Environment
As a company driven by value creation, we strive to advance our building performance and resilience through efficient measures. Our environmental responsibility efforts drive value for all of our stakeholders by identifying projects that mitigate environmental impacts, enhance property resiliency, deliver return on investment, and reduce operating costs.
Achievements

ENERGY STAR
Received the 2024 ENERGY STAR® Partner of the Year award for Sustained Excellence from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE).
In 2024, we earned 19 new ENERGY STAR certifications and 150 ENERGY STAR recertifications.

LEED-Certified Properties
6.4 Million Square Feet of LEED-Certified Properties.* LEED certifications are awarded to high performing green buildings.
We target LEED Gold or Silver for all new developments.

GHG Emissions Reduction
We’ve reduced our GHG emissions by 26.4% since 2018, with 26,440 CO2e metric tonnes saved in 2024 alone.* These cumulative efforts represent 70% completion of our 15-year science-based goal to reduce Scopes 1 & 2 GHG emissions by 37.5% by 2033.

Waste and Recycling Increase
We’ve increased our recycling by 12.14% since 2020, with an additional 139 metric tonnes diverted from landfills in 2024 alone through property-level recycling programs, e-waste recycling, and composting efforts.*

Energy Consumption Reduction
We’ve reduced our energy consumption by 6.86% since 2020, with 20,291 megawatt hours saved in 2024 alone.* We continue to invest in projects to further our goals, including renewable energy, LED lighting retrofits, energy-efficient HVAC systems, smart windows, window films, occupancy sensors, and smart building technologies.

Water Consumption Reduction
We’ve reduced water consumption by 11.5% since 2020, with over 54 million gallons of water saved in 2024 alone.* We aim to manage our water-related costs and develop a reputation for resource conservation through projects like drip irrigation, smart controllers, low-flow sprinkler heads, efficient plumbing fixtures, and xeriscaping.
* Information as of December 31, 2024 (on a like-for-like basis).