More information on our governance activities is available in the Places to Connect section of our 2023 GID Responsible Investment Report.
Governance
Accountable
Places to Connect
Our collective success depends upon all parties acting with integrity and delivering results. So, we empower our leaders and teams to deliver on ESG targets, make responsible investment decisions, and report on our progress accurately and transparently.
Our Corporate ESG Structure
Our Executive Committee members attach a great deal of importance to responsible business and are invested in the success of our ESG strategy. The Executive Committee is advised on strategy by the ESG Committee. Representation on the ESG Committee comes from a range of departments across our company, ensuring the input of multiple points of view and providing a communications pathway from the committee to the broader community of associates.
We also have a dedicated four-person sustainability team, supported by third-party ESG consultants, fully focused on our ESG performance. They coordinate our efficiency projects across our portfolio, maintain relations with our investors, engage our compliance and legal teams, monitor data collection and management, support transparent reporting, encourage continuous improvement, and strengthen stakeholder engagement.
ESG Policies and Guidelines
Our commitment to sustainability extends throughout GID and Windsor Communities®. To ensure consistent implementation of our ESG strategy, we have established a range of policies and guidelines. These strict ethical codes and procedures enable us to navigate toward a more resilient and responsible company and portfolio of assets.
GID’s Culture of Compliance
We aim to create a workplace where our people thrive while developing a culture of compliance. That is why all GID associates are expected to follow a Code of Professional Conduct that promotes collaboration, communication, honesty, and understanding.
With our ethics hotline and web-based reporting form, associates can confidentially report compliance concerns or suspected wrongdoing. Our anti-retaliation policy ensures that reporting is encouraged without fear of repercussions. We want our people to feel confident in speaking up and helping us maintain our strong ethical practices.
Stakeholder and Investor Relations
Thanks to the deep partnerships we have with our investors, we are uniquely positioned to have open conversations with them while keeping the needs of our associates, residents, and tenants clearly within view.
Our investors are actively engaged in the success of our ESG initiatives. We keep them updated on the topics that are material to their interests, while maintaining transparency and accountability on our overall performance.
GID’s investor communications involve multiple touchpoints designed to keep our partners informed on our ESG strategies, targets, progress, and achievements.
Industry Engagement
GID is recognized as a leader in the commercial real estate industry. We actively contribute through industry organizations, conference speaking engagements, and article contributions.
We are active members of Urban Land Institute (ULI) Greenprint Performance Committee and Multifamily, Industrial, and SFDR subcommitees. GID also serves on the NMHC ESG Task Force and has contributed to the NCREIF/PREA ESG Reporting Task Force.
Our Head of ESG spoke about green leasing at the Greenbuild Conference in Washington, D.C., and presented at a real estate roundtable in Boston, while GID hosted the GRESB North America results event at our Waterline Square property in New York City in November 2023.
