Hudson Pacific Reaffirms Leadership in Sustainability with Industry-Wide Recognitions

Earned Top Honors from GRESB, Nareit, ENERGY STAR, Newsweek and S&P Global

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced that it has been recognized again as a leader in sustainability by key industry organizations and ranking systems including the GRESB Real Estate Assessment, Nareit Leader in the Light Awards, ENERGY STAR Partner of the Year Awards, Newsweek's America’s Most Responsible Companies and S&P Global Sustainability Yearbook.

Hudson Pacific’s achievements in 2023 reflect our continued commitment to leadership in sustainability through our Better Blueprint platform,” said Natalie Teear, Senior Vice President of Innovation, Sustainability and Social Impact. “We have a moral imperative to be a part of the solution to the climate crisis, and our work in this area is a critical component of our strategy to differentiate our portfolio and drive value for stakeholders. We are committed to achieving and expanding upon our ambitious sustainability goals in 2024 and beyond.”

Hudson Pacific was one of the first major real estate organizations to achieve 100% carbon neutrality across all operations in 2020. Today, the company’s in-service office portfolio is over 90% LEED, 70% ENERGY STAR and 40% Fitwel certified.

Hudson Pacific achieves top rankings in 2023 GRESB Real Estate Assessment

GRESB is the global standard for portfolio-level ESG reporting in the real estate sector. This marks the third consecutive year Hudson Pacific has been named a Regional Sector Leader in the Office, Americas peer group, and the fifth consecutive year Hudson Pacific has achieved Green Star designation and the highest 5-star rating from GRESB.

Hudson Pacific wins 2023 Nareit Leader in the Light: Office Award

Nareit selected Hudson Pacific as the recipient of a 2023 Leader in the Light Award, the organization’s highest sustainability achievement for office and other property sector REITs. This is the second consecutive year Hudson Pacific has earned this top honor from Nareit for the office sector.

Hudson Pacific earns ENERGY STAR Partner of the Year for fifth consecutive year

The Environmental Protection Agency (EPA) recognized Hudson Pacific with both the ENERGY STAR Partner of the Year distinction and Sustained Excellence status for a fifth consecutive year of notable achievements in energy efficiency and environmental stewardship. Award winners are chosen from among thousands of ENERGY STAR program participants.

Hudson Pacific named one of Newsweek’s America’s Most Responsible Companies 2024

Newsweek’s designation as a Most Responsible Company reinforces Hudson Pacific’s reputation as an excellent corporate citizen. Newsweek considers all three pillars of ESG in their analysis conducted by Statista and based on over 30 KPIs from 2,000 public companies as well as a public survey of 17,000 U.S. residents.

Hudson Pacific included in S&P Global 2023 Sustainability Yearbook

S&P Global’s Sustainability Yearbook aims to distinguish companies within their industries that demonstrate strength in corporate sustainability. For the second consecutive year, Hudson Pacific was identified by S&P Global as an industry leader.

About Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. For more information visit HudsonPacificProperties.com.

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