Corporate Sustainability
Investing in our business, our planet and our people.
Long-Term Perspective
Sustainability has become an integral part of our approach to running our company. We’ve achieved continuing improvements in adapting and upgrading our portfolio management strategies and actively engage with our tenants to support recycling efforts. We’ve implemented various initiatives at our corporate headquarters to minimize our direct impact on the environment and strive to ensure an inclusive experience for all associates, continuously refining and expanding programs to holistically support their health, well-being, and professional development, and encouraging them to volunteer in the betterment of the communities where we live and work.
2025-26 Corporate Sustainability Report
Materiality
These survey results inform company practices, policies, goals, and data tracking mechanisms for relevant impacts. Impacts that occur along our value chain are also analyzed to determine our ability to manage or influence others to implement best corporate responsibility practices within their operations with the goal of working collectively to limit negative impacts on the community and environment.
The NNN Culture
87% employee retention rate for 2025
98% response rate to our 2025
Engagement Pulse Survey
Training & Development
At NNN, we recognize that continuous learning is essential to both personal growth and company success. To support this, we integrate training and development into our annual performance management process.
LinkedIn Learning
Launched at NNN in 2025, LinkedIn Learning is our newest learning and development platform. This industry-leading resource offers thousands of expert-led courses covering a wide range of skills, from technical skills such as programming and data analysis to soft skills such as leadership, communication, and time management. Available anytime, anywhere, LinkedIn Learning empowers learners to sharpen their existing skills and explore new areas of professional growth with personalized learning paths and insights.
Lifelong Learning Culture
NNN supports ongoing learning by offering annual certification reimbursement for associates pursuing professional development and industry certifications (i.e., Certified Public Accountant, Certified Commercial Investment Manager, Senior Professional in Human Resources, Chartered Financial Analyst, and appraisal certification, etc.)
Collaborations and Cross Training
Mentorship and peer knowledge sharing are embedded in our culture and support learning through day-to-day collaboration. By encouraging the exchange of experience across teams and career stages, we help develop skills, strengthen connections, and support organizational growth.
Associate Benefit Learning Opportunities
We hosted an onsite Lunch & Learn presented by a Cigna subject matter expert which offered guidance on navigating health plan coverage and available Cigna resources. Associates also receive training and annual orientation on our wellness platform, Vitality, to support engagement with health and well-being tools.
Lunch & Learn Workshops
We host year-round learning sessions designed and led by internal subject matter experts and external professionals to share practical insights and deepen business knowledge across the organization. In addition to professional development, we recognize the importance of personal well-being. NNN offers programs, educational resources, and team-based initiatives that support physical, emotional, and financial health. These collective efforts reinforce a holistic approach to associate well-being and contribute to our ability to attract, engage, and retain talent, strengthening our reputation as a sought-after workplace within our industry.
Breakfast Bytes
In 2025, NNN launched Breakfast Bytes, a new, associate-led learning initiative hosted by our IT team. These optional, 15-minute sessions are held every other week and feature short, practical presentations on a variety of technology topics. Associates can join in person over a light breakfast or participate virtually, making it easy to learn, connect, and share knowledge in a flexible, low-commitment format. Breakfast Bytes supports continuous learning, cross-department collaboration, and everyday curiosity across the organization.
Education Assistance
Our education assistance program provides up to $3,000 per year in tuition reimbursement for associates pursuing coursework relevant to their job responsibilities, strengthening skills, and enhancing long-term workforce capabilities.
Compliance Training
NNN delivers comprehensive compliance training to support a secure, ethical, and accountable workplace. This training includes cybersecurity awareness to help associates identify and respond to risks such as phishing, ransomware, and other cyber threats, as well as guidance on protecting company systems and data. Associates also complete Whistleblower Policy and Code of Business Conduct training, reinforcing expectations for ethical behavior, integrity, confidentiality, non-retaliation, and responsible decision-making. Together, these programs promote a consistent understanding of company policies and foster a culture of transparency and accountability.
Community Service
& Partnerships
At NNN, community involvement is an extension of who we are. We are committed to strengthening the communities where we live and work by supporting education, mentorship, and neighborhood-focused initiatives. Through company-sponsored volunteer events, associates are encouraged to give back, contributing their time and talents to local nonprofit partners. Beyond hands-on service, NNN also provides meaningful financial support to organizations, making a lasting impact across the Central Florida community.
NNN Associates volunteered over 237 hours to nonprofit organizations in Central Florida in 2025 with over 50 percent of associates volunteering their time. We continuously give back to the community through volunteering, donations, and board involvement with nonprofit organizations.
Boys & Girls Clubs of Central Florida
The mission of Boys & Girls Clubs of Central Florida is to inspire and enable all young people, especially those from disadvantaged circumstances, to realize their full potential as productive, responsible, and caring citizens
ELEVATE Orlando
ELEVATE Orlando is a civic nonprofit dedicated to equipping and empowering underserved youth to graduate with a plan for their future. ELEVATE Orlando links the Orlando business community to underserved areas through education. This is accomplished through mentoring relationships and public school courses rooted in character education and leadership development
Orange County Animal Services
Give Kids the World Village is a nonprofit organization that exists only to fulfill the wishes of children with life-threatening illnesses and their families from around the world to experience a memorable, joyful, cost-free visit to Central Florida attractions. NNN associates volunteer at the GKTW Village, performing various functions assisting these families during their stay.
The Ronald Mcdonald House®
Charities of central Florida
Ronald McDonald House provides a home away from home for families with children receiving treatment at hospitals and medical facilities in Orlando.
The Salvation Army
For 25 years NNN has supported the Salvation Army's Angel Tree program to help deliver meaningful support to children and seniors in our community. Since 2010, NNN Associates have donated more than 500 gifts.
Our commitment to the communities we serve begins at home. We view our community involvement as a long-term investment guided by our core values.
2025 marked the 19th consecutive year that NNN has been a lead sponsor for the Boys & Girls Club of Central Florida’s annual Celebrate the Children gala.
NNN has partnered with ELEVATE Orlando for 15 consecutive years.
For 25 years, NNN has supported the Salvation Army's Angel Tree program.
Learn more about our efforts in the social space.
Explore MoreEnvironmental Practices
As a nationwide property owner, our Company recognizes the importance of environmental and community stewardship. This commitment is reflected in our actions both at our headquarters and across our properties. For example, our sustainability-focused updates to our form lease earned us the Green Lease Leader Silver award from the Institute for Market Transformation and the U.S. Department of Energy Better Buildings Alliance.
Building on this foundation, we are continuously enhancing our corporate sustainability strategy and reporting, efforts that led to NNN’s inclusion in Newsweek’s list of America’s Most Responsible Companies.
We aligned our material topics with the United Nations Sustainable Development Goals (SDGs) to focus on ways that NNN REIT, Inc. could support these identified goals directly through our operations.
| TOPIC | ASSESMENT OF OUR POTENTIAL OPPORTUNITIES/RISK | CONTRIBUTIONS TO UN SDGS | |
|---|---|---|---|
Ethics, Integrity |
NNN conducts business with integrity and with an unwavering commitment to the highest level of ethics in everything we do. We can support our performance and growth through evolving conditions and markets by implementing robust risk management practices. |
→ SDG 8 |
DECENT WORK AND ECONOMIC GROWTHPromote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. 
SUSTAINABLE CITIES AND COMMUNITIESMake cities and human settlements inclusive, safe, resilient and sustainable. 
RESPONSIBLE CONSUMPTION AND PRODUCTIONEnsure sustainable consumption and production patterns. |
Human Capital Development |
NNN’s success depends on our talented associates’ dedication and hard work. |
→ SDG 8 |
DECENT WORK AND ECONOMIC GROWTH Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. |
Employee Engagement |
In addition to fostering an engaging environment for employees, NNN also aims to promote a culture that values inclusion. |
→ SDG 5 |
GENDER EQUALITYAchieve gender equality and empower all women and girls. 
REDUCED INEQUALITIESReduce inequalities within and among countries. |
Managing Tenant |
While we do not have direct operational control over our tenants’ environmental impact, we have the opportunity to help reduce resource consumption by various means such as green leases, incentives, and partnerships. |
→ SDG 7 |
AFFORDABLE AND CLEAN ENERGYEnsure access to affordable, reliable, sustainable and modern energy for all. |
Stakeholder |
Stakeholder engagement and partnerships are critical to advancing our strategic objectives. There are various opportunities to engage stakeholder groups on our corporate sustainability agenda. |
→ SDG 17 |
PARTNERSHIPS FOR THE GOALSStrengthen the means of implementation and revitalize the global partnership for sustainable development. |
Reduce, Reuse, Recycle at Our Headquarters
- Purchasing Energy Star® certified desktop and laptop computers, monitors and printers. These machines also use Energy Star® management settings.
- Using at least 35% less energy and generating at least 35% lower emissions than comparable non-Energy Star buildings.
- Using LED lighting.
- Daily shutdown of HVAC and lighting during non-business hours.
- Through our document destruction program partner, we have recycled nearly all of our paper waste; resulting in approximately 32,500 pounds diverted from landfills, the equivalent to saving roughly 295 trees.
- Single-stream recycling has been implemented since 2009.
- Old computer equipment and other electronics are recycled.
- Ink and toner cartriges are disposed of through the Toshiba recycling program.
- On Earth Day, NNN participated in an e-waste drive held by the building management, allowing the Company and our associates to bring in e-waste to be responsibly recycled and/or disposed of.
- All associates are encouraged to use reusable personal containers.
- A water bottle filling station helps avoid the usage of approximately 6,000 plastic water bottles annually.
LESS ENERGY & GREENHOUSE GAS EMISSIONS
- NNN’s headquarters is Energy Star® certified, which means that it uses 35% less energy and generates 35% fewer greenhouse gas emissions than a typical building. To receive this designation, several other requirements needed to be met, including, utilizing energy-efficient LED lighting, using cleaning products that are Green Seal certified, and a mandatory shut down of all lighting and HVAC systems daily.
Forest Stewardship Council (FSC) Certified
- NNN has used FSC certified responsibly-sourced paper stock on our annual reports and proxy statements since 2007.
LESS BUILDING POLLUTANTS
- The building utilizes a bulb crusher for all lamps, which contains a dust removal system that exceeds HEPA standards by removing 99.99% of particles for the building fluorescents.
- To minimize waste generation and release of pollutants, the building requires all paint to be low VOC.
2025 Environmental Metrics
NNN is dedicated to reducing our energy and emissions footprint to mitigate climate change. We are dedicated to water stewardship and recognize the right to water as a fundamental human right. We respect the human need for sustainable water supplies, safe drinking water, and the protection of ecosystems and communities through proper sanitation.
| Energy (GJ) | |
|---|---|
| Year | 2025 |
| Natural Gas | 8,164.17(a) |
| Electricity | 22,535.49(a) |
| Total | 30,699.65(a) |
(a) This report includes calendar year 2025 commitments, initiatives, and achievements. * -please see data disclaimer on page 34 |
| GHG Emissions (Metric Tons CO2 Equivalent) | |
|---|---|
| Year | 2025 |
| Scope 1 | 410.34(b) |
| Scope 2 (location based) | 2,501.01(b) |
| Scope 1+2 | 2,911.35(b) |
| Scope 1+2 GHG Intensity (metric ton CO2e/sqft) | 0.0025274 |
| Scope 3 | 223,711.28 |
(b) Scope 1 emission sources from our corporate HQ are considered de minimis and excluded. Scope 2 emissions were determined using eGRID2022. |
Carbon
Offsets
McCloud Forestry Project
The McCloud River property encompasses more than 9,200 forested acres in Shasta and Siskiyou Counties in northern California, just southeast of Mount Shasta. Prior to Bascom Pacific's ownership, the land passed through the hands of various industrial timber operators, and intensive harvesting across the region dates to the early 20th century.
That legacy left a forest shaped largely by commercial production objectives rather than ecological ones. Now, through the McCloud Forestry Project, Anew Climate and Bascom Pacific are charting a different course — reducing harvest levels and allowing the forest to develop into a structurally complex, multi-story native woodland capable of sequestering additional carbon while supporting the wildlife, watersheds, and working forest communities that depend on it.
APALACHICOLA RIVER PROJECT
The Apalachicola River property is over 98% forested with a diversity of ecosystems and cover types. Since 1917, prior to Aurora’s acquisition of the property, timber production had been a primary management objective of the forestland, resulting in forest cover types such as pine plantations and planted hardwood. Where feasible, Aurora aims to transition these forest stands back to a natural state and to increase their resilience to a changing climate through light-touch management.
Learn more about our efforts in the environmental space.
Explore MoreCorporate Governance
Our Board, led by a non-executive Chairperson, meets regularly with NNN’s executive leadership team to stay fully informed and have the opportunity to understand and debate material issues and to fulfill their oversight responsibilities regarding NNN’s performance.
of our board is made up of independent directors
We ensure that we meet our corporate governance goals by:
Top Tenants Reporting Sustainability Data
| Sustainability-Reporting Tenants | % of Properties | % of Total (1) |
|---|---|---|
| 7-Eleven | 145 | 4.3% |
| Mister Car Wash | 120 | 3.8% |
| Dave & Buster's | 34 | 3.6% |
| BJ's Wholesale Club | 13 | 2.2% |
| Sunoco | 53 | 1.7% |
| Walgreens | 48 | 1.6% |
| Casey's General Stores (convenience stores) | 62 | 1.6% |
| (1) Based on annual base rent as of March 31, 2026 |
Learn more about our efforts in the governance space.
Explore More
Social
Thirty-seven percent of our associates have worked at NNN for 10 or more years. Our average associate tenure is 11 years and the average tenure of senior leadership is 20 years.