Waypoint Analytical

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Waypoint Analytical (WA) is arguably the largest agricultural laboratory group and among the top 50 environmental lab groups in the United States. WA has established its agricultural soil labs as the most reliable and timely provider of agricultural soil test data. Using proprietary software and hardware systems, WA has achieved 98.5% on-time performance. During the fiscal years of 2004 to 2014, the company has grown 12% per year on average. This growth was due to lab acquisitions and an increase in organic growth.

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0.87

Overall Excellence Rating

Industry

Agriculture & Forestry

Category

Farm Support

ESG/Ethical Impact

Our approach to sustainability considers the structure of our business and the passive nature of our business model. Waypoint REIT’s direct ESG impacts are both relatively modest and localised in their scope, as evidenced by offsetting our Total Scope 1, Scope 2 and Direct Scope 3 emissions in 2022 (through the purchase of Australian Carbon Credit Units) with respect to facilities under Waypoint REIT’s operational control. Our investment focus on leasing sites to fuel and convenience retailers presents specific environmental challenges associated with those sectors. However, they are tempered by our portfolio being predominantly comprised of triple net leases, which restrict our ability to directly address these challenges relative to the role of our tenants. Waypoint REIT supports our tenants to the best of our ability under the lease terms in place to minimise the environmental impact of their operations on our sites. We are committed to having broader discussions on these challenges with our tenants, particularly given the role our tenants play in the fuel and convenience retail industries, and their impact on greenhouse gas emissions and related issues.

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Awards Received

2023

Revenues

38000000.00

Website Traffic

Employee Rating

3.30

Customer Rating

4.30

Company Size

100-1000

ESG Risk Rating

3.00

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