As developers and operators of buildings, whose lives span many generations, we are acutely aware that construction and management of those buildings must protect and enhance the physical environments in which they exist. The core of our environmental policies is to conduct business in accordance with applicable environmental laws and governmental directives and to minimize our environmental footprint whenever and wherever feasible. This entails the protection of existing habitats, as well as controlling pollution and use of resources, while effectively addressing the longer term impact of transportation to and from each location.
Leadership
Tishman Speyer strives to be a leader in sustainable development and property operations. Operating our businesses sustainably enhances the quality of life of every one of our tenants and employees, and creates lasting value for our investors and communities. This ethos is reflected in our mission to certify all of our properties through recognized third party certifications. With only a few exceptions, we strive to certify all new developments to a minimum standard of the United States Green Building Council’s rating of LEED Silver or Europe’s BREEAM rating of Very Good, and all eligible operating properties under the appropriate existing building rating system.
Tishman Speyer is also committed to sharing environmental knowledge with our peers in order to learn from their experiences, while engaging in the global debate through our leadership positions on prominent Green Building Councils and other sustainability focused industry groups globally. We strive to not only create the most sustainable value in real estate today, but also to create the blueprint for a sustainable future for all.
Efficiency
Efficiency has always been at the core of our business. Doing more with less allows us to reduce operating and capital expenses while minimizing our impact on the environment. Tishman Speyer strives to reduce energy and water consumption and decrease waste production through better design, technology and sustainable operating procedures. Our integrated platform allows us to identify trends and share best practices across the globe, to ensure that we remain at the forefront of industry standards and thus minimize the carbon footprint of our portfolio.
Transparency
Tishman Speyer strives to maintain transparency with our stakeholders regarding the sustainable aspects of our developments and operations. To this end we report our sustainability metrics across a multitude of industry leading platforms, including GRESB, Energy Star and a public facing Global Sustainability Report prepared in accordance with GRI Core standards. Additionally, the consumption data for a majority of our US based assets are publicly available through municipal websites. These benchmarks create the foundation that allows Tishman Speyer to continually improve.
Innovation
Tishman Speyer strives for continuous improvement by investing in new infrastructure and technology to increase operational efficiencies. We strive to use data and innovative technological advancements and operating practices to improve asset valuation while further minimizing our environmental and carbon footprint across our global portfolio.
Health
Our commitment to sustainability ensures that our tenants and employees work in healthy and productive environments. Through our innovative operating practices, education programs and outreach, we continue to create some of the healthiest and most desirable spaces to work and live.
Tenant Engagement
We are committed to working with our tenants to maximize the opportunities to collaborate on environmental issues within our buildings and our communities. We understand that in order to achieve impactful change we need to work hand in hand with our tenants and occupiers. As leaders in real estate we are uniquely positioned to leverage our expertise to help our tenants achieve their corporate environmental goals. It is only with a strong partnership between Tishman Speyer and our tenants that we can achieve meaningful reductions in resource consumption in our buildings.