LXP Industrial Trust Publishes 2022 Corporate Responsibility Report and Announces 2023 GRESBĀ® Results
Improved 2023 GRESBĀ® Overall Score Five Points and Maintained āAā for Public Disclosure
NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (āLXPā), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it published its 2022 Corporate Responsibility Report. The report highlights LXPās environmental, social, governance and resilience (ESG+R) initiatives, progress and accomplishments in 2022. LXP continues to align its report with established reporting frameworks, including Global Reporting Initiative (GRI), the Task Force on Climate-Related Financial Disclosures (TCFD), Sustainability Accounting Standards Board (SASB) and the United Nations Sustainable Development Goals.
T. Wilson Eglin, Chairman and Chief Executive Officer of LXP, commented, āOur 2022 Corporate Responsibility Report highlights the continual development and enhancement of LXPās ESG+R program, including the implementation of additional socially responsible operations and the creation of sustainable platforms. We are focused on continuing to engage with stakeholders and supporting their needs through analyzing and improving upon our data metrics, fostering connections in our local communities and adhering to governance best practices.ā
LXPās Corporate Responsibility Report can be found on LXPās website at https://www.lxp.com/resources/.
In addition to publishing its 2022 Corporate Responsibility Report, other ESG-related accomplishments LXP has achieved year-to-date in 2023 include:
Improved 2023 GRESBĀ® Real Estate Assessment results when compared to 2022
Ranked third in the U.S. Industrial: Distribution/Warehouse, Listed Peer Group, increasing overall score five points to 74
Maintained first place ranking and an āAā in public disclosure among U.S. Industrial Peer Group and significantly increased public disclosure score nine points to 96
Executed over five million square feet of green leases in its consolidated portfolio
Achieved approximately 2.8 million square feet of green building certifications
Named 2023 Green Lease Leader with Gold recognition by the Institute for Market Transformation and the U.S. Department of Energyās Better Buildings Alliance
Became a member of ENERGY STAR Certification Nation, with five buildings earning ENERGY STAR certifications in 2022 ā recognized as being among the most energy-efficient buildings in the nation
Exceeded the Kingsley Indexās overall satisfaction rate in LXPās 2023 tenant satisfaction survey
Partnered with the Real Estate Exchange, a program focused on providing educational and career opportunities in commercial real estate for high achieving, diverse students
Installed RadGreen indoor air quality sensors at LXP corporate offices to monitor indoor air quality for its employees
Achieved inclusion in the 2023 Bloomberg Gender-Equality Index
Recognized as a 2023 Best Companies to Work for in New York
Appointed Jamie Handwerker as Lead Independent Trustee
ABOUT LXP INDUSTRIAL TRUST
LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant warehouse and distribution investments across the United States. LXP seeks to expand its portfolio through acquisitions, development projects, and build-to-suit and sale/leaseback transactions. For more information or to follow LXP on social media, visit www.lxp.com.
Contact:
Investor or Media Inquiries for LXP Industrial Trust:
Heather Gentry, Senior Vice President, Investor Relations
LXP Industrial Trust
Phone: (212) 692-7200 E-mail: hgentry@lxp.com