Parkway: Energy performance

Energy Performance
Cumulative (vs. Baseline)14%
Annual (2021)3%
Water Performance
Cumulative (vs. Baseline)28%
Annual (2021)4%
PORTFOLIO ENERGY PERFORMANCE

Better Buildings Challenge Partners strive to decrease portfolio-wide source energy use intensity (EUI) and to increase the percent improvement compared to a set baseline. Parkway Partners' portfolio consists of 19 properties and more than 8.5 million square feet. Parkway has improved energy performance by 14% from a 2016 baseline, making progress towards a goal of 20% by 2026.  Energy consumption during 2020 and 2021 was significantly lower than a typical year since COVID-19 disruptions resulted in temporary building closures and reduced occupancy for much of the year. Parkway has funded numerous projects to upgrade major HVAC equipment and overhaul aging central plants across their portfolio. They continue to retrofit buildings with LEDs as they have turnover and encourage tenants to include LEDs in their tenant improvement projects.

PORTFOLIO WATER PERFORMANCE

Better Buildings Challenge Partners strive to decrease portfolio-wide source water use intensity (WUI) and to increase the percent improvement compared to a set baseline. Parkway Houston's portfolio consists of 19 properties and more than 8.5 million square feet. Parkway has improved water performance by 28% from a 2016 baseline, making progress towards a goal of 30% by 2026.  Water consumption during 2020 and 2021 was significantly lower than a typical year since COVID-19 disruptions resulted in temporary building closures and reduced occupancy for much of the year.  Parkway has continued to retrofit buildings with low-flow valves and aerators. They continue to evaluate projects that would increase overall water efficiency, and where possible, require tenants to install leak detection systems with new buildouts. They are also continuing to explore opportunities to improve irrigation water efficiency through measures such as additional smart irrigation systems and drip irrigation. 
 

PORTFOLIO WASTE PERFORMANCE

Better Buildings Waste Pilot cohort participants strive to reduce portfolio-wide waste intensity and increase overall waste diversion. Parkway Properties is working towards a goal of 75% waste diversion by 2025. Parkway has tracked waste data at 19 facilities and achieved an overall waste diversion rate of 43%, an improvement of 20% from their baseline year. Parkway’s waste diversion efforts are many. All 19 facilities have building-wide recycling programs. Parkway's waste program includes traking all waste streams and their diversion rates, and educating tenants and building users through in-house training, newsletters, and events. Other measures include replacing antiquated trash bins with modern trash compactors, expanding use of cardboard bailers, working with janitorial teams to improve the daily waste collection and recycling, posting educational signage, and recycling specialty materials like light bulbs, computers, phones, batteries, and construction & demolition material.

*2020 and 2021 waste disposals are significantly lower than a typical year since buildings experienced reduced occupancy due to COVID-19 disruptions.