Tuesday 23 February 2021

Real estate investment trust firm Kilroy Realty to track energy and carbon emissions

Real estate investment trust firm Kilroy Realty to track energy and carbon emissions

Kilroy Realty Corporation, a real estate investment trust company, has teamed up with CodeGreen to track its energy, water, waste and carbon emissions for more than 80 assets in its portfolio.

Data gathered by CodeGreen will be tracked using the ENERGY STAR Portfolio Manager Tool, a joint programme of the Environmental Protection Agency (EPA) and the Department of Energy (DOE), which aims to help consumers, businesses and industry save money and protect the environment through the adoption of energy efficient products and practices.

Kilroy Realty Corporation achieved carbon neutral operations at the end of 2020 through measures including energy efficiency, onsite and offsite renewables, renewable energy certificates and verified emission reduction credits.

In 2019, the company reduced its energy consumption in its office portfolio by 1.8% and water usage by 5.6% and 70% of its portfolio is ENERGY STAR-certified.

In addition, it increased its recycling diversion rate from 40.4% to 41.5% and is planning to focus on expanding its climate change resilience programme.

Sara Neff, Senior Vice President, Sustainability at Kilroy Realty Corporation said: “We are excited to be partnering with CodeGreen on our sustainability efforts. Data management and accuracy is at the foundation of our success in sustainability and we believe CodeGreen will help us elevate our programme so that we can continue to achieve our ambitious environmental goals.”

Written by

Bruna Pinhoni

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