Commits to Use 100% Renewable Electricity
Advances Strategy to Integrate Environmental Sustainability into Core Business Operations
Link Logistics Real Estate ("Link"), a Blackstone portfolio company and operator of the largest portfolio of logistics real estate assets in strategic last-mile locations in the U.S., today announced three environmental goals:
Powering 100% of all operations with renewable electricity by 2024;
Achieving carbon-neutral operations by 2025; and
Benchmarking 100% of the company’s building portfolio in EPA’s ENERGY STAR Portfolio Manager tool.
These actions will position the company as a leading environmental partner, decreasing Link’s own carbon footprint and enabling energy cost savings for Link and its customers. Benchmarking Link’s entire building portfolio will provide comprehensive data to support its customers as they improve operational efficiency and ensure the best return on investments.
"Sustainability is integral to how we operate, and our environmental goals are fundamental to our business strategy," said Link’s Chief Executive Officer, Luke Petherbridge. "We’ve set an ambitious carbon neutrality objective because we believe we must all do more to lower our environmental impact and address the impacts from climate change. By taking these actions, we are not only reducing Link’s energy costs and providing our customers with clean and cost-effective energy, but also demonstrating how Link is the premier, forward-looking logistics real estate partner, ready to solve critical challenges."
Link’s facilities are at the center of company supply chains, offering a unique opportunity to provide services that help customers achieve their carbon and energy goals. By setting a target for carbon neutral operations in just four years, Link Logistics has a significant opportunity to achieve a healthier future powered by clean, renewable energy.
About Link Logistics
Link Logistics, established by Blackstone in 2019, is a leading national provider of logistics real estate solutions designed to meet the needs of the modern supply chain. The Company operates the largest portfolio of high-quality logistics real estate assets located exclusively in the U.S. Link Logistics has more than 5,800 customers and 400 million square feet of logistics facilities across key distribution markets, particularly strategic last-mile locations in the U.S. Link Logistics has the scale, geographic footprint and logistics expertise, as well as a heightened focus on sustainability to power the supply chain of tomorrow. For more information regarding the Company, please visit www.linklogistics.com.
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