2015 ENERGY STAR® Partner of the Year-Sustained Excellence | Top Service Firm in “Certification Nation” Promotion
Los Angeles, CA – April 6, 2015 – The U.S. Environmental Protection Agency (EPA) has awarded CBRE Group, Inc. (NYSE:CBG) a 2015 ENERGY STAR® Partner of the Year - Sustained Excellence Award in recognition of its continued leadership in protecting the environment through superior energy efficiency achievements. This marks the eighth consecutive year that CBRE has been recognized for ENERGY STAR performance.
CBRE also took top honors among all real estate service providers by certifying 406 buildings during 2014—the most of any building owner or manager in the year-long Certification Nation promotion sponsored by EPA. Certification Nation 2014 celebrated 15 years of ENERGY STAR certification for buildings by awarding special recognition for multiple-building certifications and CBRE achieved the highest accolade, “Elite Member,” in that program.
Since its inception in 1992, ENERGY STAR and its partners have helped prevent a total of more than two billion metric tons of greenhouse gas emissions. In 2013 alone, ENERGY STAR and its partners provided more than $11 billion in societal benefits due to reducing damages from climate change.
“Sustainability is a core value of our company and our service to clients, “said David Pogue, CBRE’s Global Director of Corporate Responsibility. “Our partnership with ENERGY STAR is an essential way we increase energy efficiency and deliver real advantage for our clients,”
“Being named an Elite Member of the Certification Nation program recognition is a further testament to the strength of our sustainability program and the dedication of our Asset Services teams,” Mr. Pogue added.
“Through their sustained participation with ENERGY STAR, CBRE is helping Americans save money, save energy, and do their part to reduce our nation’s greenhouse gas emissions that fuel climate change,” said EPA Administrator Gina McCarthy. “I applaud CBRE for earning EPA’s highest ENERGY STAR award, the 2015 Partner of the Year – Sustained Excellence Award, demonstrating a strong commitment to energy efficiency and to preserving a healthy planet for future generations.”
CBRE assists owners and occupiers with energy efficiency programs at properties it manages around the world. Since first developing CBRE’s sustainability program in 2006, ENERGY STAR has remained the operational framework for advancing energy efficiency practices in its managed portfolio. These efforts continue to produce powerful results:
Since 2007, the company has benchmarked office buildings managed by its U.S. Asset Services Group with ENERGY STAR.
Today, 1,229 buildings representing more than 229 million square feet are participating in the program, significantly more than from any other third-party management firm.
In comparison with the previous year, the 1,229 participating buildings experienced a savings of 3,392 metric tons of CO2e; the equivalent of reducing 8,078,571 average passenger vehicle miles driven in an entire year.
CBRE’s 406 ENERGY STAR buildings under management represent almost 5% of the 8,804 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, including 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 (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com
About ENERGY STAR ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, ENERGY STAR offers businesses and consumers energy-efficient solutions to save energy, money, and help protect the environment for future generations. 16,000 organizations are ENERGY STAR partners committed to improving the energy efficiency of products, homes, and buildings. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).