A Message from our CEO
At SL Green, we take our sustainability profile very seriously. Sustainable buildings and operations are increasingly important to our tenants, our investors, and our community. For good reason, employees take pride in what they are accomplishing.
Between 2010 and 2014, we completed more than $35 million in energy-efficiency projects that will save more than $10 million annually through various initiatives including the installation of real-time energy management systems, LED lighting technology, new automation systems, and the replacement of obsolete equipment. As we continue to execute our market-leading program via the above measures, we also look forward to deploying cutting-edge technologies such as cogeneration, solar, and fuel cells to significantly reduce energy consumption and shrink our carbon footprint.
We support our tenants’ sustainability efforts, promoting education and awareness about key building initiatives, including our 75% recycling rate and the installation of electric vehicle charging stations across our suburban properties. We have achieved the Energy Star label at 24 of our properties and six LEED Certifications, including three Gold-level designations. Newsweek magazine named SL Green among its “2014 America’s Greenest Companies,” and we are proud to announce that the U.S. EPA has named SL Green a 2015 ENERGY STAR Partner of the Year.
While balancing the introduction of newer technologies against the capital-intensive cost of installing them, we are committed to achieving our goal of a 15% reduction in energy use portfolio-wide by the year 2020.
We hope you find this report enlightening. Thank you.
Chief Executive Officer