Company: GTY
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001140361-25-008521
Chunk: 8

Company: GETTY REALTY CORP /MD/
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 8
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 demand              |
| ■                                    |     | Institutional consolidation of fragmented sectors creates transaction opportunities               |
| ■                                    |     | Versatile real estate retains land value and provides alternate use potential                     |

We seek to grow and diversify our portfolio through accretive investments and active asset management. We acquire new properties through sale leaseback transactions, development funding for new-to-industry construction, and the acquisition of properties with in-place leases, and also selectively redevelop assets within our existing portfolio. We place a premium on establishing long-term relationships with tenants and regularly seek to form new relationships. We believe that a relationship-driven approach mitigates risk and drives efficiencies for originating and underwriting new investment opportunities given our familiarity with the underlying tenant credit and business operations. Lastly, we are committed to maintaining an investment grade credit profile, including low-to-moderate leverage, ample liquidity and access to capital, and a flexible, unencumbered balance sheet. We believe that this capital structure philosophy helps to facilitate growth and mitigate risk across fluctuating market cycles. Corporate Responsibility We are committed to good corporate citizenship and business practices that serve all of our stakeholders. We recognize the importance of environmental, social and governance (“ESG”) issues and incorporate ESG considerations into our business practices and decision-making processes. We believe the growth and sustainability of our business depends on a broad array of factors, including a continuing focus on investments in our people, ethics and integrity, and support of our environmental programs. In June 2024, we published our 2024 Corporate Responsibility Report, which gave us an opportunity to discuss our ongoing approach to corporate responsibility and the emphasis we place on our people, our planet, and our business practices. Our notable initiatives conducted in 2023 and into 2024 included:

| ■ | TCFD Alignment – Alignment of our ESG efforts with the Task Force on Climate-related Financial Disclosures (“TCFD”) framework including creating a TCFD matrix to identify how we identify, assess, and manage climate-related risks. |

| ■ | Climate Risk Assessment – Conducting a comprehensive assessment using the Federal Emergency Management Agency National Risk Index (“FEMA NRI”) model to identify the present-day physical risk profile of our properties, including acute physical risks and chronic physical risks, and evaluating future transition risks associated with our properties. |

| ■ | Scope 3 Energy Emissions Evaluation – Estimating each of our properties’ Scope 3 greenhouse gas (“GHG”) emissions (electricity and natural gas usage) using the Commercial Buildings Energy Consumption Survey (“C