USAA Real Estate: Energy performance

Energy Performance
Average Annual % Improvement (2021)1.94%
Equivalent Cumulative % Improvement3.85%
Energy Performance
Average Annual % Improvement (2019)2%
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. USAA Real Estate's portfolio consists of more than 50 buildings and more than 22 million square feet. Since 2020, USAA Real Estate has improved energy performance by an average of 1.9% each year.  This is equivalent to a cumulative improvement of 3.85%, accounting for the varying lengths of time properties were included in USAA Real Estate’s portfolio.

*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.

ENERGY PERFORMANCE BY PROPERTY

Looking at the percent improvement in energy performance across all properties can provide insight into how an organization is saving energy.  USAA Real Estate has achieved an energy performance improvement of greater than 6% at 39 of its properties. While there are 23 properties that have experienced an increase in Source EUI, it should be noted that many of these buildings have gone through a lease-up phase and/or more densification, thus increasing the energy demand in the building.  Concentrated effort is taken to identify opportunities for future energy efficiency improvements at these buildings.

IDENTIFYING OPPORTUNITIES FOR IMPROVEMENT

Property-level energy performance metrics, including EUI and percent improvement to date, are critical to track progress over time and identify opportunities for additional energy savings. USAA Real Estate's portfolio consists of properties with a range of baseline EUI values, most of which are between 100 to 300 kBtu/sq. ft. The majority of properties have shown energy improvement since 2008. The properties located near or below the 0% axis may present good opportunities for further savings.

PORTFOLIO WASTE PERFORMANCE

Better Buildings Waste Pilot cohort participants strive to reduce portfolio-wide waste intensity and increase overall waste diversion. USAA Real Estate is working towards a goal of a 2% annual improvement in waste diversion by 2030. As of 2021, USAA Real Estate tracked waste data at 25 facilities and achieved an overall waste diversion rate of approximately 52%. USAA is to continually looking to evaluate and improve data collection, timeliness, and reporting efforts each year with the hope of identifying new improvement opportunities to reduce waste.