The ULI Greenprint Center for Building Performance announced the addition of Starwood Hotels & Resorts Worldwide Inc. as a new member.
The ULI Greenprint Center is a worldwide alliance of real estate owners, investors, and financial institutions committed to reducing energy consumption and carbon emissions across the property industry.
Simon Turner, president of global development for Starwood Hotels & Resorts, has been appointed to Greenprint’s advisory board. "We are delighted to join forces with the ULI Greenprint Center to help advance our common goal of creating environmentally sustainable communities across the globe," Turner says. "As a company, we are committed to integrating leading environmental practices and sustainability principles into our core business strategy, and we leverage our people, brands, and global reach, while working closely with our hotel development partners and suppliers, to achieve these goals. We encourage other hotel management and ownership companies to join this effort and work with us to collectively improve the sustainability of the hotel and real estate sector around the globe."
Frits van Paasschen, chief executive officer for the company, says, "At Starwood, we believe that economic growth and the well-being of society are inextricably tied to the health of the environment. As one of the leading hospitality companies in the world, we have an obligation to be good stewards to the planet, as our guests choose our hotels both for what is on the inside as well as to experience the communities in which they exist. It is not only good for our environment, guests, associates, partners, and shareholders, it also has well-proven economic rationale."
For the past five years, Starwood has reported and publicly disclosed its carbon footprint through the Carbon Disclosure Project (CDP) survey for all its hotel and corporate office operations. In addition, in 2011, Starwood also began reporting critical water-related and supply chain–related data to the CDP. The company is committed to reducing the environmental impact of its business and creating a company culture committed to sustainability. To that end, Starwood is working toward its goal of reducing energy consumption by 30 percent and water consumption by 20 percent by 2020.
Starwood joins existing Greenprint members Aetos Capital; AvalonBay; Beacon Capital Partners; BlackRock; Blackstone Group; CalPERS; Commonwealth Pacific; Equity Office Properties; First Washington Realty; GE Capital Real Estate; GI Partners; General Investment and Development Advisors Inc.; GID Investment Advisors LLC, GLL Real Estate Partners; Grosvenor; Hines; Jones Lang LaSalle; LaSalle Investment Management; Miller Capital Advisory Inc.; Paramount Group; PATRIZIA Immobilien; Prologis; Prudential Real Estate Investors; RREEF, a member of the Deutsche Bank Group; Silverstein Properties; Sonae Sierra; Thomas Properties; TIAA-CREF; Tishman Speyer; and UDR.
The ULI Greenprint Center’s mission is to lead the global real estate industry toward improved environmental performance, focusing on energy efficiency and reduced carbon emissions. Greenprint is a member-driven organization that achieves its goals through measurement, action, and education. The Greenprint Foundation, founded in 2009, was acquired by ULI in 2012 to form the ULI Greenprint Center for Building Performance.
Greenprint’s flagship product is the Greenprint Performance Report. The international scope and size of the report make it one of the real estate industry’s largest, most transparent, and most comprehensive environmental benchmark. The report is a consolidated view of participating properties, detailing their energy, water, and waste performance by geography and asset class For additional information, visit www.greenprintfoundation.org.