We are excited to announce that CodeGreen has been awarded the ENERGY STAR Partner of the Year 2019, the third year in row, placing the firm in the category of Sustained Excellence alongside other leaders in the energy efficiency industry. CodeGreen’s accomplishments were recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy at a ceremony in Washington, D.C. on April 11, 2019.
We work with over 800 million square feet of property across the country to improve energy efficiency and sustainability and the ENERGY STAR program forms the foundation of this work. For building owners, understanding your energy performance relative to other similar buildings is the best way to evaluate the efficiency of your systems and the impact of your energy saving initiatives.
This year EPA highlighted the following areas that contributed to CodeGreen’s award:
● Benchmarking more than 970 individual properties in ENERGY STAR Portfolio Manager® in 2018 and performing ENERGY STAR certification for 157 buildings, including 42 percent of all office buildings certified in New York City.
● Achieving ENERGY STAR Charter Tenant recognition for their headquarters, as well as for client offices in the Empire State Building in the ENERGY STAR Tenant Space pilot.
● Performing energy audits encompassing 26 million square feet, identifying over $5.5 million dollars in energy savings in 2018.
● Communicating the value and application of ENERGY STAR tools and resources in local legislation, benchmarking, and energy efficiency initiatives and participating in 10 panels across the country and in Mexico.
Read the full press release HERE:
In the ever-shifting world of Environmental, Social, and Governance (ESG) measurement and reporting, it can be quite difficult to know how to understand and compare the efforts undertaken by the many different players in the industry. Who’s doing what and how effective are they at making any kind of difference? How do they rate and how do they compare? The S&P Dow Jones Indices have responded to these questions by releasing a series of indices that focus specifically on ESG performance amongst Real Estate Investors and Managers.This week the S&P Dow Jones Indices has announced its partnership with The Global Real Estate Sustainability Benchmark (GRESB) to create the U.S. Green REIT Index (DJSERUUP), among others, to measure the performance of publicly traded Real Estate securities with an Environmental, Social, and Governance focus here in the U.S. This Index will assign an ESG score to every REIT based on their GRESB score. REIT’s that have not participated in GRESB and do not have a GRESB score will receive a score of 0. CodeGreen helps over 800 million square feet of real estate across the country improve and report ESG performance. We have worked with GRESB since it’s inception and help billions of dollars of funds respond to the survey each year. As investor focus on ESG increases, the importance of preparing accurate and complete response to surveys such as GRESB increases in lockstep. And now with a public index ranking all REIT’s based on their GRESB score, investors will have a very clear picture of how these managers are tackling ESG across their portfolios. Whether you are new to GRESB and ESG performance or a veteran looking to push your performance even further, CodeGreen’s team of expert consultants, engineers and data scientists can help you evaluate, improve and report your ESG performance to GRESB and other ESG programs so you can focus your efforts on implementing the necessary change in your organization that moves the needle. Either way, we’re here to support you. Give us a call!!