{"id":501635,"date":"2021-06-08T07:06:09","date_gmt":"2021-06-08T11:06:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/"},"modified":"2021-06-08T07:06:09","modified_gmt":"2021-06-08T11:06:09","slug":"innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/","title":{"rendered":"Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report <\/b><\/p>\n<p>SAN DIEGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nInnovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it has published its inaugural Environmental, Social and Governance (ESG) report. The report highlights how the company is addressing the top ESG priorities that matter to its stockholders, employees, tenant partners, communities and other stakeholders.\n<\/p>\n<p>\n\u201cThe IIP team is excited to issue our first annual ESG report, demonstrating our commitment to sound environmental management, collaborative community engagement and strong corporate governance principles that align to our team\u2019s core values,\u201d said Alan Gold, Executive Chairman. \u201cOur company, working closely with our long-term tenant partners, continues to drive substantial and lasting positive changes in the communities where we operate, by repositioning and renovating industrial buildings, bringing good long-term jobs to historically economically disadvantaged communities, and developing businesses that generate substantial tax revenues to support local services, schools and healthcare. Since beginning operations in December 2016, we are proud of what we have accomplished in these areas, as well as the contributions that our company and tenant partners have made across numerous other important causes. We are focused on continuing to make strong progress in our ESG goals, and look forward to providing all of our stakeholders annual updates on our achievements and future plans in these areas.\u201d\n<\/p>\n<p>\nSelect highlights from IIP\u2019s ESG report include:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nIIP invests extensively in economically disadvantaged communities, with direct employment at IIP\u2019s properties alone supporting over 5,000 full time employment positions as of year-end 2020, which is in addition to the construction jobs and numerous ancillary jobs across a wide spectrum of specialties that support IIP\u2019s tenant partners\u2019 operations.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nMany of IIP\u2019s projects focus on the redevelopment of existing industrial buildings, revitalizing previously vacant or under-utilized buildings, which translates into dramatic reductions of demolition and landfill disposal, driving embodied carbon savings.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nIIP partners with its tenants to extensively improve energy efficiency and environmental performance of its properties, including funding of improvements such as lighting upgrades, installation of building management systems, implementation of stormwater management systems, heating, ventilation and air conditioning upgrades, tiered cultivation, advanced irrigation systems, health and safety systems and greenhouse construction.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nIIP prioritizes the health and wellbeing of its employees, and moved all employees to a remote work environment in response to the COVID-19 pandemic, while at the same time working to foster connection and appreciation throughout this time.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nIIP established a Diversity, Equality &amp; Inclusion Policy, Human Rights Policy and Vendor Code of Conduct, which reflect IIP\u2019s core values in these areas.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\nIIP and its tenant partners, as well as IIP\u2019s individual employees and board members, extensively donated their time, expertise and financial resources across a wide spectrum of social initiatives, with that need being even more pressing in the face of challenges presented by the COVID-19 pandemic.\n<\/li>\n<\/ul>\n<p>\nIIP\u2019s 2021 ESG report is available on its corporate website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.innovativeindustrialproperties.com%2FESG%2F&amp;esheet=52441439&amp;newsitemid=20210608005206&amp;lan=en-US&amp;anchor=www.innovativeindustrialproperties.com%2FESG%2F&amp;index=1&amp;md5=8a7b3b331aea7a81586c06aa23266295\">www.innovativeindustrialproperties.com\/ESG\/<\/a>.\n<\/p>\n<p><b>About Innovative Industrial Properties<\/b><\/p>\n<p>\nInnovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Additional information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.innovativeindustrialproperties.com&amp;esheet=52441439&amp;newsitemid=20210608005206&amp;lan=en-US&amp;anchor=www.innovativeindustrialproperties.com&amp;index=2&amp;md5=4ed582ae91a280cd3962b0d2b8e6f4c1\">www.innovativeindustrialproperties.com<\/a>.\n<\/p>\n<p><i><span class=\"bwuline\">Innovative Industrial Properties Forward-Looking Statements<\/span><\/i><\/p>\n<p><i>This press release contains statements that IIP believes to be \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts are forward-looking statements. When used in this press release, words such as we \u201cexpect,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cestimate,\u201d \u201canticipate,\u201d \u201cbelieve\u201d or \u201cshould\u201d or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. IIP disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210608005206r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210608005206\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210608005206\/en\/<\/a><\/span><\/p>\n<p>\nIIP Contact:<br \/>\n<br \/>Catherine Hastings<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/>Innovative Industrial Properties, Inc.<br \/>\n<br \/>(858) 997-3332\n<\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Construction &amp; Property Alternative Medicine Environment Health Tobacco REIT Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210608005206\/en\/1114393\/3\/IIP_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report SAN DIEGO&#8211;(BUSINESS WIRE)&#8211; Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it has published its inaugural Environmental, Social and Governance (ESG) report. The report highlights how the company is addressing the top ESG priorities that matter to its stockholders, employees, tenant partners, communities and other stakeholders. \u201cThe IIP team is excited to issue our first annual ESG report, demonstrating our commitment to sound environmental management, collaborative community engagement and strong corporate governance principles that align to our team\u2019s core values,\u201d said Alan Gold, Executive Chairman. \u201cOur &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-501635","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report SAN DIEGO&#8211;(BUSINESS WIRE)&#8211; Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it has published its inaugural Environmental, Social and Governance (ESG) report. The report highlights how the company is addressing the top ESG priorities that matter to its stockholders, employees, tenant partners, communities and other stakeholders. \u201cThe IIP team is excited to issue our first annual ESG report, demonstrating our commitment to sound environmental management, collaborative community engagement and strong corporate governance principles that align to our team\u2019s core values,\u201d said Alan Gold, Executive Chairman. \u201cOur &hellip; Continue reading &quot;Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-08T11:06:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210608005206r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report\",\"datePublished\":\"2021-06-08T11:06:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\\\/\"},\"wordCount\":767,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210608005206r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\\\/\",\"name\":\"Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report - 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(IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it has published its inaugural Environmental, Social and Governance (ESG) report. The report highlights how the company is addressing the top ESG priorities that matter to its stockholders, employees, tenant partners, communities and other stakeholders. \u201cThe IIP team is excited to issue our first annual ESG report, demonstrating our commitment to sound environmental management, collaborative community engagement and strong corporate governance principles that align to our team\u2019s core values,\u201d said Alan Gold, Executive Chairman. \u201cOur &hellip; Continue reading \"Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/","og_site_name":"Market Newsdesk","article_published_time":"2021-06-08T11:06:09+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210608005206r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report","datePublished":"2021-06-08T11:06:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/"},"wordCount":767,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210608005206r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/innovative-industrial-properties-publishes-inaugural-environmental-social-and-corporate-governance-esg-report\/","name":"Innovative Industrial Properties Publishes Inaugural Environmental, Social and Corporate Governance (ESG) Report - 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