Cousins Properties Incorporated : 2024 Corporate Responsibility Report

CUZ

Published on 07/01/2025 at 09:14

A Message From Our CEO

Overview

Environmental Responsibility

Social Responsibility

Responsible Governance

Data Tables

Appendix

A Message From Our CEO

Overview

Environmental Responsibility

Social Responsibility

Responsible Governance

Data Tables

Appendix

Since 1958, we have recognized that a commitment to thoughtful and responsible operations, with a sustainable model that prioritizes corporate social responsibility, creates meaningful value for all stakeholders.

A Message From Our CEO

Overview

Environmental Responsibility

Social Responsibility

Responsible Governance

Data Tables

Appendix

KEY ACHIEVEMENTS

Nine consecutive years rated Green Star by Global Real Estate Sustainability Benchmark (GRESB)

Awarded first Fitwel 3-star rating in the State of Florida

Green Lease Leader - Gold Level

Ranked in the Top 10 of companies with the most BOMA 360 Buildings

2024 Atlanta Top Workplaces and Top Workplaces USA 2024 Winner

A Message From Our CEO

Overview

Environmental Responsibility

Social Responsibility

Responsible Governance

Data Tables

Appendix

DISCLAIMER

Certain matters contained in this report are "forward-looking statements" within the meaning of the federal securities laws and are subject to uncertainties and risks, as itemized herein. These forward-looking statements include information about possible or assumed future results of the business and our financial condition, liquidity, results of operations, plans, and objectives. Examples of forward-looking statements in this earnings release and supplemental information include the Company's guidance and underlying assumptions; projected capital expenditures; industry trends; future occupancy or volume and velocity of leasing activity; and entry into new markets.

Any forward-looking statements are based upon management's beliefs, assumptions, and expectations of our future performance, taking into account information that is currently available. These beliefs, assumptions, and expectations may change as a result of possible events or factors, not all of which are known. If a change occurs, our business, financial condition, liquidity, and results of operations may vary materially from those expressed in forward-looking statements. Actual results may vary from forward-looking statements due to, but not limited to, the following: the risks and uncertainties related to the impact of changes in general economic and capital market conditions (on an international or national basis or within the markets in which we operate), including changes in inflation, changes in interest rates, supply chain disruptions, labor market disruptions (including changes in unemployment), dislocation and volatility in capital markets, and potential longer-term changes in consumer and customer behavior resulting from the severity and duration of any downturn, adverse conditions or uncertainty in the U.S. or global economy; risks affecting the real estate industry (including, without limitation, the inability to enter into or renew leases on favorable terms (and on anticipated schedules)); any adverse change in the financial condition or liquidity of one or more of our tenants or borrowers under our real estate debt investments; changes in customer preferences regarding space utilization; changes in customers' financial condition; the availability, cost, and adequacy of insurance coverage; competition from other developers, investors, owners, and operators of real estate; the failure to achieve anticipated benefits from intended or completed acquisitions, developments, investments, or dispositions; the cost and availability of financing, the effectiveness of any interest rate hedging contracts, and any failure to comply with debt covenants under credit agreements; the effect of common stock, debt, or operating partnership unit issuances; threatened terrorist attacks or sociopolitical unrest such as political instability, civil unrest, armed hostilities, or political activism and the potential impact of the same upon our day-to-day building operations; the immediate and long-term impact of the outbreak of a highly infectious or contagious disease on our and our customers' financial condition; risks associated with security breaches through cyberattacks, cyber intrusions, or otherwise; changes in senior management, the Board of Directors, or key personnel; the potential liability for existing or future environmental or other applicable regulatory requirements, including the requirements to qualify for taxation as a real estate investment trust; the financial condition and liquidity of, or disputes with, joint venture partners; material changes in dividend rates on common shares or other securities or the ability to pay those dividends; the impact of changes to applicable laws, including the tax laws impacting REITs and the impact of newly adopted accounting principles on our accounting policies and on period to period comparison of financial results; risks associated with climate change and severe weather events; and those additional risks and factors discussed in reports filed with the Securities and Exchange Commission ("SEC") by the Company.

These forward-looking statements are not exhaustive, speak only as of the date of issuance of this report and are not guarantees of future results, performance, or achievements. Additional risk factors that could adversely affect our business and financial performance can be found in Part 1, Item 1A. Risk Factors, of our Annual Report on Form 10-K, and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, including Part II, Item 1A. Risk Factors, and are specifically incorporated by reference herein. The Company does not undertake a duty to update or revise any forward-looking statement, whether as a result of new information, future events, or other matters, except as otherwise required by law. Select data included in this report have undergone a limited assurance, review, but the data referenced in their report is nonfinancial and is not subject to generally accepted accounting principles, and therefore that nonfinancial data has not been subject to a financial audit.

A Message From Our CEO

Overview

Environmental Responsibility

Social Responsibility

Responsible Governance

Data Tables

Appendix

TABLE OF CONTENTS

Fitwel Stand-Out

Sustainable & Healthy Building Features

Embracing Inclusivity in Commercial Real Estate

Board & Employee

About this Report Corporate Overview Company Snapshot

Corporate Responsibility Principles

Stakeholder Engagement

Corporate Responsibility Reporting Priorities

Responsibility

Goals and Progress: KPI Metrics Smart Energy Management

Water Conscious Operations Waste Diversion

Goals and Progress: Building Certifications

Maintaining Sustainable Assets

Accessibility Metrics Environmental Initiatives Corporate Office Practices Third-Party Benchmarking Climate Change and Resiliency Biodiversity

Focus on Redevelopment

Social Responsibility

Cousins' Culture

Commitment to a Healthy Company Culture

Human Capital Professional Development Health and Wellness Employee Engagement Civic Commitment

Civic Engagement

Composition Highlights Giving Back

Responsible

Governance

Leadership

Strategy and Risk Oversight

Governance Principles and Practices

Governance Policies and Ethics

Data Tables

2024 Building Certifications

2024 Environmental Performance

Limited Assurance Letter

Appendix

GRI Index

TCFD Disclosures

Disclaimer

Cousins Properties Inc. published this content on June 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 01, 2025 at 13:11 UTC.