ESG Policy

Introduction About Us: Founded in 2018, Inhabitr is the first AI driven technology platform to provide end-to-end furnishing solution for commercial real estate from design, procurement, installation to financing. It has established connectivity to a large global ecosystem of over 1,000 factories, warehouses, furniture makers, installers, movers, and financiers to consistently deliver high quality furniture significantly faster, more cost effectively and more sustainably compared to traditional furnishing processes.

ESG Governance: Our Senior Leadership team oversees our policies and operational controls for environmental, health, safety and social risks, and is led by the CEO and our Chief of Staff. The Committee meets regularly to set goals, budgets, and implementation timelines and monitor progress and results.

ESG Commitment: We strive to build sustainable, equitable, healthy, and cost-effective furnishing through a combination of innovative product solutions, AI driven product and furnishing development and exemplary environmental, social and governance (ESG) performance. This commitment informs every aspect of our business, including how we design and build new projects, operate our portfolio, collaborate with stakeholders and report progress.

1. Environmental Stewardship

1.1. Overview: We aim to embed environmental stewardship in everything we do. We believe we have a responsibility to minimize the energy, carbon, water and waste impacts of our business and recognize that these impacts occur not just in the daily operations of our portfolio but also through our entire value chain. As a result, we strive to reduce environmental impacts across the full life cycle of our buildings and our corporate operations.

1.2. Working with Environmentally Friendly, Sustainable Suppliers: Through this procurement policy, we intend to make our operations more sustainable by:

  • Upholding the laws and regulations of the respective countries we operate in
  • Endorsing highest standards of economic, social, ethical, and environmental practices
  • Identifying and moderating risks associated with our procurement process
  • Communicating the policy with stakeholders (internal and external) and raising awareness among our suppliers

In accordance with our commitment to the highest standards, we also expect our suppliers to aspire to the same standards in their business operations, including but not limited to:

  • Use only sustainable harvested wood and other materials.
  • Partnering with LEED certified manufacturers, who build to the highest environmental standards.
  • Comply and adhere to all the applicable environmental laws in respective countries/jurisdiction.
  • Undertake initiatives to promote greater environmental responsibility such as:
    • Responsible waste management and disposal
    • Reduction of greenhouse gasses and other emissions harmful to the environment
    • Conservation of nonrenewable natural resources

2. Social Responsibility

2.1. Overview: A deep commitment to social responsibility is core to who we are as a company. We believe people are at the heart of our business and take pride in our outstanding work culture. We strive to be an optimal employer to our workforce and landlord to our tenants, as well as a valued partner to our communities.

2.2. Compensation and Benefits: We know that the first step in hiring and retaining the best talent is to create safe and inspiring workplaces where people feel valued. We offer competitive compensation and benefits to all regular full-time employees, including but not limited to paid holiday, vacation, and sick time, retirement savings plans and medical, dental, and vision coverage. We also offer a very generous equity compensation program that empowers our team members to act and feel like owners, not just employees.

2.3. Culture, Engagement and Growth: We create fun, spirited work environments that reward innovation and collaboration at all levels. Every new employee is given a copy of the Douglas Emmett Promises which is a set of key operating principles and 15 promises that we all strive to embody every day. Leaders are encouraged to demonstrate an “open door policy” and employees can provide feedback through their annual performance reviews.

2.4. Health and Safety: The health and safety of our employees, tenants, and vendors is of the utmost importance to us. We adhere to leading health and safety standards across our portfolio, and each year, we conduct various health seminars and require our all employees to complete safety training.

2.5. Diversity and Inclusion: We embrace and value diversity in all its forms, whether gender, age, ethnicity or cultural background. Equal opportunity is integral to our recruitment process, as we aim to develop a community of diverse talent. We seek to maintain a positive workplace, free from discrimination and harassment. We champion pay equity and mutual respect, promoting an environment of fairness and equality. Our commitment to diversity and inclusion applies to the highest levels of the organization, including at the board level, where we recognize that diversity strengthens board performance and promotes long-term shareholder value.

3. Governance

3.1. Overview: We view good governance as essential to creating and preserving value for our shareholders and other stakeholders. This includes a sound approach to corporate governance that complies with all applicable laws, rules, regulations and policies as well as unwavering adherence to our values.

3.2. Constant Accountability

3.3.1. Ethics: Our directors and all employees, including senior management, conduct themselves in accordance with the highest moral and ethical standards, informed by a robust Code of Business Conduct and Ethics. We are committed to ensuring a fair workplace for our employees as well as partners with whom we do business. We have strict policies to protect against unlawful discrimination and harassment. We have an Open-Door Policy to encourage honest and direct communication to resolve issues and concerns in an expeditious manner. We also have an Ethics Hotline that provides an alternative and anonymous method of reporting suspected compliance violations, unlawful or unethical behavior, or fraud.

3.3.2. Human Rights: Our Human Rights Policy reflects our longstanding dedication to the preservation of basic rights and human dignity in our workplace and beyond. Douglas Emmett holds human rights to be an essential component of our business. We support internationally recognized human rights principles that promote and protect human rights. The policy applies to our operations and affiliates in all assets we own and operate.