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Kohl’s Department Stores Recognized With 2013 Energy Star® Partner Of The Year – Sustained Excellence Award

Stocks in this article: KSS

Kohl’s Department Stores (NYSE: KSS) today announced it will be recognized by the U.S. Environmental Protection Agency (EPA) as a recipient of the 2013 ENERGY STAR® Partner of the Year – Sustained Excellence Award for the company’s continued leadership in protecting the environment through superior energy efficiency initiatives. According to EPA, the 2013 Partner of the Year – Sustained Excellence Awards are given to a select group of organizations that have exhibited outstanding leadership year after year. Award recipients have reduced greenhouse gas emissions by setting and achieving aggressive goals and employing innovative energy efficiency approaches. Award winners are selected from the nearly 20,000 organizations that participate in the ENERGY STAR program. Kohl’s also received a Sustained Excellence Award in 2012 and Partner of the Year Awards in 2011 and 2010.

“Kohl’s is honored to be recognized by EPA with a 2013 Sustained Excellence Award,” said John Worthington, Kohl’s chief administrative officer. “As a major retailer with stores and corporate facilities nationwide, it is our responsibility to carefully manage our use of resources and strive to reduce our carbon footprint. Our partnership with ENERGY STAR has been instrumental in providing tools to assess the performance of our buildings, set strategy and develop action plans. Since joining the program in 1998, we have been able to ENERGY STAR certify nearly two-thirds our stores. This accomplishment translates to both cost savings and more efficient operations.”

"EPA is recognizing Kohl’s for earning EPA’s highest ENERGY STAR award - the 2013 Partner of the Year - Sustained Excellence Award,” said Bob Perciasepe, EPA’s acting administrator. “Kohl’s leads the field with their commitment to energy efficiency and demonstrates how all Americans can save energy, save money and create a healthier environment.”

Kohl’s uses the ENERGY STAR portfolio manager to track energy performance of all facilities, assess opportunities for enhanced energy performance and implement best practices. To date, the company has more than 750 ENERGY STAR-certified locations and constructs all new Kohl’s stores with the intent to pursue ENERGY STAR’s “Designed to Earn” designation. These stores are eligible to earn ENERGY STAR certification after maintaining superior energy performance for one year in operation. According to EPA, on average, commercial buildings that earn ENERGY STAR certification use 35 percent less energy and generate one-third less carbon dioxide than similar buildings.

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