At Lionstone, we place high importance on transparency through the communication of our ESG strategy and objectives. We have developed the below ESG objectives, fully-integrated them into the investment process and are committed to monitoring progress and implementing strategies to meet our goals.


  • Seeking to achieve long-term reduction targets for assets in our portfolios:
    • Energy and GHG Emissions: reduce by 20% over 10 years or 2% annually
    • Water: reduce by 30% over 10 years or 3% annually
    • Waste: increase recycling rates to at least 75% over 10 years
  • Seeking to continually and steadily improve sustainability initatives across our real estate portfolios through monitoring and regular reporting of building energy, emissions, water and waste within our control.
  • Continually identifying low-cost measures, analyzing capital improvements and evaluating technologies to improve building performance.
  • Pursuing Energy Star® certification for eligible buildings annually.
  • Evaluating the feasibility of third-party green building certifications such as LEED®.


  • Engaging with our identified stakeholders regularly on material issues
    • Investors: Disclosing ESG performance in investor reports and providing regular updates on our LionShare ESG program
    • Property Managers: Providing tools and resources to engage property managers on sustainability issues and encouraging the implementation of sustainability practices and measures
    • Tenants: Encouraging sustainable practices by our tenants through the deployment of tenant engagement tools such as distributing educational materials, hosting events, and conducting tenant satisfaction surveys.
    • Employees: Engaging employees by providing regular training including ESG topics, conducting annual career performance reviews, offering employee benefits and promoting health and well-being
    • Community: Creating programs and hosting events that enhance Lionstone’s and our property’s local communities


  • Creating oversight and accountability through the direction of our ESG Taskforce
  • Disclosing our ESG objectives publicly and reviewing and updating them regularly