Governance of ESG
FSP is managed under the direction of our Board of Directors, which is currently comprised of seven members. Our Board of Directors supports the prudent implementation of green initiatives. In 2013, management formed a Sustainability Committee. The Sustainability Committee is co-chaired by our Chief Operating Officer and also includes our President and Chief Investment Officer, our President of FSP Property Management LLC and representatives from almost every department. The Sustainability Committee is responsible for the direction of our sustainability program.
Recent areas of focus by the Sustainability Committee include:
- Energy Consumption Management
- Greenhouse Gas Emissions
- Waste Management
- Water Consumption Management
FSP's sustainability efforts are guided by our aim to always conduct business in an ethical and principled manner, as described in our Code of Business Conduct and Ethics. Additionally, we strive to actively monitor new environmental requirements to stay ahead of the ESG regulatory environment.