LOGISTIS ESG OBJECTIVES

LOGISTIS/AEW is committed to a vision of prudent property stewardship with the goal of enhancing the sustainability measures of its commercial property investments. LOGISTIS follows AEW’s commitment to:

1. Reduce energy consumption, carbon emissions, and water usage through conscientious management and innovative practices 
2. Create healthy work environments that stimulate productivity and promote the sustainable communities in which they reside 
3. Raise awareness by communicating our sound environmental practices to employees, partners, investors, and tenants 
4. Minimize risk and lower operating expenses to increase the efficiency and long-term value of our properties 

In addition to this, LOGISTIS has instituted a systematic approach to improve the operating metrics of its investments by incorporating ESG elements (environmental, social, and governance) into its asset analyses.

This commitment is embodied in an environmental policy outlined below:

1. General Sustainability

• Ensure responsible fund and asset management whilst reducing our environmental footprint.

2. Environment       

• By 2035, reduce energy usage by 40% against a 2019-2021 baseline. 
• By 2035, reduce GHG emissions by 44% against a 2019-2021 baseline. 
• By 2050, achieve net zero emissions for AEW LOGISTIS´s real property asset investments, in line with the fund's comprehensive and action-oriented ESG roadmap in line with global efforts to limit global warming to 1.5°C applying the CRREM pathway methodology or equivalent.
• Aim to install LED lighting across 100% of the LOGISTIS portfolio by 2026.  
• Aim to install SMART meters for energy monitoring across 100% of the LOGISTIS portfolio. 
• Aim to monitor water consumption of 100% of the LOGISTIS portfolio. 
• Obtain the energy certificates of 100% of the LOGISTIS portfolio
• Double the solar production capacity between 2022 and 2030 across Europe. 
• Minimize risk of pollution by conducting a soil pollution audit before construction, and monitoring water and air emissions in LOGISTIS’s developments.
• Aim to conduct a Life Cycle Analysis (LCA) on new developments where feasible, in compliance with EN 15978 and EN 15804 norms, as well as the EU’s LEVEL(S) framework (In 2025, 100% of the developments by area were subject to LCAs. The average embodied carbon value for these LCAs stood at 508 kgCO2/m2/50 years)

3. Social

• Achieve and promote zero discrimination on the grounds of gender, race, religion, sexual orientation, ethnicity, and age amongst employees involved in fund/asset management 
• Deliver the required training to all fund/asset management employees to enable them to perform their duties to the highest standard 
• Ensure fair salaries for all fund/asset management employees 
• Conduct tenant satisfaction surveys for LOGISTIS periodically and develop action plans to improve satisfaction 

4. Governance

• Ensure full compliance with NATIXIS’ code of ethics 
• Ensure full compliance with the UN Principles for Responsible Investment requirements 
• AEW/LOGISTIS requires all subcontractors to comply with minimum ethical contractual requirements 
• Encourage and promote collaboration between stakeholders, including property managers, tenants, investors, and employees 
• Ensure controls are in place to guarantee compliance with all codes of conduct for employees 

5. Health and Well-Being

• Monitor temperatures at workplaces in office and storage areas 
• Ensure indoor air quality ventilation and use low-emission materials where possible to limit air pollution across the fund’s portfolio