Terreno Realty Corp
For the period ended May 6, 2025. Filed Mar 21, 2025.
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May 6, 2025 · Filed Mar 21, 2025
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Contents
Social Responsibility
We recognize that our success is linked to the talent and expertise of our people. We invest in our employees and are committed to growing individual skills and leadership qualities across our business. We have a dedicated ESG Committee to provide oversight to our ESG strategy with a focus on not only environmental stewardship, but also employee engagement. Our ESG Committee is led by our executive vice presidents and comprises employees at all levels of the Company. Our employees are encouraged to make healthy lifestyle decisions that can ultimately benefit the Company by reducing insurance claims and boosting productivity and we provide a monthly wellness reimbursement allowance. We encourage our employees to engage in volunteer work and provide paid time off to participate in charitable activities. We support our employees’ efforts to give back to their communities and match a portion of employee donations to qualifying nonprofit organizations.
We value diversity within our board and employees in terms of gender, ethnicity, race, background, and experience. As an equal opportunity employer, we reward our employees based on merit and their contributions.
Our properties are often located in traditionally under-served urban infill locations, and we transform these locations into highly functional industrial properties that facilitate job creation in the surrounding communities. Since our inception in 2010, we have invested approximately $240 million in capital improvements in our portfolio that improve the operating efficiency of our portfolio as well as improve employee health and productivity.
Respect for human rights is a fundamental value of Terreno Realty Corporation. We endeavor to comply with all applicable human rights and labor rights laws. We expect our vendors and suppliers to adhere to these laws and encourage them to adopt similar policies within their own businesses.
Social Responsibility Highlights:
| • | Employee wellness reimbursement benefit; |
| • | 100% of full-time employees receive restricted stock; |
| • | Continued partnership with Worklink to provide work and meaningful community inclusion for people with disabilities; |
| • | Hosted three volunteer days; |
| • | Donated approximately $55,000 to local food banks where we own property and approximately $25,000 to Red Cross towards wildfire emergency efforts in Los Angeles; |
| • | Became a Founding Patron of Pension Real Estate Association, or PREA, Foundation. The PREA Foundation works to advance diversity and inclusion in the institutional real estate industry. We will sponsor internships associated with the PREA foundation in 2025; and |
| • | Committed $150,000 over three years to support All Within My Hands’ Work Force Education program through the Metallica Scholars Initiative. Metallica Scholars is a major workforce education initiative that provides direct support to community colleges to enhance their career and technical education programs. One of Terreno’s co-founders also committed $75,000 over three years to this initiative. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.