that could cause actual results to differ materially from the results discussed in the forward looking statements. Accordingly, you are cautioned not to place undue reliance on such forward-looking statements. Alexandria and its directors, officers, employees, partners, affiliates, advisors, and agents do not accept any responsibility whatsoever or liability for any direct, indirect, or consequential loss or damage suffered or incurred by the recipient or any other person or entity, however incurred (including, but not limited to, negligence) in any way in connection with the ESG Information. We do not undertake to update forward-looking statements, or any other information provided herein, whether as a result of new information, future events, or otherwise.