Alexandria Real Estate Equities Inc.
ARE.US | Real estate activities with own or leased property
Alexandria Real Estate Equities, Inc. (ARE) is a real estate investment trust (REIT) that focuses on developing, owning, and operating life science, agtech, and technology campuses in innovation clusters. The company primarily leases its properties to tenants in the pharmaceutical, biotechnology, me...Show More
Better Health for All
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Alexandria's core business is devoted to health improvement by providing specialized lab and office space that enables exceptional health benefits. As of November 2024, its tenants were responsible for five out of six innovative medicines approved by the FDA
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, and its facilities house entities like Eli Lilly's Institute for Genetic Medicine developing therapies for challenging diseases
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. This enabling role generates significant positive health externalities. Alexandria leads exceptional mental health programs, including a public-private partnership to create a blueprint of biomarkers for depression
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and collaboration with The Kennedy Forum to reduce stigma and enhance care access
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. Additionally, Alexandria is a key partner in OneFifteen, a comprehensive addiction recovery model that has treated over 7,500 patients since 2019
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, demonstrating robust support for recovery.
Fair Money & Economic Opportunity
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Alexandria Real Estate Equities Inc. is a real estate investment trust (REIT) that develops, owns, and operates properties. Its core business involves leasing real estate, not providing financial services such such as lending, insurance, or deposit services to consumers. The 'Fair Money & Economic Opportunity' value and its associated KPIs are specifically designed to assess financial institutions based on their consumer financial products and services. Since 2019, over 7,500 patients have been treated
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. The provided articles describe social responsibility initiatives related to addiction treatment
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and K-12 education
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, but these do not involve the provision of financial products or services to clients in a manner that aligns with the specific metrics of this rubric.
Fair Pay & Worker Respect
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No evidence available to assess Alexandria Real Estate Equities Inc on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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The provided articles primarily detail Alexandria Real Estate Equities' environmental sustainability initiatives, including GRESB ratings, LEED certifications, green bonds, and renewable energy investments. explicitly states that "specific data on fair trade and ethical sourcing is not detailed in available reports, reflecting limited direct involvement in material procurement typical for real estate."
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Consequently, no concrete data points are available to assess any of the KPIs related to fair trade and ethical sourcing.
Honest & Fair Business
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Alexandria Real Estate Equities has a Business Integrity Policy that provides procedures for reporting non-compliance without fear of retaliation.
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This policy is comprehensive, extending to all employees, officers, and directors, and aligns with the Sarbanes-Oxley Act of 2002.
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Kind to Animals
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Alexandria Real Estate Equities Inc. (ARE) operates as a REIT, developing and leasing spaces for life science organizations.
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The company does not directly engage in animal welfare activities, animal testing, animal husbandry, or produce animal-derived products.
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While its tenants may conduct research involving animal testing, ARE's direct involvement is limited, and specific animal welfare policies for ARE are not reported.
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Therefore, most animal welfare KPIs are not applicable to ARE's direct business model.
No War, No Weapons
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Alexandria Real Estate Equities Inc. is a life science-focused real estate investment trust (REIT) that specializes in developing and managing properties for scientific research.
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The company explicitly states its non-involvement in military activities and focus on scientific advancement rather than arms, indicating no revenue from arms or defense contracts.
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As a REIT, its core business does not involve developing or selling dual-use technology, engaging in exports to embargoed regimes, or having assets in conflict-exposed sectors requiring divestment policies. Similarly, it has no defense business to oversee, no AI systems with military uses, no dual-use portfolio to screen, no surveillance activities, and no exposure to controversial weapons, thus not requiring ethical red lines or related compliance rates. The company also has no defense assets to divest, no applicable technology development for peace tech investment ratios, and no conflict zone procurement activity. While Alexandria has partnered with the Navy SEAL Foundation since 2010
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and The Honor Foundation since 2017
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to support military personnel rehabilitation, mental health, and transition to civilian roles, no proportion of revenue allocated to these peacebuilding initiatives is provided, preventing a quantitative score.
Planet-Friendly Business
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Alexandria Real Estate Equities demonstrates a commitment to sustainability through various initiatives. In 2023, the company earned 4-Star Ratings in the GRESB Real Estate Assessment, achieving a perfect score in public disclosure
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. Their 15 Necco Street laboratory facility incorporates a geothermal energy system and utilizes 100% renewable electricity, resulting in a 96% emission reduction compared to the Massachusetts 2020 baseline
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. The company also operates a solar farm that supplies 100% renewable power to Greater Boston
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. Recent projects have achieved LEED certifications, and the number of LEED certified projects increased by 7% compared to 2021
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.
Respect for Cultures & Communities
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The company has established 19 distinct formal partnerships with various non-profit organizations and institutions, including the Foundation for the National Institutes of Health, Fred Hutch Cancer Center, Verily, Center for Active Design, Emily Krzyzewski Center, NEXT for AUTISM, and Camp Kita.
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No cultural appropriation incidents have been reported.
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The company actively protects cultural sites by avoiding operations in conservation or World Heritage sites.
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For the One Alexandria Square Project, the design includes preservation within an existing open space and a non-build easement for an archaeological site, despite some planned encroachment for a driveway and parking structure.
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Safe & Smart Tech
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The company demonstrates good compliance with the California Consumer Privacy Act (CCPA), having proactively updated privacy notices and policies
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, implemented procedures to address California resident requests
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, revised document retention policies to minimize CCPA-subject information
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, and amended contracts with partners and vendors for data use restrictions and security measures
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. For user data control, the company offers options to access and update account information
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, opt-out of marketing communications
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, and manage cookies
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. California residents can also request information, access, deletion, and correction of their personal data
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. However, the company does not currently respond to "Do Not Track" signals
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. Authentication security includes username and password requirements for online accounts
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and the use of security codes sent via email
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.
Zero Waste & Sustainable Products
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No specific, quantifiable evidence was provided in the articles regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. The articles primarily focus on renewable energy, greenhouse gas emissions, and general sustainability certifications like LEED and GRESB
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, which do not provide the granular data required for the 'Zero Waste & Sustainable Products' assessment.