Franklin Street Properties strives to maximize shareholder value through the prudent application of sound environmental, governance and social actions. We believe that striving towards our goals not only improves the health of our planet, but also saves money on operating expenses, increases tenant and employee retention and reduces company risk. Specifically, we aim to:

  • Continually reduce our energy consumption through a mix of efficient building operations, select capital enhancements, and the implementation of new technologies
  • Obtain the ENERGY STAR label at 80% of the rentable square feet of our portfolio
  • Reduce our consumption of water through ongoing plumbing and HVAC enhancements and reduced water usage landscaping upgrades
  • Achieve LEED certification on any new developments
  • Engage with our tenants through regular building communications and special events
  • Give back to our local community by offering all FSP employees a "CTO", Community Time Off, paid day off once per calendar year to be used for volunteering time at local charitable activities or community events of our employees' choice
  • Conduct business in an ethical and principled manner, as described in our Code of Business Conduct and Ethics
  • Actively monitor new environmental regulations and ordinances to ensure that compliance is met ahead of the rule implementation date

FSP's investment in well-managed, high performing commercial properties combined with sound social and governance policies not only provides a better work environment for our tenants and employees, but also enhances the portfolio's value for shareholders.