The U.S. Environmental Protection Agency (EPA) has recognized USAA Real Estate Company with a 2013 ENERGY STAR Partner of the Year - Sustained Excellence Award for their continued leadership in protecting our environment through superior energy efficiency. USAA Real Estate Company's accomplishments will be recognized at an awards ceremony in Washington, D.C. on March 26, 2013.
USAA Real Estate Company, an ENERGY STAR partner since 2000, will be honored for its long-term commitment to energy efficiency. In 2012, USAA saved 3.42% in energy consumption, saved $2.7MM and improved overall efficiency (measured via reduction in Average Source Energy Intensity – kBtu/SF/YR) by 38%. This recognition marks USAA Real Estate Company's 11th straight Energy Star Partner of the Year recognition, the most by any real estate company.
Across the U.S., top companies and organizations are leading the way toward a more energy-efficient future through their participation in ENERGY STAR. Over the last 20 years, with help from ENERGY STAR, American families and businesses have saved more than $230 billion on utility bills and prevented more than 1.8 billion metric tons of greenhouse gas emissions.
'USAA Real Estate Company is committed to increasing energy efficiency in our portfolio through our partnership with ENERGY STAR, which helps protect the environment and reduce greenhouse gas emissions,' said T. Patrick Duncan, CEO. 'More importantly, our partnership with Energy Star and commitment to greater efficiency has driven the business case such that we've improved financial performance, tenant/occupant comfort as well as improved environmental execution.'
'EPA is recognizing USAA Real Estate Company for earning EPA's highest ENERGY STAR award - the 2013 Partner of the Year - Sustained Excellence Award,' said Bob Perciasepe, Acting Administrator, U.S. Environmental Protection Agency. 'USAA Real Estate Company leads the field with their commitment to energy efficiency and demonstrates how all Americans can save energy, save money, and create a healthier environment.'
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. 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 nearly 20,000 organizations that participate in the ENERGY STAR program.
About USAA Real Estate Company
USAA Real Estate Company, with approximately $12 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, multi-family, retail and hotel properties as well as investments in real estate operating companies. USAA Real Estate Co. is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.
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. Nearly 20,000 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 or call toll-free 1-888-STAR-YES (1-888-782-7937).
SOURCE USAA Real Estate Company