ge real estate’s sustainability strategy
TRANSCRIPT
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GE Real Estate’s Sustainability StrategyInspired by ecomagination Our Vision:
GE Real Estate aims to create value for shareholders and partners by strategically improving the environmental performance of every asset in which we invest.
As one of the world’s largest and most diversified real estate investors, our approach is analytic and focused on identifying environmental improvements that deliver strong financial returns.
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Our Commitment:
“As one of the world’s most diversified real
estate investors, improving the sustainability
of our buildings is both a responsibility and
an opportunity. We view the process of
increasing the environmental performance of
assets as another way to add value to our
portfolio, and commit to evaluate the
environmental performance of every asset in
which we invest”
-Ron Pressman, President & CEO
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� Way of conducting business, not an “initiative”
� Driver of NOI & value creation
� Focused effort to reduce environmental footprint of our assets
It is:
It isn’t:
Employee engagement:
� Mandate to use LEED/other regional green building certifications
� Directive to spend unwisely
� Tree hugging…we make money doing it!
� Embrace it as an operating model
� Openness to try new strategies
GECRE Global Sustainability Program
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Program Elements
Sustainable Strategies - PilotsIdentify and pilot innovative strategies & technologies to maximize value in sustainable, energy efficient buildings
Global Implementation
Sustainable Strategies – O&MIdentify and standardize operational best practices to improve building performance and operational efficiencies
Our business platforms with support from the Global Sustainability Group (GSG) are working to integrate sustainability into their business processes.
The lessons learned from these pilots guide the rollout of sustainability processes and practices across the global operations.
Arden | Australia | Canada | France | UK
Internal GreeningGECRE is committed to reducing the environmental impact of our own business operations by focusing on processes & operations, building systems, IT, and transportation
External OutreachStrengthen relationships with existing partners and develop new public and partnerships to promote sustainability in built environment
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Strategizealign with business
objectives
Analyze & Evaluateenvironmental& financial
impact
Prioritize& Pilot targeted
initiatives
Implementintegration,
global deployment
Monitor& Refine
measure, track & benchmark
Institute Strategic
procedures for Continuous
Improvements
Implementation