Report highlights firm’s strong progress toward decarbonization and commitment to social impact programs aimed at creating tangible change

Link Logistics (“Link” or the “Company”), a leading operator of last-mile logistics real estate, today announced the release of its 2023 Sustainability Report.

“Since our founding five years ago, the entire Link Logistics team has maintained an unwavering commitment to driving sustainability across our operations and implementing social impact programs for people both within and outside of our firm,” said Luke J. Petherbridge, chief executive officer, Link Logistics. “Our Sustainability Report is not only a reflection of our ESG achievements, but a testament to our dedication to driving value for our customers through innovative solutions and programming. As we look ahead, with the clean energy transition firmly underway, we will continue to partner closely with our customers to support the next era of warehouse operations.”

2023 Sustainability Highlights

• On track to achieve carbon neutral operations by 2025 with more than 12,000 metric tons of carbon reduced through energy efficiency projects
• Launched Energy Solutions, Link Logistics’ comprehensive energy and utility management program, which has reduced enrolled customers’ utility expenses by an average of 12% to date
• Hosted the inaugural Link Logistics Energy & Sustainability Summit with customers and partners to discuss sustainability best practices and identify market opportunities
• Named a 2023 ENERGY STAR^® Partner of the Year – the first company in the industrial real estate sector to receive this award – for the second consecutive year
• Benchmarked 227 million square feet of Link Logistics space through EPA ENERGY STAR Portfolio Manager^®
• Converted 36 million square feet of Link Logistics space to LED or high-efficiency lighting
• Achieved LEED certification for 2.8 million square feet of space across 10 projects
• Installed and commissioned 36 megawatts of new solar capacity in 2023, with a total operating solar portfolio of 82 megawatts

2023 Social Impact Highlights

• Donated $2 million to 18 projects in 11 states through the Link Logistics Community Grants Program, which addresses hunger, education and hyperlocal needs
• Funded 3.1 million meals through CoreGiving, Link Logistics’ marquee nonprofit partner
• Matched more than 130 employee donations resulting in over $100,000 for local nonprofits
• Achieved more than 60% participation from employees in one or more of Link Logistics’ employee resource groups

“2023 was a milestone year for sustainability at Link Logistics, as we introduced our award-winning energy and utility management program, Energy Solutions, and hosted our inaugural Energy & Sustainability Summit,” said Sam Stockdale, senior vice president, head of Sustainability, Link Logistics. “I am incredibly proud of all that our team accomplished in accelerating decarbonization across our platform while delivering meaningful value for our customers.”

Visit Link Logistics’ Sustainability Report webpage to view a video message from Link Logistics’ chief executive officer and explore the full report.

About Link Logistics

Link Logistics is a leading operator of last-mile logistics real estate. As of June 30, 2024, Link Logistics serves approximately 9,000 customers and owns, has interests in, manages or has under development logistics facilities that will represent a total of 526 million square feet across key U.S. distribution markets. Established by Blackstone in 2019, Link Logistics has the scale, footprint and proprietary insights, as well as a focus on sustainability, to drive value for our customers and stakeholders. For more information regarding the Company, please visit www.linklogistics.com.

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