We lead with responsibility.
The Realterm Way means that we are not only doing the right thing for investors and tenants but also for the communities we operate in. We strive to embed socially responsible principles and practices into everything we do.
Annual Sustainability Report
As our Annual Sustainability Report demonstrates, we have put ESG+R practices at the heart of our organization. We’ve seen firsthand the positive impact the transportation and logistics industry can have in the countries where we live and work and the world and how it can generate long-term value for our shareholders. We believe these initiatives happen through global solidarity, and everything we do is connected to local needs and the broader international effort.
Realterm investigates and implements beneficial “green” building and construction techniques to its development projects. We remain sensitive to delivering these green initiatives while balancing the economics of the initial project costs and long-term operational expenses to deliver an environmentally sensitive yet cost competitive development.
Our projects are consistent with the characteristics of high performance green buildings, when appropriate.
Not only does Realterm participate with LEED and BREEAM green building certificates globally, but as we grow globally, we plan on participating with other green building certificates that are relevant within all markets Realterm operates.
Realterm’s resilience strategy intends to support the transition to a low carbon economy and to ensure the continuity and resilience of the business by ensuring that our funds are resilient to the impeding impacts of climate change. Physical climate risk screening has been conducted for all assets across our Funds using Physical climate risk screening has been conducted for all assets across our Funds using Moody’s 427 and Cervest climate data. Realterm is also a member of TCFD.
Over the course of 2022 and 2023, we will build upon this using additional datasets and tools to further assess the impact that material physical and transition risks may have across our Funds under various climate and temporal horizons. This analysis will allow us to determine the key climate-related risks posed to our Funds, and to identify opportunities from these risks through appropriate adaptation and mitigation strategies. It is vital to understand these risks at an early stage to avoid physical facility disruption and financial loss.
Realterm understands the importance of social responsibility and the role we play in the communities around us and abroad. Community engagement is a key aspect of our dedication to creating a positive impact throughout our business practices. We choose to conduct business in a way that reduces societal risks and increases the opportunities for our community members through philanthropic activities. Realterm is working to create a network of charitable opportunities to better serve our community and create a sustainable net positive impact.
Realterm has a number of ways it gives back to the community and the environment. Through philanthropic efforts, green initiatives, charity donations and more, Realterm is working to provide support and resources to the community.
All sustainable policies and procedures are reviewed and approved by our Sustainability Oversight Committee and reviewed annually by a third party. This ensures our ESG+R initiatives are circulated to the very top of our organization and meet any compliance issues.
Realterm has implemented measures to further our ESG+R initiatives at a robust pace such as ESG+R employee training, corporate policies and procedures, asset level energy efficiency and carbon neutral measures. Our partnerships and alignments include:
- Corporate: GRI (annual report), UNSDGs, TCFD and Diversity Jobs
- Funds: GRESB, SFDR/EU Taxonomy (select Funds), ASAN Taxonomy (select Funds), K-Taxonomy (select Funds), Energy Star, Conservice (Goby)
- Assets: BREEAM, LEED, BOMA 360, BCA Greenmark, NABERS, Green Star, CRREM, Moody’s 427 and Cervest
Investing in the communities we serve
Bringing nature back to the built environment through bee boxes
We installed bee boxes at 514 Express Center Drive, a 215,000-SF warehouse building utilized for air cargo, and at our facility at YUL airport. Additionally, we added improvements to further enrich the local flora and fauna. We partnered with Alveole, a company that connects with businesses to build ecological awareness, more sustainable cities and food systems by installing bee boxes. This initiative provides at least 100 jars of ultra-local urban honey with our own custom-designed label to be able to showcase the program and our efforts to bring nature back to the built environment.
Building a healthier environment through our compost program
24 Aero Drive, located in Calgary, in the province of Alberta, Canada, is a single tenant distribution warehouse with a robust waste collection and diversion program. There are three waste streams targeted at this property divided into landfill, recycling, and composting for both food and yard waste. Calgary is an optimal location for us to implement new waste practices, as it is a city that is forward thinking and leading the effort to cut down on waste sent to landfills. The city collects food and yard waste to be turned into Category A compost that is then sold to local gardens and farms, which supports a sustainable economy and environment.
Off-setting building emissions through our green roofs
Our Aero Chicago, LLC property, located at O’Hare International Airport consists of two state-of-the-art, on-airport, multi-tenant cargo complexes with a combined 783,630 square feet. Originally built in 2016, they earned LEED Silver and more recently a BREEAM In-Use Good certification. The vegetated area, which includes native soils and grass, covers 12% of the site and equals 94,023 SF of ecologically valuable land that partially offsets the impacts of the built environment. Each building hosts green roofs that span the length of the north facing side.
Global Vice President,
Corporate Sustainability & Operations
Assistant Project Manager,
Corporate Sustainability & Operations
Senior Vice President,