Reduced Burden | Reliable Income | Liquid Assets
Corporate Responsibility
Building Communities, Protecting the Environment, Upholding Values
At Medalist Diversified REIT, we believe that our success is intertwined with our responsibility to the communities we serve, the environment we protect, and the values we uphold. We take our commitment to sustainable practices, social impact initiatives, and ethical governance seriously. We integrate environmental, social, and governance (ESG) principles into our operations to create positive, lasting change. Learn about our efforts to reduce our carbon footprint, support community development, and maintain the highest standards of corporate ethics.
Environmental Practices
We own assets under long-term leases that typically obligate our tenants to maintain the properties they occupy, encompassing the environmental impact of their operations and any sustainability initiatives they opt to undertake.
- Our leases require tenants to have comprehensive insurance.
- Our investment team consistently monitors our properties for potential contamination, susceptibility to natural disasters, and other environmental risks.
- We actively support and encourage our tenants’ sustainability initiatives.
- We embrace remote work policies that prioritize environmental sustainability.
Social Responsibility
We recognize that our people are the cornerstone of our success and are dedicated to fostering a safe and healthy workplace where our team members can thrive both professionally and personally.
- Our Code of Business Conduct and Ethics govern our professional conduct and ethics with respect to our people, our partners, our health and safety, and our IT security.
- We provide our team members with a comprehensive benefits package, which includes:
- Competitive base salaries, along with cash and equity incentive opportunities.
- Profit sharing and a 401(k) plan with a partial company match.
- Comprehensive medical and dental insurance, with the company covering a significant portion of the premiums.
- Generous paid time-off benefits and flexible work schedules.
Corporate Governance
We are dedicated to maintaining high standards for corporate governance predicated on integrity and transparency.
- Our Board of Directors is currently comprised of six directors, five of whom are independent, non-associate directors.
- Directors are elected annually based on a majority vote standard.
- Our Board’s Audit Committee is responsible for ensuring the integrity of our financial statements and compliance with legal and regulatory standards. This committee selects and supervises our independent registered public accounting firm. Comprising four independent directors, at least one of whom is a financial expert, the committee diligently oversees these critical aspects of our operations.
- Our Board’s Compensation Committee conducts annual compensation reviews for our key executives and independent, non-associate directors. Executive compensation plans primarily hinge on achieving specific performance metrics linked to our company’s success. Additionally, the committee oversees our human capital management, focusing on the attraction, motivation, development, and retention of associates. The committee consists of three independent directors.
- Our Board’s Acquisition Committee comprises three members, all of whom are independent directors. The Board has determined that these members meet the independence criteria set forth by Nasdaq and the Company’s Corporate Governance Guidelines.
- Our Board’s Nominating & Governance Committee comprises three members, all of whom are independent directors. The Committee annually reviews with the Board the necessary skills and attributes for new directors, as well as the overall composition of the Board and its Audit, Compensation, and Nominating and Corporate Governance Committees.
