EPA Recognizes CBRE with 2017 ENERGY STAR® Partner of the Year – Sustained Excellence Award
April 06 2017 - 8:30AM
Business Wire
CBRE recognized for its ongoing commitment to
protect the environment
The U.S. Environmental Protection Agency (EPA) has recognized
CBRE Group, Inc. (NYSE:CBG) with a 2017 ENERGY STAR® Partner of the
Year - Sustained Excellence Award for its continued leadership in
protecting our environment through superior energy efficiency. This
marks the tenth consecutive year that CBRE has been recognized for
ENERGY STAR performance.
Since its inception, ENERGY STAR and its partners have helped
prevent a total of more than 2.8 billion metric tons of greenhouse
gas emissions, providing societal benefits by reducing damage from
climate change. ENERGY STAR and its partners save American
businesses and consumers 503 billion kilowatt hours and $34 billion
on their energy bills annually.
“During the past decade we have worked diligently to expand our
efforts to use the tools of the EPA to benchmark our portfolio,
educate and train our staff on energy efficiency and provide
consistently positive outcomes for our clients and their
properties,” said David Pogue, CBRE’s Global Director of Corporate
Responsibility. “Since we began our efforts in 2006, we have relied
upon the resources of EPA ENERGY STAR, making it the foundation of
our practice. It is as important to our success today as it was the
day we started. We are proud to be associated with EPA.”
CBRE assists owners and occupiers with energy efficiency
programs at properties it manages around the world and ENERGY STAR
is a powerful tool that is driving sustainability and 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:
- Since 2007, CBRE has successfully
improved its average ENERGY STAR score, achieving a cumulative
increase of 9.5% and was in the top quartile of performance in
2016;
- CBRE experienced a cumulative 16%
reduction in average normalized site energy intensity over the past
10 years, including a savings of 19,836,450,762 kBtu, the
equivalent of reducing 9,791,731 passenger vehicle miles driven in
an entire year;
- CBRE has 1,975 buildings representing
more than 314.5 million square feet participating in the program,
significantly more than from any other third-party management
firm;
- CBRE’s 288 labeled ENERGY STAR
buildings under management represent nearly 3.5% of the total U.S.
office buildings labeled.
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:CBG), 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 2016
revenue). The company has more than 75,000 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 has 16,000 partners working to protect the
environment through greater energy efficiency, including
manufacturers, retailers, public schools, hospitals, real estate
companies, and home builders. Since 1992, ENERGY STAR and its
partners have saved American families and businesses $430 billion
on their energy bills and 4.6 trillion kilowatt-hours of energy,
while achieving broad emissions reductions—including 2.8 billion
metric tons of greenhouse gas emissions. ENERGY STAR® is the simple
choice for energy efficiency. For 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.
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CBRE Group, Inc.Robert McGrath,
212.984.8267robert.mcgrath@cbre.com
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