Rexford Industrial Releases Environmental, Social and Governance Impact and TCFD Reports

Core Viewpoint - Rexford Industrial Realty, Inc. emphasizes its commitment to Environmental, Social, and Governance (ESG) principles, showcasing measurable impacts and future strategies to enhance sustainability and stakeholder value [2][4]. ESG Goals and Achievements - In 2024, the company achieved significant milestones through its ESG strategy, including avoiding an estimated 28,500 metric tons of emissions by repurposing buildings and expanding solar capacity [7] - The societal impact generated by the company is estimated at $1.5 billion, attributed to neighborhood revitalization, job creation, and community engagement [7] - Strong governance practices were upheld, including enhanced cybersecurity measures and outreach to shareholders representing approximately 94% of outstanding shares [7] Future Strategies - The company plans to develop asset-level decarbonization plans, expand green building certifications, and scale solar energy capacity [4] - Continued community engagement and team development are identified as key drivers for long-term value [4] Company Overview - Rexford Industrial operates in Southern California's industrial real estate market, which is characterized by high demand and low supply [6] - As of March 31, 2025, the company’s portfolio includes 424 properties with approximately 51.0 million rentable square feet [6] - The company is structured as a real estate investment trust (REIT) and is a member of the S&P MidCap 400 Index [6]