ESG principles have been a part of DOC’s business practices since the company’s inception. As our business has matured, our ESG endeavors have evolved. We have transitioned from implementing ESG tactics on a case-by-case basis to formalizing our approach into measurable multi-year goals spanning the entirety of our business practices. In 2020, DOC has committed $3.75 million to sustainability projects to further our efforts as leaders in ESG performance within the REIT industry.
DOC is committed to reducing our energy usage, emissions and water consumption, and increasing our waste diversion rate, by 10% each over the three-year period commencing with 2019 and continuing through 2021. Utilizing 2018 as our base year, the tables below reflect our results in each area for 2019.
Footnotes: Energy, emissions, and water metrics are expressed in energy usage intensity (EUI) to normalize for building size by square footage. EUI expresses a building's energy use as a function of its size or other characteristics. Waste data is reported as a percentage of diversion rate, i.e., the percentage of waste diverted from a landfill or incineration facility. There were no significant changes in EUI based upon weather or occupancy.
At DOC, our Invest in better® philosophy includes a focus on providing better healthcare, better communities, and better returns. We also prioritize the wellbeing of our team members, our healthcare partners, the patients that visit our properties, and the communities we all call home.
Having exceeded our $250,000 goal for 2019, DOC has increased its commitment to charitable giving for 2020 to $300,000 to further support causes critical to our stakeholders. This marks our most ambitious yearly philanthropic goal to date, but it’s a number we’re confident we will exceed as we continue to build on the over $1 million in total charitable contributions DOC has made since the company’s inception. We are also committed to expanding our partnerships with our property managers and tenants on charitable and sustainable projects at their facilities and in their communities. This focus includes supporting the health, wellness, and education of our team members.
Here are just a few of our 2019 achievements:
Sound corporate governance is critical to ensuring DOC’s long-term growth and stability. In 2019, we took a step forward as leaders in the REIT industry by formalizing and publishing a Vendor Code of Conduct and Human Rights Statement to ensure the partners we engage with share our values and commitments to sustainability. DOC also formed a Diversity and Inclusion (D&I) Committee to ensure that we are not only conscious of D&I, but also leaders in D&I.