W. P. Carey Inc.
For the period ended Jun 13, 2024. Filed Mar 28, 2024.
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Jun 13, 2024 · Filed Mar 28, 2024
Contents
26 2024 Proxy Statement
"By its nature, our work promotes jobs and prosperity. Doing Good While Doing Well means that when we are financing properties for companies, we are also helping the communities those companies serve. It is important to always ask, What is the impact of what we are doing? What is good for society? What is good for the country?"—Wm. Polk Carey, Founder, W. P. Carey Inc. 2001
For more than 50 years, we have operated under two guiding principles: Investing for the Long Run and Doing Good While Doing Well. We believe that it is our responsibility to give back and that our ability to recruit top talent depends on demonstrating our commitment to the communities in which we operate.
We seek to continue to expand on our environmental, social and governance initiatives and disclosure and strive to be a leader in ESG over the long-term. Our Nominating and Corporate Governance Committee of our Board is responsible for overseeing our ESG program, which is also reviewed periodically by the full Board. Our ESG Committee is comprised of members throughout the organization and is co-chaired by our Head of Asset Management and Chief Administrative Officer, who report to our CEO. In 2023, we established a Climate Disclosure Working Group, which is led by our Director of ESG Reporting & Engagement, in order to prepare for anticipated required disclosures.
Frequent dialogue with our investors provides us with insights on the topics that are most important to them, including ESG related topics, and accordingly, during 2023, we completed meetings with over 390 equity and fixed income buy-side investment professionals.
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