Members of the ULI Greenprint Center for Building Performance continue to demonstrate leadership in sustainability in the built environment by reducing energy consumption, carbon emissions, and water use in their buildings. Greenprint is a worldwide alliance of leading real estate owners, investors, and strategic partners committed to improving the environmental performance of the global real estate industry. Through measurement, benchmarking, knowledge sharing, and implementation of best practices, Greenprint and its members are striving to reduce greenhouse gas emissions by 50 percent by 2030.
Volume 9 of the Greenprint Performance Report™, released in fiscal year 2019, tracked, benchmarked, and analyzed the performance of nearly 8,000 properties globally owned by Greenprint’s members. The report showed a 3.3 percent reduction in energy consumption, a 3.4 percent reduction in carbon emissions, and a 2.9 percent reduction in water use between 2016 and 2017 (the tracking period for the October 2018 report).
Greenprint is part of ULI’s Center for Sustainability and Economic Performance. In a statement accompanying the release of the report, Lynn Thurber, immediate past chairman of the center’s advisory board, pointed to the correlation between improved building performance and improved investment returns since Greenprint’s establishment in 2009. “Greenprint continues to expand its value proposition by working with its members to develop market solutions that will further reduce environment impact and increase asset-level net operating income,” said Thurber, who is a former ULI Global Chairman and past chairman of JLL Income Property Trust.
The properties included in the report’s analysis are located across 28 countries and account for nearly 2 billion square feet of building area. The value of real estate assets under management by Greenprint members exceeds $760 billion, which is almost 4 percent of the value of high-quality commercial properties globally.
The Volume 9 report was informed by data contributed by Greenprint members Berkshire Communities, BlackRock, CalPERS, Clarion Partners, CommonWealth Partners, DWS, First Washington Realty Inc., GID, GI Partners, GLL Real Estate Partners, Granite Properties, Heitman, Hines, Howard Hughes, Invesco, Jamestown Properties, Jones Lang LaSalle, Kilroy Realty, LaSalle Investment Management, Morgan Creek Ventures LLC, Parkway Properties, PGIM, Prologis, Rudin Management Company Inc., Savanna, Sonae Sierra, Tishman Speyer, and the Net Group.