Our Commitment

Artis is on a path of continuous growth and improvement in all areas of our Environmental, Social and Governance (ESG) program.

Artis is committed to conducting its business in a sustainable manner, with a focus on continuous and measurable improvement and transparency in all areas of its environmental, social and governance performance.

Letter from the CEO

2022 was a year of continuous growth and improvement in all areas of our Environmental, Social and Governance (ESG) program. The team at Artis, including our Board of Trustees, continue to view the advancement of ESG initiatives throughout the organization as a high priority for Artis – a promise we made to our owners as part of our Business Transformation Plan.

Our commitment is to conduct our business in a sustainable manner, with a focus on continuous and measurable improvement and transparency in all areas of our ESG performance. This starts within our own offices – by creating and fostering an environment that goes beyond prioritizing sustainability, such that ESG becomes a foundational component of business and an integral part of our day-to-day operations and culture-a true ESG-minded company.

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Samir Manji

President and Chief Executive Officer

Samir Photo

I can say wholeheartedly that, over the last two years, we have taken our commitment to ESG very seriously. In 2022, we made several improvements that we are proud of, including submitting to GRESB, reducing like-for-like energy and water consumption and GHG emissions, receiving various employer awards and implementing several new, sound governance policies. These are only a selection of achievements from the past year and, in the meantime, the work continues behind the scenes as we continuously seek ways to track and reduce our environmental footprint, be active and engaged members of the communities in which we operate (and beyond) and ensure our policies and practices throughout the company are reflective of our dedication and commitment to sustainability.

We are confident that with our unwavering commitment and dedication, we will continue to have a positive impact on the environment while strengthening our business and creating a culture that allows us to attract, retain and develop the best talent. There is so much more to do - in this field that is continuously evolving, there will always be opportunities for improvement. Under the stewardship of the Governance, Nominating and Compensation Committee of our Board of Trustees and through execution by our internal ESG Committee, we will continue to strive to establish Artis as a leader in ESG best practices and look forward to reporting on our progress throughout the rest of the year and beyond.

Thank you to our stakeholders for sharing in our commitment to paving the way towards a more sustainable future.

Sincerely,

Samir Manji Signature

Samir Manji

President and Chief Executive Officer

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United Nations Sustainable Development Goals

The United Nations Sustainable Development Goals (UN SDGs) are a set of 17 goals that were adopted in 2015 and that aim to end poverty and inequality, protect the planet and ensure that all people enjoy health, justice and prosperity. The UN SDGs established 2030 targets to address global challenges such as climate change, sustainable consumption, economic inequality, innovation, and peace and justice.

Through Artis's business activities and ESG initiatives, the REIT is committed to actively and positively contributing to the following UN SDGs.

Artis commits to contributing positively to the following UN SDGS:

Goal 3 - Good Health and Wellbeing
Ensure healthy lives and promote well-being for all at all ages.

Goal 5 - Gender Equality
Achieve gender equality and empower all women and girls.

Goal 6 - Clean Water and Sanitation
Ensure availability and sustainable management of water and sanitation for all.

Goal 7 - Affordable and Clean Energy
Ensure access to affordable, reliable, sustainable and modern energy for all.

Goal 8 - Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Goal 9 - Industry, Innovation and Infrastructure
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

Goal 11 - Sustainable Cities and Communities
Make cities and human settlements inclusive, safe, resilient and sustainable.

Goal 12 - Responsible Consumption and Production
Ensure sustainable consumption and production patterns.

Goal 13 - Climate Action
Take urgent action to combat climate change and its impacts.

Stakeholder Engagement

At Artis, we recognize that in order to establish ourselves as a leader in ESG best-practices, we need the support of, feedback from and collaboration with our diverse group of stakeholders. Transparency, communication and accessibility are the foundation of Artis’s stakeholder engagement strategy. This includes a commitment to continuously strengthen relationships with employees, the investment community, tenants, vendors and other partners and stakeholders.

Internally, Artis has several methods of engaging with its employees, including meetings and virtual townhalls with its team of 172 employees across North America.

Externally, Artis has enhanced its investor relations engagement strategy by leveraging virtual platforms to engage with the investment community more readily.

Artis is committed to strengthening its relationships with all stakeholders through transparent and fulsome reporting on the REIT’s sustainability and ESG objectives, communicating how the company is differentiating itself to create long-term value and initiating conversations around innovation in ESG practices. Artis recognizes that the needs of its investors, tenants, suppliers, employees and the community as a whole are continuously evolving and the REIT is committed to creating a roadmap for enhanced stakeholder engagement and communication in 2023 and beyond.

There are various ways in which Artis engages with stakeholders throughout the year.

UnitHolders

  • One-on-one meetings
  • Annual general meeting of unitholders
  • Presentations to institutional investors and analysts
  • Annual reports
  • Letters to unitholders
  • Management information circulars
  • Quarterly reports
  • Quarterly conference calls
  • News releases
  • Company website
  • Company LinkedIn profile
  • Email communication via subscription mailing list
  • Investor relations email address

Industry

  • Presentations or speaking engagements at conferences
  • Participation in industry associations and committees
  • Company website
  • Company LinkedIn profile
  • Sponsorship of industry event

Tenants

  • In-person or virtual meetings
  • Company website
  • Tenant events
  • Company LinkedIn profile
  • Artis CONTACT (24-hour web-based work order program for service requests)
  • ESG Community website portal
  • Tenant satisfaction survey

Employees

  • Internal employee portal
  • Email updates
  • Wellness events organized by Artis’s internal wellness committee
  • Social events organized by Artis’s internal social committee
  • Volunteer events organized by Artis's internal philanthropy committee
  • Town hall events (virtual and in person)
  • Employee engagement survey

The Path Forward

The following is a list of select goals that Artis has established for its ESG program for 2023.

Publish a tenant sustainability guide;

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Form a diversity, equity, and inclusion committee;

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Form a health and safety committee;

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Create and adopt a portfolio-wide air quality testing policy;

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Conduct second annual employee engagement survey;

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Conduct and expand on second annual tenant satisfaction survey;

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Improve the REIT's GRESB score;

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Provide additional training and resources to property managers to conduct property-level energy and water consumption analysis;

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Conduct portfolio-wide property-level climate risk assessments;

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Continue to report in alignment with GRI, SASB, TCFD and the UN SDGs