SL Green Realty has saved over $6 million thanks to new energy-efficient measures at its properties, the real estate investment trust said in its first ever sustainability report.
Measures such as LED lighting, real-time building energy management systems, recycling (SL Green reportedly recycles over 75 percent of building waste) and cutting water use earned the company a third LEED-EB Gold certification and 24 Energy Star Labels.
“Our general approach,” Jay Black, SL Green’s director of sustainability. told GlobeSt, “is about starting slow and building our sophistication over time. Sustainability is a tool to make our business better through continuous refinement of previous successes.”
The company aims to continue its investment in “key energy efficiency projects” and reduce costs by 15 percent in 2020. [GlobeSt] — Julie Strickland