STAG Industrial Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

STAG's governance practices serve as a framework for our senior leadership teams to report on ESG efforts, progress and issues to our Chief Executive Officer and to our Board of Directors on a regular basis. These practices also govern Board oversight of STAG's ESG goals, targets, and climate-related risks and opportunities, and serve to ensure the Board and all levels of management have a role in integrating climate-related matters into key decision-making protocols related to: - Overall business strategy - Major transactions and capital expenditure - Financial oversight and annual budgeting - Setting performance objectives Board member competence on climate-related matters is supplemented by information reported by management to ensure the Board's informed review, discussion and approval of the Company's ESG efforts. **ESG COMMIT TEES** STAG's Corporate Responsibility Committee consists of our General Counsel and senior leadership within our asset management, construction management, property management and investor relations teams. The Committee is tasked with guiding our environmental stewardship efforts, including assessing our carbon footprint, assessing and managing climate-related risks and opportunities and actively managing and monitoring the environmental performance of our properties. Separately, our employee-led Charitable Action Committee coordinates our community outreach and engagement work. STAG's Senior Vice President of Construction/Sustainability, Brian LaMont, is responsible for informing the Board of Directors on climate-related issues. His role is dedicated to advancing and coordinating our ESG and resilience efforts.

https://ir.stagindustrial.com/files/doc_financials/2023/sr/2023-STAG-ESG-Report.pdf

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, and we do not plan to have one in the next two years

CDP Questionnaire Response 2023