Link Logistics Unveils 2023 Sustainability Report
Link Logistics, a prominent player in the last-mile logistics real estate sector, has officially released its 2023 Sustainability Report. This report illustrates the company’s dedication to sustainability and demonstrates their ESG accomplishments, all aimed at providing value to customers through innovative approaches.
Commitment to Sustainability
Throughout its five years of operation, the Link Logistics team has exemplified a strong commitment to sustainability and social impact. According to Luke J. Petherbridge, the company's CEO, the Sustainability Report reflects not only the company's achievements but also their ongoing efforts to foster an environmentally responsible approach within the logistics landscape. With the clean energy transition well underway, Link Logistics is eager to partner with customers to enhance warehouse operations for the future.
Key Highlights of the 2023 Sustainability Report
2023 Sustainability Highlights:
- On track to achieve carbon neutral operations by 2025, already reducing over 12,000 metric tons of carbon through energy efficiency initiatives.
- Launched an Energy Solutions program that has already reduced participating customers' utility expenses by an average of 12%.
- Hosted the inaugural Link Logistics Energy & Sustainability Summit to share best practices and explore market opportunities with partners.
- Recognized as a 2023 ENERGY STAR Partner of the Year, making history as the first industrial real estate company to receive this award for two consecutive years.
- Successfully benchmarked 227 million square feet of space through the EPA ENERGY STAR Portfolio Manager.
- Converted 36 million square feet of their facilities to LED or high-efficiency lighting systems.
- Earned LEED certification for 2.8 million square feet across ten different projects.
- Installed and activated 36 megawatts of new solar capacity in 2023, now totaling an operational solar portfolio of 82 megawatts.
2023 Social Impact Highlights:
- Contributed $2 million to 18 distinct projects aimed at alleviating hunger and improving education through the Link Logistics Community Grants Program.
- Funded 3.1 million meals in partnership with CoreGiving, a key nonprofit partner.
- Matched employee donations that resulted in over $100,000 raised for local nonprofits.
- Achieved more than 60% employee participation in various employee resource groups, further solidifying community engagement within the company.
Sam Stockdale, Senior Vice President and Head of Sustainability at Link Logistics, noted that 2023 has been a landmark year for their sustainability initiatives. The introduction of the award-winning Energy Solutions program and the successful Energy & Sustainability Summit are just a few highlights they are proud of.
About Link Logistics
Established by Blackstone in 2019, Link Logistics has burgeoned into a leading provider of last-mile logistics real estate. As of mid-2024, it caters to approximately 9,000 customers while overseeing logistics facilities spanning a remarkable 526 million square feet across vital U.S. distribution markets. With a keen focus on sustainability and leveraging proprietary insights, Link Logistics is well-positioned to create enduring value for its customers and broader stakeholder community.
Frequently Asked Questions
1. What is the main focus of the 2023 Sustainability Report?
The report details Link Logistics' sustainability achievements and strategies to drive environmental impact and social responsibility.
2. How has Link Logistics reduced its carbon footprint?
The company is on track to attain carbon-neutral operations by 2025, having already reduced over 12,000 metric tons of carbon through efficiency projects.
3. What initiatives does the Energy Solutions program offer?
The program assists customers in managing their energy and utilities, resulting in an average savings of 12% on utility expenses.
4. How does Link Logistics contribute to social impact?
They support various community projects, donate to local causes, and engage employees in philanthropy, contributing over $2 million in 2023 alone.
5. What certifications has Link Logistics achieved?
Link Logistics has received certifications such as ENERGY STAR Partner of the Year and LEED certification for various facilities, showcasing its commitment to sustainability.
