Sustainability: Initiatives

Monitoring & Reporting

Every property we build or acquire is enrolled in Bright Power’s EnergyScoreCards software platform to digest utility bill data, analyze end-use energy data, and compare performance across the portfolio and against peer properties to help inform actionable improvements.

We also utilize the ENERGY STAR Portfolio Manager software tool, by the U.S. Environmental Protection Agency, to evaluate energy efficiency relative to a national standard. To assess whole-building energy efficiency, we work with utility providers to access aggregate utility consumption data and, in the absence of that, collect data releases from tenants to estimate whole-building performance. Our emissions calculations are based on World Resource Institute’s Greenhouse Gas Protocol utilizing Portfolio Manager data.

Annually, we respond to the Global Real Estate Sustainability Benchmark (GRESB) platform for all our investment funds. Further, we publish an annual Impact Report to summarize social and environmental performance and highlight case studies to share successes and lessons learned.

Some of our key environmental policies include: Greenhouse gas emissions management, construction waste management, active living, green power procurement, green cleaning and janitorial requirements, and many more.