ESG and Sustainability at Dermody
Our sustainability strategy is rooted in the belief that long-term financial performance and responsible business practices are mutually reinforcing.
Guided by our mission and core values, we integrate sustainability considerations across our investment, development and operational activities, aiming to support both business performance and positive outcomes for our stakeholders, communities and employees.
Previous Reports:
Environmental
We are committed to environmental stewardship in the design, construction, and acquisition of our properties. Sustainable features may include:
- LED lighting with motion sensors
- Skylights/clerestory windows
- Reflective roofing systems
- Structural support for solar installation
- Reflective and cool roofing systems
- EV-capable parking lots
- Low-flow bathroom fixtures
- Tankless water heaters
- Low-emissivity glass windows
Solar panel roofing at 2589 and 2593 Goodrick Ave. in Richmond, CA
Videography by MILLER + MILLER Architectural Photography
Social
Dermody has always valued relationships – with our customers, partners, investors, and the communities in which we do business. We advocate for employee engagement through individual volunteering and philanthropy, and, as an organization, we are very fortunate to be able to give back to our communities each year in more ways than one. This commitment is evidenced in each of the following areas:
- Company mission statement
- Giving back to our communities
- Dermody Properties Foundation
- Commercial Real Estate Industry Foundation Donations
- Thanksgiving Capstone Award
Governance
Dermody promotes diversity in our team, our experience and our perspectives, and we seek to maintain and strengthen governance and transparency, ensuring that the interests of our employees, customers, partners and investors are aligned with our ESG goals. In doing so, Dermody:
- Employs an eight-person Executive Committee with decades of combined logistics real estate experience.
- Conducts company-wide training that focuses on ethics, conduct, IT security and fraud prevention.
- Performs regular external audits of compliance procedures.
ESG Benefits to Stakeholders
The Environmental, Social and Governance benefits to our stakeholders are vast and deliberate as we aim to:
- Continue to increase market reputation for customers and investors
- Continue to enhance investment returns
- Reduce tenant property expenses even further
- Continue to promote employee attraction, engagement, and retention
- Reduce our social, financial, legal and environmental liability
- Continue to demonstrate goodwill and community betterment
Dermody regularly contributes to industry organizations which are focused on furthering development, support and awareness of commercial real estate opportunities for underrepresented individuals, including:
- Association of Foreign Investors in Real Estate (AFIRE)
- Certified Commercial Investment Member (CCIM) Institute
- Commercial Real Estate Women (CREW) Network
- Institutional Real Estate, Inc. (IREI)
- NAIOP Commercial Real Estate Development Association
- National Association of Real Estate Investment Managers (NAREIM)
- Society of Industrial and Office Realtors (SIOR)
- Urban Land Institute (ULI)
- U.S. Green Building Council (USGBC) (LEED)