ESG at PorchLight Rental & Destination Services

Our Policy

As a leading service provider in the relocation and destination services industry, PorchLight Rental & Destination Services recognizes the growing importance of sustainability in our operations and the wider community. We are committed to reducing our environmental impact, minimizing greenhouse gas (GHG) emissions, and supporting the adoption of sustainable practices by both our employees and tour partners.

We recognize that our services involve a significant amount of transportation, a major contributor to global emissions. While we are actively working to reduce our carbon footprint, we acknowledge that emissions cannot be fully eliminated at this time. In 2024, we invested in our operating system to track our service related carbon footprint. PorchLight is dedicated to finding innovative solutions to mitigate these emissions, including tracking and compensating for those we are unable to avoid. We aim to create a positive impact by incorporating sustainability into every aspect of our business operations.

Sustainability Objectives

Carbon Emissions Mitigation & Tracking

PorchLight is dedicated to tracking its GHG emissions resulting from the transportation involved with rental finding tours. We will utilize industry-standard tools
and data from trusted sources like the United Nations and the U.S. Environmental Protection Agency to calculate and monitor emissions accurately.

Carbon Offset Purchases

For emissions we cannot fully mitigate, PorchLight will invest in carbon offsets through reputable third-party vendors. These offsets will support sustainable initiatives near our service locations to maximize the local environmental impact.

Promoting Sustainable Practices for Clients

We strive to help transferees make sustainable choices in their new cities. As we curate properties meeting the needs of our customers’ budget, location, and dwelling size, we share eco-friendly benefits of the properties.

Employee Engagement in Sustainability

PorchLight is committed to fostering a culture of sustainability among employees. Through thoughtful management of our office footprint, we have responsibly adopted a hybrid work model reducing energy utilization and carbon emissions by 40%. PorchLight also implemented a green workplace requiring recycling and elimination of paper and plastics.

Sustainability Reporting & Transparency

PorchLight will publicly release an annual sustainability report demonstrating our progress toward our sustainability goals. These reports will be shared through our digital platforms and available for the public to access. Our commitment to transparency ensures accountability and demonstrates our ongoing progress in achieving environmental sustainability.

Commitment to Future Sustainability Goals

Carbon Neutrality by 2030

PorchLight aims to become carbon neutral by 2030. This will involve reducing our emissions as much as possible and offsetting the remaining emissions through the purchase of verified carbon offsets. We are exploring new technologies and best practices to further reduce our footprint in the years ahead.

Conclusion

PorchLight’s sustainability efforts are rooted in a genuine desire to reduce our environmental impact and promote a greener, more sustainable future. We are committed to expanding our sustainability initiatives and will continually assess and update our strategy to align with the latest environmental best practices and technologies. Our actions will not only reduce our carbon footprint but also foster a culture of sustainability within our company and the communities we serve.

Sustainability Policy Sections:

1. Carbon Emissions Tracking:
   a.  Tour Partner Travel – Emissions from our relocation services will also be tracked and mitigated through carbon offset programs.
   b. Tracking Methodology – Emissions calculations will be based on standardized formulas for air and ground travel.
2. Carbon Emissions Reporting:
   a. The reports will include updates on progress toward sustainability goals and any new initiatives.
   b. Reports will be made available on PorchLight’s website and shared across our digital channels.
3. Carbon Offset Purchases:
   a. PorchLight will purchase carbon offsets from verified third-party vendors, prioritizing local initiatives to maximize positive impacts in our service regions.
4. Future Commitments:
   a. PorchLight is committed to becoming Carbon Neutral by 2030
   b. Our sustainability efforts will evolve as we adopt new technologies and expand our environmental impact reduction programs.

By following this policy, PorchLight Rental & Destination Services will reduce its own environmental footprint while educating our supplier partners and employees to be more aware and take meaningful steps toward a more sustainable future.