Parkway owns and operates high-quality office properties located in attractive submarkets in Houston, Texas. Parkway’s robust corporate sustainability program includes setting aggressive sustainability goals and targets, centralizing its programs, developing a strong educational outreach program and resources site, and rolling out over 20 corporate sustainability policies. These targets include a decrease in energy and carbon emissions by 20% across the portfolio over 20 years. 100% of the company’s total square footage is benchmarked and registered in ENERGY STAR Portfolio Manager. For the 2018 calendar year, all of Parkway's 19 buildings were LEED certified, and 17 of Parkway’s 19 buildings earned the ENERGY STAR label.
As a Better Buildings Challenge Partner, Parkway is implementing several strategies like tackling operational improvements, load reduction projects, and other low-hanging fruit before deep energy retrofits such as plant upgrades, enforcing a Green Tenant Improvement Guide that requires tenants to install efficient lighting, occupancy sensors, and metering devices, and utilizing a green office guide to address tenant behavior. This robust corporate sustainability program combined with a strong commitment from Parkway’s leadership team is critical to the company’s success in meeting the Better Buildings Challenge. Parkway’s energy efficiency goal includes having all facilities score 90 or higher on the 1-100 ENERGY STAR scale and decreasing energy consumption by 20% across its portfolio by 2025.
|20%Reduction in Energy Intensity|
20% Reduction in Portfolio Energy Intensity from a 2016 baseline by 2026. Based on a commitment of 8.7 million square feet.
|14%Cumulative (vs. Baseline)||Water Goals|
|30%Reduction in Water Intensity||Progress|
|28%Cumulative (vs. Baseline)|