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Kohl’s embedded members of the Finance Department into the Energy team to expedite communication of financial benefits and approval of energy efficiency projects.
In order to benchmark energy data and identify efficiency opportunities, Prologis developed a multi-pronged approach to gain access to tenant utility data through the modification of lease language and coordination with utilities.
The Tower Companies updated its standard lease agreements to include a green appendix that 100% of new and renewed tenants accepted, supporting efforts to reduce energy and water use across its commercial portfolio.
At its Regency Saugus Center in Massachusetts, national retail center owner Regency Centers partnered with tenant Trader Joe's to install a 253 KW rooftop solar system. Regency Centers owns the solar array and sells the generated solar energy power to Trader Joe's at a discount, offsetting approximately 65% of their total electricity use with clean power.
adidas created the greenENERGY Fund to facilitate investments in energy efficiency and renewable energy projects; the company approved funding for 61 projects, investing $10.8 million and achieving a 29% internal rate of return across the project portfolio.
UC Berkeley's Energy Management Initiative (EMI) targets building occupants through building surveys and energy dashboards, and allocates energy cost responsibility to individual campus operating units to achieve savings of $6.5 million in just three years.
Atlanta's Emory University created WaterHub, an innovative on-campus solution designed to treat and reuse up to 400,000 gallons of water per day, decreasing potable water demand by over one-third. In addition to saving money, the WaterHub is creating scientific and educational opportunities on campus.
Through an LED retrofit pilot program, Belk, Inc. demonstrated the benefits of an efficiency technology to company leadership and gained support for additional energy efficiency projects across the company’s portfolio.
Whole Foods Market sought to rapidly expand rooftop solar on stores and distribution centers as part of its long standing commitment to sustainability. Drawing on lessons learned from ad hoc solar installations to align landlord and tenant interests, the company developed a portfolio approach to install rooftop solar on 25% of its stores and warehouses.
Best Buy’s sustainability team identified plug loads as a significant source of energy consumption. To analyze efficiency opportunities with real consumption data, the company partnered with the Environmental Defense Fund Climate Corps program and uncovered $3M in potential annual energy savings.
Welltower, Inc developed a proprietary internal Green Arrow Building Certification (GABC) program that measures energy, water, waste, indoor air quality, and innovation. Most properties have seen a 1-12% energy use reduction. In 2016, GABC scores improved 22.5% and 29 additional buildings were certified.
H&M determined that closing exterior doors resulted in approximately $10,000 in energy cost savings a year on average per store with no discernible impact on foot traffic, leading to the establishment of a company closed-door policy.
The University of Nebraska Medical Center with its clinical partner Nebraska Medicine launched the LiveGreen Ambassadors Program, an employee engagement structure for volunteers passionate about incorporating sustainability into their role and department, to increase engagement and reach their ambitious net zero emissions, waste, and water goals by 2030.
Principal engaged in a pilot to assess climate-related risks for assets in one of its funds to determine material risks and applicability across the fund and individual assets. Data from the pilot enabled Principal to provide property teams with risk information, better inform organizational policies and practices around resilience, and share resilience performance with investors.
H&M improved their store energy efficiency by collaborating with landlords and utilities to apply incentive dollars to retrofit HVAC rooftop units, saving approximately $2,500 per store annually.
LBA Realty implemented a climate risk assessment process to identify, validate, and mitigate confirmed climate risk factors for existing buildings and during the acquisition process. It allowed property teams to produce property-level resilience plans to respond to the identified risks.
Prologis was seeking a financing solution to provide upfront capital for various investments in high-performance properties and projects across its portfolio. The company chose to raise capital through the issuance of green bonds, which have helped the company attract and retain tenants, improve the quality of buildings with new features that reduce operational costs and environmental impacts, and attract environmentally conscious investors.
Kaiser Permanente’s Richmond Medical Center was the first hospital in California to implement a microgrid that connects renewable energy and battery storage to a pre-existing, diesel-fueled backup power system in a hospital — as a result, the center stands to save an additional 2.63 MWh of energy per year, resulting in annual savings of $394,000.
Sprint's systematic approach to waste management has resulted in the company steadily increasing its waste diversion rate each year since 2008.
Home Depot has taken advantage of the most appropriate market options to implement a variety of onsite and offsite renewable energy projects to help achieve its targets: 135 MW of energy through renewable and alternative sources by 2020.
IHG developed a comprehensive online sustainability management system to manage hotel energy, water, and waste reduction efforts in a global, franchised business environment.
Iron Mountain collaborated with Redaptive in an efficiency-as-a-service product to finance energy efficiency projects, creating a flexible future cost savings program.
Lendlease found $10 million in savings and achieved its Better Buildings Challenge goal 5 years early by utilizing engagement, technology, sustainable design, and more to find savings at scale across their military housing portfolio.
The University of Maryland Medical Center (UMMC) partnered with the American Society for Health Care Engineering (ASHE) to host an Energy to Care Treasure Hunt and identify energy saving opportunities across UMMC's portfolio. The teams found $2.1 million in potential savings and engaged with executive leadership to roll out capital expenditure energy efficiency projects.
University of Utah Health completed a retro-commissioning project and installed a building energy management information system (EMIS) to find 38% annual savings.