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Housed in a building that meets several LEED Travel standards, the company’s data center sources 38% Printer Consolidation — Commuting and business travel, which both increased of the required electricity from renewable resources. Reducing Expense and Paper Usage during 2022 as the pandemic eased, have traditionally It also incorporates features that make it signifcantly been large components of The Standard’s carbon more energy effcient than traditional data centers footprint. For staff commuting prior to the pandemic, including LED lighting, motion sensors and energy- the organization made signifcant strides to reduce the effcient cooling technology. amount of single-occupancy vehicle trips. Nearly 60% of The Standard’s Oregon employees walked, biked, Active Transportation carpooled or took transit as their primary commute Throughout 2022, most employees of The Standard method. continued to work from home. Prior to the pandemic, 60% of The Standard’s Oregon workforce walked, Business travel for all purposes, which resumed in biked, carpooled or took public transit to work. spring 2022, also represents a large portion of annual Subsidies and reimbursement were offered to carbon emissions. The Standard continues to use audio employees who use public transit or carpool to and video telecommunications services — including work. Electric vehicle charging stations are available Microsoft Teams and Zoom — to communicate in our home offce parking garages. Sheltered and Centralized printers and using paper with 100% effectively with stakeholders, customers and vendor secure bike parking is available at many offces, along recycled content are the default on all foors partners where appropriate. We remain focused on with locker room and shower facilities to make bike in home offce buildings, replacing deskside further reducing unnecessary air and road travel. commuting even easier. printers and decreasing both electricity usage and the total volume of unnecessary printing. Buildings Water Print volumes have decreased over the past Company-owned facilities were upgraded to include Restrooms use low-fow, automatic sensor faucets and several years, driven initially by digitization of work measures that reduce electrical, heating and cooling locker room facilities use low-fow shower heads. Most processes followed by an even sharper decline demands. landscaping at the home offce consists of native and as most employees moved to working remotely. drought-tolerant plants. As a result, The Standard consolidated and The Standard Plaza in downtown Portland is Energy signifcantly reduced the number of printers in our Star rated by the Environmental Protection Agency. Climate feet, which in turn will reduce operating expenses Its high-energy effciency reduces annual electricity We recognize our company has an associated carbon and continue to reduce paper usage across the consumption by nearly 500,000 kilowatt hours. In 2009, footprint through daily business operations and we company. Additionally, some foors where there two of our Oregon headquarters facilities were awarded continually work to assess, reduce and mitigate these has been little to no print activity will be entirely LEED Gold status. emissions while simultaneously reducing costs and printer-free. improving operational effciencies. 2022 Environmental, Social and Governance Report 20

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