Company’s Innovative Programs Save Tenants Millions of Dollars on
Energy Bills While Protecting the Environment
MALVERN, Pa.--(BUSINESS WIRE)--Apr. 3, 2014--
The U.S. Environmental Protection Agency (EPA) has honored Liberty
Property Trust with an ENERGY STAR® Partner of the Year designation for
the third consecutive year – and in doing so has also given it the
organization’s highest honor: the Sustained Excellence Award. The
Sustained Excellence Award highlights Liberty’s continued leadership in
protecting the environment through superior energy efficiency.
“Receiving the Sustained Excellence Award is a wonderful confirmation of
what hundreds of our tenants already know: sustainable design and
property management save measurable amounts of energy which translates
into measurable savings on their bottom lines,” said Marla Thalheimer,
director of sustainability for Liberty. “During the past six years, our
tenants have saved millions of dollars on energy bills. Each day we come
to work looking for the ‘next’ thing that will help tenants control
energy costs, and we look forward to moving even further forward in the
For more than a decade, Liberty Property Trust has led the commercial
real estate industry in the development, management and operations of
sustainable buildings. The company has certified 118 buildings with
Energy Star and developed (or has in development) 69 LEED® commercial
buildings. Some of the other reasons the EPA presented the Sustained
Excellence Award to Liberty include:
Liberty has increased its average ENERGY STAR score from 55 to 75
since 2008 with more than a 20 percent energy savings.
The company is completing a smart grid research and development
project with PECO Energy that implemented advanced lighting and HVAC
controls, advanced metering, and a three-tiered demand response system
in multi-tenanted office buildings.
While completing the Building Owners and Manager’s Association’s
(BOMA) 7-Point Challenge, Liberty has received recognition as the
“Most Innovative” for its development of the Liberty Energy Efficiency
Partnership (LEEP) Program.
Educating tenants, the company is committed to distributing monthly
progress reports to property managers and upper management
highlighting current ENERGY STAR scores and changes in energy use
percentages for each city and region and for the portfolio as a whole.
Communicating with the community about the importance of ENERGY STAR,
Liberty has established and maintained the Liberty Green Guide
website, which serves as a resource for office and industrial tenants,
and for the general public. In 2013, page views increased by more than
70 percent over the previous year.
The 2014 Partner of the Year - Sustained Excellence Awards are given to
a variety of organizations to recognize their contributions to reducing
greenhouse gas emissions through superior energy efficiency. These
winners have reduced greenhouse gas emissions by setting and achieving
aggressive goals, and employing innovative energy efficiency approaches.
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. Award
winners are selected from the 16,000 organizations that participate in
the ENERGY STAR program. Awards will be presented in Washington, D.C. on
April 29, 2014.
About Liberty Property Trust
Liberty Property Trust (NYSE:LPT) is a leader in commercial real estate,
serving customers in the United States and United Kingdom, through the
development, acquisition, ownership and management of superior office
and industrial properties. Liberty's 100 million square foot portfolio
includes 746 properties which provide office, distribution and light
manufacturing facilities to 1,800 tenants.
About ENERGY STAR
ENERGY STAR was introduced by the U.S. Environmental Protection Agency
in 1992 as a voluntary market-based partnership to reduce greenhouse gas
emissions through increased energy efficiency. Today, ENERGY STAR offers
businesses and consumers energy-efficient solutions to save energy,
money, and help protect the environment for future generations. 16,000
organizations are ENERGY STAR partners committed to improving the energy
efficiency of products, homes, and buildings. For more information about
ENERGY STAR, visit www.energystar.gov.
Source: Liberty Property Trust
Liberty Property Trust
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