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Corporate Sustainability

Storage with Purpose: Unlocking Value & Embracing Responsibility

At 10 Federal, we are committed to building a sustainable business that creates long-term value for our stakeholders while also contributing to a more sustainable future for our planet. We recognize the critical role we play in reducing our environmental impact and are proud to say that as a self-storage business, we already consume less energy and water while emitting fewer greenhouse gases than other real estate property types. Nevertheless, we are committed to continuously improving our environmental performance and have implemented several initiatives to reduce our environmental impact, including the installation of solar panels at many of our owned facilities.

But sustainability isn't just about environmental impact; it's also about social sustainability and upholding the highest standards of corporate governance and ethics. We are committed to promoting social sustainability by supporting the communities where we operate, fostering employee well-being and engagement, and delivering exceptional customer service to our tenants. We are also committed to upholding the highest standards of corporate governance and ethics, including compliance with regulatory requirements and ethical business practices.

By committing to sustainability, we are ensuring the long-term stability and growth of our business while also contributing to a more sustainable future for our planet. We believe that sustainability is essential to our business success, and we are committed to integrating sustainability principles into everything we do.


Fully Automated Operations: A Sustainable Edge

Unlike many traditional businesses, we do not have employees who commute to our properties daily. Our automated facilities are a testament to our dedication to minimizing emissions associated with daily commuting. By doing so, we contribute to reduced traffic congestion and cleaner air in the communities where we operate.

Pioneering Technology for Sustainability: Autonomous Drone Monitoring

We have harnessed the power of autonomous drone technology for remote property monitoring. This forward-thinking approach allows us to monitor our properties efficiently and effectively, all while minimizing the need for physical presence and travel. By significantly limiting the need to fly employees to remote locations, we reduce our carbon footprint associated with travel.

Reducing Commuting Emissions

At 10 Federal Storage, we are committed to pioneering sustainable practices that extend beyond the confines of our self-storage facilities. Our unmanned operations and digital initiatives are not just about convenience; they are about making a substantial contribution to environmental sustainability.

20,000+ Customers, Zero Paper, Countless Trees Saved

We have embraced a paperless billing system, offering 100% digital billing options to all our customers. This not only simplifies the customer experience but also significantly reduces paper consumption. By going paperless, we save countless trees and decrease the carbon emissions associated with paper production and distribution.

Efficiency Through Online Leasing

Our commitment to sustainability extends to our leasing process. We have transitioned to a fully online leasing system, eliminating the need for in-person visits and paper documentation. This digital approach not only streamlines our operations but also minimizes the environmental impact associated with traditional leasing methods.


Environmental Impact

At 10 Federal, we are committed to reducing our environmental impact and promoting sustainable practices across our operations. As a self-storage business, we are proud to be part of an industry that consumes less energy and water while emitting fewer greenhouse gases than other real estate property types.

Renewable Energy

Our flagship locations have embraced solar energy, with solar panels installed on-site.
These panels capture clean, renewable energy from the sun, significantly reducing our reliance on traditional energy sources. This not only lowers our operating costs but also contributes to a cleaner environment.

Energy Conservation

We have implemented several energy conservation measures across our facilities, such as installing energy-efficient LED lighting, motion sensors, and programmable thermostats. Additionally, we have upgraded our HVAC systems and implemented a building automation system that optimizes energy usage. Apart from retrofitting existing locations, we have integrated LED bulbs into all expansion projects. This proactive approach ensures that our new facilities are designed with sustainability in mind from the outset.

Water Conservation & Water Efficiency

All of our facilities are unmanned, which means we have lower water usage than facilities with full-time employees. We have also implemented water efficiency measures to reduce water consumption in our operations. These include installing low-flow fixtures, smart irrigation systems, using water-efficient landscaping practices, as well as ongoing monitoring and maintenance to identify and address water waste.

Reducing Our Carbon Footprint

Our unmanned operations and digital initiatives are not just about convenience; they are about making a substantial contribution to environmental sustainability. We are committed to reducing waste generation by implementing a comprehensive recycling program and encouraging our tenants to recycle. Additionally, we are proud to say that we are 100% paperless billing at all properties, which significantly reduces paper waste. By avoiding unnecessary commuting emissions and adopting paperless, online processes, we reduce our carbon footprint and promote a greener, more efficient way of doing business. Every time a customer receives a paperless bill or leases a unit online, we collectively take a step toward a more sustainable future. These small actions, multiplied across our customer base, result in significant emissions reductions and align with our vision of responsible business practices.


Social Impact

At 10 Federal, we recognize that social sustainability is just as critical as environmental sustainability. We are committed to creating a positive social impact in the communities where we operate and fostering a supportive work environment for our employees.

Community Involvement

We understand that our success is closely tied to the well-being of the communities we serve. To this end, we have developed a range of initiatives to support local organizations and promote community involvement. Our facilities often serve as drop-off locations for food drives, and we organize and participate in various charitable events throughout the year. Our employees are also encouraged to volunteer their time to support causes they care about, and we offer paid time off for volunteering. We believe that building authentic relationships and investing in the communities where we operate is essential for creating sustainable value.

Volunteering

We believe in giving back to the communities that support us. Through philanthropic initiatives and active community engagement, we have forged meaningful relationships with local organizations and residents. We are not just a self-storage company; we are a neighbor and partner in community development.

Employee Well-Being & Company Culture

Our employees are our most valuable asset, and we are committed to fostering a supportive and inclusive work environment that promotes employee well-being and engagement. Our company culture is the heartbeat of our success, guiding our actions, fostering teamwork, and inspiring us to achieve new heights. We offer a comprehensive range of benefits and resources, including an Employee Assistance Program, flexible work schedules, and competitive health benefits that promote physical, emotional, and financial wellness. 10 Federal Storage was awarded the "2022 Best Company for Perks & Benefits" by Comparably. We also provide regular training and development programs to help our employees grow professionally and personally. Our employees are encouraged to provide feedback and participate in shaping our culture and values, and we regularly recognize and celebrate their achievements.

Customer Satisfaction

Our unmanned operations and digital initiatives are not just about convenience; they are about making a substantial contribution to environmental sustainability. We are committed to reducing waste generation by implementing a comprehensive recycling program and encouraging our tenants to recycle. Additionally, we are proud to say that we are 100% paperless billing at all properties, which significantly reduces paper waste. By avoiding unnecessary commuting emissions and adopting paperless, online processes, we reduce our carbon footprint and promote a greener, more efficient way of doing business. Every time a customer receives a paperless bill or leases a unit online, we collectively take a step toward a more sustainable future. These small actions, multiplied across our customer base, result in significant emissions reductions and align with our vision of responsible business practices.


Governance Commitment

At 10 Federal, we understand that good governance and ethical practices are critical to our business success and the long-term sustainability of our operations. We have implemented several measures to ensure that we operate with integrity and in compliance with all applicable laws and regulations.

Code of Conduct: We have a comprehensive code of conduct that outlines our ethical standards and expectations for all employees. Our code of conduct underscores our commitment to honesty, transparency, and ethical behavior. All of our employees are trained on our code of conduct, and we hold ourselves accountable for upholding our standards.

Risk Management: We have implemented a comprehensive risk management program that identifies, assesses, and mitigates risks across our operations. Our risk management program includes a regular review of our operations to identify areas of potential risk. We take a proactive approach to addressing risks and continuously monitor and update our risk management processes.

Compliance Training: We provide comprehensive compliance training to all employees and executives. We believe that training is essential for ensuring that our employees understand their roles and responsibilities in upholding our standards and complying with all applicable laws and regulations.

Transparency: We are committed to transparency and disclosure. We regularly report on our performance and engage with stakeholders to gather feedback and insights. Our reports provide detailed information on our environmental, social, and governance practices, as well as our progress toward our goals.

At 10 Federal, we are committed to operating with integrity and in compliance with all applicable laws and regulations. We believe that good governance and ethical practices are essential for building trust with our stakeholders and creating long-term value for our business. We will continue to monitor and improve our practices to ensure that we meet or exceed regulatory requirements and ethical business standards.