Environmental Responsibility
As an owner of a large number of properties throughout the United States it is important to National
Retail Properties to be a good corporate citizen and a good steward of the environment and environmental
resources. We demonstrate our commitment to good stewardship of the environment in a variety of ways
both at our headquarters in Orlando, Florida and at our properties across the country, including all of
the following:
Corporate Headquarters
- We promote energy efficiency by the mandatory shut down of all lighting, HVAC and computer systems
every day.
- We have an active and effective recycling program with all employees participating in the recycling
of all waste paper products, glass, metal, and electronic wastes, including ink cartridges, cell
phones and office equipment. Furthermore, we encourage our associates to avoid the unnecessary use
of paper and other environmental resources.
- We actively engage with our landlord to assist in the implementation of new sustainability and
conservation initiatives throughout our building.
- Employees are encouraged to carpool and to ride mass transit to and from the workplace.
Additionally, we allow associates to pay for such transportation costs with pre-tax earnings.
Our Properties
- Our properties are generally leased to our tenants under long term triple net leases which gives our
tenants the control over our properties and the ability to institute energy conservation and
environmental management programs. Our tenants are overwhelmingly large companies with sophisticated
conservation and sustainability programs. These programs limit the use of resources and limit the
impact of our properties on the environment, including but not limited to implementing green
building and lighting standards, and recycling programs.
- When lease renewals arise or we enter into new leases with tenants we are actively committed to
engaging with tenants to become partners on how best to conserve energy at all of our properties and
meet green building and usage standards in accordance with best practices.