Nexus Industrial REIT Releases Its Sustainability Plan

Core Viewpoint - Nexus Industrial REIT has released its Sustainability Plan, which integrates sustainability with its strategic objectives to enhance its position as a leading provider of high-quality industrial properties in Canada [1][2]. Sustainability Approach - The Sustainability Plan emphasizes a structured program, proactive engagement, and portfolio-level oversight to achieve measurable sustainability goals in partnership with tenants and stakeholders [2][4]. - Nexus aims to minimize environmental impact through resource efficiency, pollution prevention, and climate action while creating positive social impacts and maintaining strong corporate governance practices [6][11]. Strategic Objectives - Nexus focuses on four mission-critical strategic objectives: 1. Growing a portfolio of high-quality industrial properties in desirable Canadian markets 2. Achieving operational excellence by optimizing leasing activities and leveraging technology 3. Disciplined capital allocation that benefits partners while maintaining a robust balance sheet 4. Creating lasting partnerships through a shared-value model with various stakeholders [6][15]. Sustainability Commitments - The Sustainability Plan outlines specific commitments across environmental, social, and governance pillars, including energy efficiency, water conservation, waste management, and greenhouse gas emissions reduction [3][8]. - Nexus will implement a Green Lease Annex to ensure tenants are contractually committed to supporting sustainability objectives, thereby integrating sustainability practices into its core business model [11][12]. Implementation Strategies - Nexus will maintain high energy efficiency standards, align with LEED BD+C standards for new constructions, and ensure timely submission of environmental compliance forms [13]. - The company will promote tenant well-being through engagement and resources, lead community initiatives, and maintain a diverse and independent Board to oversee sustainability strategies [12][13]. Reporting and Accountability - Nexus commits to providing stakeholders with an annual report summarizing progress on sustainability principles and measures, with the first report expected in 2026 [14].