Los Angeles-based Kilroy Realty Corp. revealed that the U.S. Environmental Protection Agency has for the sixth year in a row recognized KRC as an ENERGY STAR Partner of the Year. In addition, the EPA has also recognized KRC for the fourth time with its Sustained Excellence designation, which is the Agency’s highest honor.
The EPA’s annual ENERGY STAR Awards honor organizations that have made outstanding contributions to protecting the environment through superior energy efficiency. Since 1992, ENERGY STAR and its partners have saved American families and businesses more than $430 billion in energy costs and over 3.5 trillion kWh of electricity, while achieving broad emission reductions.
The award winners are chosen from nearly 15,000 partners that participate in the ENERGY STAR program, and the selection is extremely competitive. Commercial landlords that win the prestigious award have demonstrated an organization-wide commitment to reducing energy costs for their tenants in partnership with ENERGY STAR. Only organizations that have consistently earned Partner of the Year for several years are eligible to earn Sustained Excellence, and their annual achievements must continue to surpass those in previous years.
“We are very proud that ENERGY STAR has recognized our leadership in energy efficiency,” said John Osmond, Senior Vice President, Asset Management. “Continuing to drive down energy consumption in our portfolio requires close collaboration among many internal teams, and we are proud to have a corporate culture focused on finding energy savings year after year.”
KRC’s key 2018 accomplishments related to award-winning energy management programs included:
50 properties (9.1 million square feet) earned the ENERGY STAR Label in 2018, representing 77% of the KRC eligible stabilized portfolio
KRC recognized the work of its brokers to execute green leases through an innovative social media campaign
KRC’s office portfolio experienced a decrease in energy use of 2%, over 5,500 megawatt-hours, even though occupancy increased over the same timeframe
The annual CO2 reduction was equivalent to taking 826 cars off the road for a year, providing a year of electricity to 466 homes, planting 64,311 trees and letting them grow for 10 years, and avoiding burning over 21.2 railcars’ worth of coal. Since the 2010 launch of our energy efficiency programs, KRC has cumulatively reduced its energy consumption by approximately 40 million megawatt-hours.