HOUSTON--(BUSINESS WIRE)--Hines, the international real estate firm, announced today that it has been recognized by the U.S. Environmental Protection Agency (EPA) with the 2016 ENERGY STAR Partner of the Year - Sustained Excellence Award for its continued leadership in protecting our environment through superior energy efficiency achievements. The firm’s accomplishments will be recognized in Washington, D.C. on April 13, 2016.
This is the twelfth time Hines has been recognized by the EPA and the ninth time Hines has received the Sustained Excellence Award.
Hines’ portfolio of ENERGY STAR buildings consists of 181 facilities and more than 81.1 million square feet. With an average performance rating of 85.1, the portfolio is 42.5 percent more energy efficient than the national average. “Since the firm’s founding in 1957, we’ve had a high bar in terms of mechanical systems efficiency and energy savings,” said Hines President and CEO Jeffrey C. Hines. “Hines truly values our partnership with ENERGY STAR. It’s exciting to see the impact we’ve made through our sustainability programs and we remain committed to continuing our work to help reduce greenhouse gas emissions and protect the environment.”
Hines Global Sustainability Officer Gary Holtzer added, “Our participation in the ENERGY STAR program is an important aspect of the firm’s sustainability program. We use ENERGY STAR in tandem with Hines’ proprietary building management tools to support our engineering efforts to maximize performance, minimize risk and preserve long-term value for our investors, partners, clients and tenants.”
“By continued collaboration with ENERGY STAR, Hines is helping Americans save money, save energy, and do their part to reduce our nation’s greenhouse gas emissions that exacerbate climate change,” said EPA Administrator Gina McCarthy. “I’m proud to recognize Hines with the highest form of ENERGY STAR recognition, as the winner of the 2016 Partner of the Year – Sustained Excellence Award. Hines demonstrates a strong commitment to energy efficiency and to preserving a healthy planet for future generations.”
The 2016 Partner of the Year – Sustained Excellence Awards are given to a variety of organizations to recognize their contributions to reducing harmful carbon pollution through superior energy efficiency efforts. These awards recognize ongoing leadership across the ENERGY STAR program, including energy-efficient products, services, new homes and buildings in the commercial, industrial and public sectors. For a complete list of 2016 winners and more information about ENERGY STAR’s awards program, visit www.energystar.gov/awardwinners.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 199 cities in 19 countries. Hines has $87 billion of assets under management, including $43 billion for which Hines provides fiduciary investment management services, and $44 billion for which Hines provides third-party property-level services. The firm has 104 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,100 properties, totaling over 346 million square feet. The firm’s current property and asset management portfolio includes 531 properties, representing over 186 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.
About ENERGY STAR
ENERGY STAR® is the simple choice for energy efficiency. For more than 20 years, people across America have looked to EPA’s ENERGY STAR program for guidance on how to save energy, save money and protect the environment. Behind each blue label is a product, building, or home that is independently certified to use less energy and cause fewer of the emissions that contribute to climate change. Today, ENERGY STAR is the most widely recognized symbol for energy efficiency in the world, helping families and businesses save $362 billion on utility bills, while reducing greenhouse gas emissions by more than 2.4 billion metric tons since 1992. Join the millions who are already making a difference at energystar.gov.