Kilroy Realty Named North American Office Leader in Sustainability for Fourth Year in a Row by GRESB & Added to Dow Jones Sus...
September 11 2017 - 4:08PM
Business Wire
Kilroy Realty Corporation (NYSE: KRC) announced today
that for the fourth time it has been named the North American
office leader in sustainability by GRESB. GRESB is widely
recognized as the most rigorous standard for measuring the
sustainability performance of real estate companies and funds, and
GRESB participation has become standard practice for most of the
world’s fund managers and listed property companies. GRESB ranked
KRC first among 49 North American office participants.
In addition, KRC has been added to the Dow Jones Sustainability
World Index. Established in 1999, the Dow Jones Sustainability
Index (DJSI) serves as a benchmark for investors who are committed
to ethical investing and sustainability performance as part of
their investment strategy. DJSI includes 319 top ranked companies
on sustainability across 60 industries. Only three North American
real estate companies were named to the DJSI World Index this
year.
“We are deeply honored to achieve recognition as a market leader
in sustainability both from GRESB and DJSI. Our longstanding
commitment to sustainability throughout our stabilized and
development portfolios requires the dedication of everyone at KRC,
especially as we expand our programs to other areas, including
human health and biodiversity,” said Sara Neff, the company’s
Senior Vice President of Sustainability.
About GRESB. GRESB is an industry-driven organization
committed to assessing the sustainability performance of real
estate portfolios (public, private and direct) around the globe.
The dynamic benchmark is used by institutional investors to engage
with their investments with the aim to improve the sustainability
performance of their investment portfolio, and the global property
sector at large.
The 2017 GRESB Report is based on sustainability data gathered
from over 850 property companies and funds. More than 65
institutional and retail investors, collectively representing over
USD 17 trillion in institutional capital use GRESB data and
analytical tools.
About DJSI. Created jointly by S&P Dow Jones Indices
and RobecoSAM, the DJSI index family combines the experience of an
established index provider with the expertise of a specialist in
sustainability investing to select the most sustainable companies
from across 60 industries.
About Kilroy Realty Corporation. Kilroy Realty
Corporation (KRC), a publicly traded real estate investment trust
and member of the S&P MidCap 400 Index, is one of the West
Coast’s premier landlords. The company has over 70 years of
experience developing, acquiring and managing office and mixed-use
real estate assets. The company provides physical work environments
that foster creativity and productivity and serves a broad roster
of dynamic, innovation-driven tenants, including technology,
entertainment, digital media and health care companies.
At June 30, 2017, the company’s stabilized portfolio
totaled approximately 14.4 million square feet of office space
and 200 residential units located in the coastal regions of Los
Angeles, Orange County, San Diego, the San Francisco Bay Area and
Greater Seattle. In addition, KRC had four projects totaling
approximately 1.8 million square feet of office space, 237
residential units and 96,000 square feet of retail space under
construction.
The company is recognized by GRESB as the North American leader
in office sustainability for the last four years and is listed in
the Dow Jones Sustainability World Index. At the end of the second
quarter, the company’s stabilized portfolio was 52% LEED certified
and 71% of eligible properties were ENERGY STAR certified. More
information is available at http://www.kilroyrealty.com.
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Kilroy Realty CorporationSara NeffSenior Vice President,
Sustainability310-481-8449sneff@kilroyrealty.com
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