Rexford Industrial Realty, Inc

Rexford Industrial Realty, Inc. (NYSE: REXR) is a U.S.-focused industrial Real Estate Investment Trust (REIT). Rexford invests in, operates, and redevelops industrial properties throughout infill Southern California. Rexford's mission is to reinvent industrial real estate by creating value for their communities, tenants, employees, and shareholders through positive environmental, societal, and economic impacts.

Rexford Industrial's investment strategy and focus include redeveloping and recycling vintage and energy-inefficient buildings into highly functional, high-value properties with high green standards. This focus is reflected in their goal of achieving LEED Silver or higher for redevelopments and LEED Certified or higher for repositioning projects.

Rexford's commitment to achieving net-zero emissions by 2045, validated by the Science Based Targets initiative, marked a pivotal milestone in their journey to create a more sustainable future. To reach their commitment, they collaborate with tenants to implement sustainable practices and employ strategies such as electrification, energy efficiency upgrades, advanced metering, low-carbon construction, and renewable energy production and procurement.

Other commitments include:

60MW Projected solar installed or committed generating over 90,000 MWh annually by 2028
Net zero for value chain (scope 1, 2, & 3) 99% reduction goal by 2045

PORTFOLIO-WIDE LEADERSHIP COMMITMENTS

42% emissions reduction by 2030

30% reduction in energy intensity by 2045

Leadership Commitments

Better Climate Challenge

Goal

Commitment