Granite ESG

Environmental Social Governance

Granite putting ESG to work – for you.

At Granite, our Environmental, Social and Governance principles have always been a guiding part of our company’s core values. They are ingrained into our culture and mission to build a better world for our communities, customers, partners and team members.

We endeavor to be industry leaders in making real estate and development opportunities environmentally and socially responsible.

Our governance guideposts are based on the highest standards of ethics, equality and diversity. It’s how we envision, plan, invest and build a greener future for growth, sustainability and opportunity.

Environmental

  • Snapshot of carbon reductions in our properties in a one year period:
    • 3202 fewer barrels of oil
    • 299 fewer cars on the road
    • 22,866 tree seedlings grown for 10 years
    • 13.7 fewer Olympic swimming pools
    • 160 fewer homes consuming energy with a cost savings of $160,435
  • We commit to building to LEED certified standards.
  • Inspire Wellness initiatives launched in 2020 with NPBI, to filter viruses and other particulates through our ventilation system, and touchless features totaling $10M across the portfolio
  • All properties in portfolio are Energy star rated with an average 84 rating
  • As a part of Inspire Wellness, we are partnering with Fitwel to certify new and current developments
  • Designated sustainability coordinator within Granite to implement programs
  • Properties developed with outdoor spaces and trails where possible
  • Successful redevelopment of a historical building Factory Six03
  • Successful redevelopment of a warehouse building Inland Tract
  • Current redevelopment of a former municipal building Forty Thorndike Cambridge
  • ULI Greenprint member
  • Collaboration with Alveole to support the bee population in some of our properties
  • Utility contracts for 20% renewables each year where possible
  • Twelve employees with LEED/BOMI High Performance designations
  • All properties recycle e-waste, batteries, lamps & ballasts, and many properties recycle glasses, wine corks, toner cartridges and Keurig pods
  • Recycling and waste management for our customers
  • Celebration of Earth Day with our customers
  • Complimentary EV Charging Stations available to customers in all markets

Governance

  • Profit sharing for all employees
  • Comprehensive Benefits program for employees inclusive of PTO for charity work
  • Reimbursements for Healthy Living and WFH business equipment
  • Collaborative Leadership Teams comprised of the Executive Committee and Management Committees
  • Development of strong future leaders through our Leading Edge Committee and LEAD (current and future leadership)
  • Full transparency of financials with employees twice a year (privately held company)