Greenprint Foundation is pleased to present Volume 2, 2010 of the Greenprint Performance ReportTM which marks the first report in which Greenprint Foundation members can measure their relative progress in reducing greenhouse gas emissions over time. Volume 2 expands on our mission of providing a clear and consistent standard of greenhouse gas emission measurement and performance for the real estate industry which, along with its scope and size, make it not only one of the largest but one of the industry’s most verifiable, transparent and comprehensive benchmarking tools. For this and subsequent volumes, we have changed the name to the Greenprint Performance Report so as not to limit ourselves from presenting and analyzing the wide range of sources that contribute to greenhouse gas emissions. While the core of the Report is based on indexing and benchmarking, the increasing depth and breadth of our participation creates the opportunity to look at not only emissions reduction, but also lower energy consumption, and the impact of renewable energy and clean technology.
The Greenprint portfolio analyzed in Volume 2 is substantially larger than that in Volume 1, including 1,623 properties (a 170% increase) and 31 million square meters of commercial space (a 93% increase). The growth has come both from new member submissions and an impressive increase in properties submitted by our original participating members.
Highlights from the Greenprint Performance Report, Volume 2 include:
- Greenhouse gas emissions decreased 0.7% from 2009 to 2010 on a Like for Like portfolio basis. Emissions reductions are due to a decrease in energy consumption, as well as our members’ increasing commitment to renewable energy.
- Overall energy consumption of the Greenprint portfolio also decreased by 0.7% from 2009 on a Like for Link portfolio basis. Nine members decreased energy consumption, while eight members increased energy consumption on a Like for Line basis. Median energy intensities vary geographically due in large part to activities undertaken at the property level, local climate and regulatory structure. Sample sizes also vary by region and country, and therefore, general conclusions surrounding geographic intensity indicators have not been made.
- The proportion of energy from renewable sources essentially remained the same from 2009 to 2010. Procurement of renewable energy from offsite sources, such as certified renewable electricity, remained nearly the same, averting 8% of Greenprint’s total emissions. However, investment in onsite renewable energy, such as solar installations, increased, averting 0.03% of emissions in 2010.
With two reporting periods available to compare, the Greenprint Performance Report provides expanded information and analysis that form the base for a true performance index. The Greenprint Carbon IndexTM (GCX), which is found on page 23 of the Report, has become a key component in the overall report and is a tool that will become more and more useful to the global property industry as the Foundation tracks its long term goal of reducing emissions 50% by 2030.
Our intent is to broaden the Greenprint Performance Report’s scope as the Foundation expands its membership and increases participation in the database. If you have any questions regarding the Index, or wish to discuss becoming a Greenprint member, please contact:
Chuck Leitner, President and CEO, at cleitner@greenprintfoundation.org or phone (+1) 212 454 6500.
Adam Slakman, Vice President - Technology & Member Services, at
aslakman@greenprintfoundation.org or phone (+1) 212 454 5987.
Greenprint Performance Report
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December 01, 2010
Verdantix has reviewed Greenprint's Carbon Index in its report ‘Greenprint Unveils Real Estate Carbon Index’. According to the report, "Greenprint Foundation’s greatest innovation lies with the pragmatic and collaborative approach adopted by its member pool." Please view the Executive Summary of the report.
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