SL Green Releases First Sustainability Report
SL Green Realty Corp. (NYSE:SLG), New York’s largest commercial landlord, today issued “What it Means to be Green,” the company’s first sustainability report detailing its portfolio-wide environmental achievements.
“SL Green is firmly committed to its extensive environmental program,” said Marc Holliday, CEO. “We continue to invest in greater efficiency and to collaborate with our tenants to foster sustainability within our portfolio, and this report helps us to communicate those efforts in our markets. Under the direction of the executive management team and our board of directors, I am proud of the environmental achievements by our employees on behalf of our company, our tenants and the community.”
The comprehensive report utilizes Global Reporting Initiative (GRI), and Green House Gas (GHG) protocol standards to highlight SL Green’s key initiatives, which have included the reduction of energy costs by more than $6 million annually via the introduction of cutting edge LED lighting technology and real-time building energy management systems, recycling of over 75 percent of building waste, and reduction of water use by 13 million gallons per year. These conservation efforts are supported by the receipt of its third LEED-EB Gold certification, and 24 US EPA Energy Star Labels, along with other accomplishments cited in the report.
“This sustainability report provides a template for communicating the comprehensive vision, success, and commitment to future sustainability goals,” said Jay Black, SL Green Director of Sustainability. “As we redefine environmental standards, we will continue to provide investors, tenants and the industry at large with useful knowledge and tools.”SL Green’s sustainability report is available on its website at www.slgreen.com. If you would like to learn more about SL Green’s environmental program, please contact Jay Black, Director of Sustainability, at email@example.com. About SL Green Realty Corp. SL Green Realty Corp., New York City's largest office landlord, is the only fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of June 30, 2013, SL Green owned interests in 87 Manhattan properties totaling 42.8 million square feet. This included ownership interests in 27.8 million square feet of commercial properties and debt and preferred equity investments secured by 15.0 million square feet of properties. In addition to its Manhattan investments, SL Green holds ownership interests in 36 suburban assets totaling 6.4 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey, along with three development properties in the suburbs encompassing approximately 0.4 million square feet. The Company also has ownership interests in 30 properties totaling 4.1 million square feet in southern California.
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