In the the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Sara Neff, senior vice president for sustainability with Kilroy Realty Corp. (NYSE: KRC), reviewed the results of the office REIT’s 2015 sustainability report.
Study Highlights Sustainability Benefits of Brick-and-Mortar Shopping
Brick-and-mortar shopping represents a better sustainability performance compared to online shopping, according to a new white paper released by Simon Property Group (NYSE: SPG).
The study, conducted by Simon in conjunction with Deloitte Consulting, created a “cradle-to-grave” Lifecycle Analysis (LCA) that examines the environmental impact of all material, energy and fuels attributable to a product in its lifecycle.
Simon Property Group Taking Holistic Approach to Sustainability
Mona Benisi, senior director of sustainability at Simon Property Group, Inc. (NYSE:SPG), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Benisi noted that Simon has been active in sustainability issues for quite some time now. Whereas the original focus was on energy management, Simon has recently been revisiting the area as sustainability matters have become more entrenched in the industry.
Transparency Vital to Sustainability Engagement, Iron Mountain Executive Says
Kevin Hagen, director of corporate responsibility at Iron Mountain (NYSE: IRM), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Iron Mountain is an S&P 500 company that provides storage and information management services in 36 countries.
Hagen described transparency as “the currency of the realm” when it comes to sustainability: “There really is no substitute for it.”
Tenant Engagement Bolsters Sustainability, Federal Realty Executive Says
Chris Brown, sustainability manager at Federal Realty Investment Trust (NYSE: FRT), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
REITs Continue Leadership on Sustainability, Advocate Says
Cliff Majersik, executive director at the Institute for Market Transformation (IMT), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
IMT is a nonprofit organization promoting energy efficiency, green building and environmental protection in the United States and abroad.
Majersik noted that during the past year, REITs have continued their sustainability leadership.
Management Involvement Key to Sustainability, Equity One Executive Says
Joe Lopez, senior vice president of property management and director of environmental impact at Equity One, Inc. (NYSE: EQY), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Equity One owns and operates retail assets, with a portfolio concentrated in New York, San Francisco, Los Angeles and South Florida.
Sustainability Expectations Need To Be Managed, Kilroy Executive Says
Sara Neff, vice president of sustainability at Kilroy Realty Corp. (NYSE: KRC), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Kilroy owns and operates office properties in the coastal regions of greater Seattle, the San Francisco Bay area, Los Angeles, San Diego and California’s Orange County. Kilroy was a co-winner in the office sector of the 2015 NAREIT Leader in the Light Awards.
Strategist Sees Broad Range in Public Sustainability Reporting
Lenora Suki, head of sustainable finance product strategy at Bloomberg LP, joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Suki described the current state of public sustainability reporting.
GRESB COO Says Global Real Estate Sustainability Efforts on Upward Track
Chris Pyke, COO of the Global Real Estate Sustainability Benchmark (GRESB), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Commenting on the 2015 GRESB Survey, Pyke said he was “impressed and surprised” that the entire real estate industry’s sustainability achievements are on an upward track.
“The entire industry, on a global basis, is in motion. They are doing more, achieving higher levels and that is broad-based and sustained,” he said.
