Since our founding in 1973, we have followed two core principles: Investing for the Long Run® and Doing Good While Doing Well®. Our founder Wm. Polk Carey believed—as we do today—that our business by its very nature promotes prosperity and that our responsibility did not end there. He understood that good corporate citizenship was fundamental to good business and to creating long-term value for our investors.
We employ these principles across our operations as part of our environmental, social and governance (ESG) program.
As good stewards of our community, W. P. Carey and the W. P. Carey Foundation continue to support educational programs as well as hospitals, museums and other community organizations. The W. P. Carey Foundation supports the philanthropic activities of the W. P. Carey community by matching certain charitable contributions made by our employees and our Board of Directors.
Our Carey Forward program was established in 2013 as a tribute to Bill Carey’s sense of philanthropic duty and passion for building and fostering productive relationships between our company and our communities. Through the program, employees are encouraged to participate in charitable activities, sharing their time, skills and enthusiasm with others.
Our employees help enhance and improve our communities through youth development, education, hunger relief, healthcare, arts and restoration.
Our commitment to sustainability is reflected in both our corporate offices and in our portfolio.
Our commitment to sustainability is largely demonstrated by how we manage our day-to-day activities in our corporate offices, including our:
We have introduced a tenant outreach program to encourage our 200+ tenants to join our sustainability efforts, providing education, ideas and support for property-level sustainability solutions.