Sustainability Report

First Listed Korean 
REIT to Publish 
Sustainability 
Report in 
Compliance with 
GRI Standards, 
Third-Party 
Assurance. 

ESR Kendall Square REIT, a logistics-focused REIT, performs socially responsible activities across environmental, social, and governance sectors, and published the ‘2022 Sustainability Report’ for the first time to provide relevant information clearly to stakeholders. We will actively communicate with stakeholders through sustainability report.

  • ESR KendallSquare REIT
    Sustainability Report 2022

    ESR Kendall Square REIT aims to enhance financial performance based on our expertise and stable asset management capabilities in domestic logistics real estate development and investment while achieving sustainable business, a key driver for the future management paradigm.

    Download 2022 Report






Sustainable
Asset Life
Cycle

We are committed to sustainable management by actively incorporating ESG elements throughout the entire lifecycle of our properties, from development, including site selection, design, and construction, to operation. By integrating environmental values at every phase and pursuing management activities that prioritize sustainability, we effectively address ESG risks. Our ultimate objective is to have a positive impact on the environment and stakeholders, fostering long-term collaboration and growth.

Sustainability of asset lifecycle

  • Asset sale
  • Investment analysis and decision-making
    Analyze assets on ESG and minimize risks before investment decision
    • Select sustainable sites
    • ESG due diligence
    • Climate change risk assessment
  • Planning, Design, and Development
    Minimize ESG risks and improve asset performance
    • Acquire certification for new green building:LEED BD + C, etc.
    • Ecological investigation report
    • Evaluate feasibility of installing solar panel
  • Operation and management
    Minimize operation costs, optimize operation, and adopting new technology
    • Guidelines for sustainable operation and maintenance
    • Acquire green building certifications for existing assets:LEED O+M, WELL Health Safety Rating, etc
    • Monitor energy and water consumption, GHG emissions and waste generation
    • Climate change risk assessment
  • Leasing
    Green Lease Contract
    • Include environmental conditions in the lease contract to ask for cooperation on monitoring energy, water, waste, etc.






ESG Highlights

We are dedicated to minimizing our environmental impact through sustainable and efficient asset development and operation. Our strategy includes careful site selection, green design initiatives, biodiversity protection, and the use of carbon-efficient, energy-efficient, and water-efficient products to reduce energy consumption, optimize water usage, manage waste, and minimize carbon emissions.

We proactively assess geological and climate-related hazards to develop strategies addressing climate risks. ESG factors are integrated into our logistics assets, aiming for global green building certifications such as LEED BD+C, LEED O+M, and WELL Health-Safety Rating. Many of our holdings are already certified green buildings, and we aim to increase this number. Our ongoing commitment to responsible water usage, renewable energy integration, and continuous energy conservation ensures our developments are sustainable and resilient, presenting a solid investment opportunity.

  • WELL Health-Safety
    Rating

  • US Green Building Council
    LEED Gold

  • Green Standard For Energy and Environmental Design
    (Excellent - Green Grade 2)

  • Building Energy Efficiency
    Rating Certification (Grade 1)