Lineage

Lineage in Fortune Rankings

Change the World 2024

Keeping food cold can be extremely energy-intensive: Lineage, a real estate investment trust that specializes in temperature-controlled warehouses, is striving to reduce the climate impact of that “cold chain.” With over 480 temperature-controlled warehouses serving more than 13,000 customers, Lineage partners with some of the world’s largest food and beverage producers, retailers, and distributors. To reduce its facilities’ carbon footprint, the company has done a green-energy full-court press, including installing on-site solar panels, running generators on alternative, lower-carbon fuels, and deploying systems that use AI to manage and reduce energy use. In all, it has spent more than $725 million on what it calls "transformational technology," including tech related to energy efficiency, in the past five years.

Lineage stock chart