Company: GLPI
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001575965-25-000008
Chunk: 55

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 55
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 of utility data to encourage enhanced transparency and to aid in determining greenhouse gas emissions at our properties.  As of December 31, 2024, we had 100% agreement from our tenants to provide utility data for those properties.  We are committed to offering continued support to our tenants in the area of data sharing and sustainability.  We also implemented certain green lease provisions, which include data collection obligations in many of our leases. 

We are evaluating climate-related risks and opportunities to include in our near and long-term environmental strategies. We published our inaugural Sustainability Report in 2024.

The growth of our business often involves the acquisition of real estate assets from third parties.  In furtherance of our commitment to environmental sustainability, we routinely engage nationally recognized and certified environmental engineers 

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to perform Phase I Environmental Site Assessments as part of our acquisition process and require future tenants to ensure compliance with all environmental laws, including any necessary testing, remediation and/or monitoring. 

Recognizing that sustainability is a journey, we are committed to continuous improvement and will endeavor to engage and communicate with our key stakeholders regarding our environmental stewardship.  Further, we are committed to developing initiatives to address and mitigate those environmental risks within our control and supporting our tenants to do the same.  In 2023, we completed portfolio-wide inspections of all real estate owned by the Company, which also included a comprehensive ESG and climate assessment component.  

Human Capital Management

As of December 31, 2024, we had 19 full-time employees. We strive to maintain a corporate environment that fosters a sense of community and well-being and that encourages our employees to focus on their long-term success along with the long term success of the Company. Our employees are a valued asset and integral to the success of the Company.  We strive to prioritize our employees’ education, development, growth, and well-being.  We are passionate about developing our talent. We provide tuition reimbursement, professional development reimbursement, and performance appraisals.  We are committed to continuing to develop strategies focused on employee growth, development and well-being. 

Senior management holds employee meetings and social events at a regular cadence to create an open forum for learning and to foster feedback. 

Every employee receives an annual grant of GLPI equity that vests over a three-year period.  This program was proposed and instituted by our Chairman and CEO as a way to attract and retain talent across all levels of the organization and to ensure that every employee has a stake in the Company