CBRE Earns 2018 ENERGY STAR® Partner of the Year – Sustained Excellence Award
Eleven Consecutive Years of EPA Recognition
LOS ANGELES–(BUSINESS WIRE)–The U.S. Environmental Protection Agency (EPA) has recognized CBRE
(NYSE: CBRE) with a 2018 ENERGY STAR® Partner of the Year Sustained
Excellence Award for continued leadership and superior contributions to
ENERGY STAR. This marks the eleventh consecutive year CBRE has earned
ENERGY STAR’s Partner of the Year award.
“As the world’s largest manager of commercial buildings, CBRE has both a
responsibility and an opportunity to help reduce the impact of buildings
on the environment and, at the same time, create a positive effect on
the communities in which we live and work,” said David
Pogue, CBRE’s Senior Vice President, Global Client
Care/Sustainability. “Driving sustainable real estate practices is a
fundamental principle of our environmental leadership. The EPA provides
critical tools that help us benchmark our portfolio, educate and train
our staff on energy efficiency and provide consistently positive
outcomes for our clients and their properties. We are very proud to once
again be an ENERGY STAR Partner of the Year.”
CBRE assists owners and occupiers with energy efficiency programs at
properties it manages around the world and ENERGY STAR is a powerful
tool driving sustainability. It has become an industry recognized symbol
of highly efficient space; since CBRE first developed its environmental sustainability
program in 2006, ENERGY STAR has remained the operational framework
for advancing energy efficiency practices in the company’s managed
portfolio
These efforts have produced strong results:
-
In 2017, CBRE benchmarked 6,197 buildings, representing more than 375
million square feet of managed assets, significantly more than any
other third-party management firm; -
The firm’s benchmarked portfolio received an average score of 80.3,
its highest score to date; -
Since 2008, CBRE has helped more than 1,200 buildings qualify for an
ENERGY STAR label; -
In 2017, CBRE experienced a 16.2 percent reduction in average
normalized site energy intensity compared to the prior year, including
a savings of 1,586,397,500 kBtu – the equivalent of reducing more than
849 million passenger vehicle miles driven in an entire year.
To further advance CBRE’s longstanding commitment to building energy
efficiency and in support of the EPA ENERGY STAR program, this year the
firm launched a new employee recognition program celebrating leadership
in climate change management. CBRE Asset Services property management
teams whose properties have achieved a 10 percent or greater improvement
in their ENERGY STAR score will be awarded the CBRE Climate Change
Champion Award.
This inaugural honor will be given to Asset Services teams at 22
CBRE-managed buildings across the U.S. totaling 4.2 million square feet.
These teams’ combined efforts have contributed to the reduction of
greenhouse gas emissions totaling 10,188 metric tons of CO2e—the
equivalent of reducing more than 24.9 million miles driven by an average
passenger vehicle or planting 264,034 trees.
CBRE offers a wide range of sustainability initiatives under its
environmental sustainability program, which includes global commitments
in 11 key areas of environmentally sound performance. These include
resource management, occupancy, communications and training, public
policy and procurement. The program provides best practices and
initiatives that strengthen CBRE’s own environmental commitment, reflect
the best environmental practices in our clients’ properties, and provide
vital training and education to CBRE professionals.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company
headquartered in Los Angeles, is the world’s largest commercial real
estate services and investment firm (based on 2017 revenue). The company
has more than 80,000 employees (excluding affiliates), and serves real
estate investors and occupiers through approximately 450 offices
(excluding affiliates) worldwide. CBRE offers a broad range of
integrated services, including facilities, transaction and project
management; property management; investment management; appraisal and
valuation; property leasing; strategic consulting; property sales;
mortgage services and development services. Please visit our website at www.cbre.com.
About ENERGY STAR
ENERGY STAR® is the simple choice for energy efficiency. For over 25
years, EPA’s ENERGY STAR program has been America’s resource for saving
energy and protecting the environment. Join the millions already making
a difference at energystar.gov. More background information about ENERGY
STAR can be found at energystar.gov/about and energystar.gov/numbers.
Thousands of industrial, commercial, utility, state, and local
organizations—including more than 40 percent of the Fortune 500®—rely on
their partnership with the U.S. Environmental Protection Agency (EPA) to
deliver cost-saving energy efficiency solutions. Together, since 1992,
ENERGY STAR and its partners have helped save American families and
businesses over $450 billion and over 3.5 trillion kilowatt-hours of
electricity while also achieving broad emissions reductions—all through
voluntary action.
Contacts
CBRE Group, Inc.
Robert McGrath, +1 212.984.6542
[email protected]