Parkway Properties
Goals | Progress |
---|---|
20%Reduction in Energy Intensity 20% Reduction in Portfolio Energy Intensity from a 2013 baseline by 2024. Based on a commitment of 18.6 million square feet.
![]() | 4%Cumulative (vs. Baseline) |
![](https://webarchive.library.unt.edu/web/20161227024544im_/https://betterbuildingssolutioncenter.energy.gov/sites/default/files/styles/partner_image/public/partners/images/parkway-properties.png?itok=QVEaAPx_)
Parkway Properties is a real estate investment trust that owns and operates high quality office properties located in top-tier Sunbelt markets. Parkway’s robust corporate sustainability program includes setting aggressive sustainability goals and targets, centralizing its programs, developing a strong educational outreach program and resources site, and rolling out over 20 corporate sustainability policies. These targets include a decrease in energy and carbon emissions by 20% across the portfolio over the next 20 years. In 2014, 96% of the company’s total square footage was benchmarked and registered in ENERGY STAR Portfolio Manager, up from 75% in 2013.
As a Better Buildings Challenge Partner, Parkway Properties is implementing several strategies like tackling operational improvements, load reduction projects, and other low-hanging fruit before deep energy retrofits such as plant upgrades, enforcing a Green Tenant Improvement Guide that requires tenants to install efficient lighting, occupancy sensors, and metering devices, and utilizing a green office guide to address tenant behavior. This robust corporate sustainability program combined with a strong commitment from Parkway’s leadership team is critical to the company’s success in meeting the Better Buildings Challenge. Parkway’s energy efficiency goal includes having all facilities score 90 or higher on the 1-100 ENERGY STAR scale and decreasing energy consumption by 20% across its portfolio by 2033.