GRESB Names Kilroy Realty North American Leader in Sustainability for Second Year in a Row
LOS ANGELES--(BUSINESS WIRE)--Kilroy Realty Corporation (NYSE: KRC) announced today that it has once again been named the North American leader in sustainability by GRESB. GRESB is widely recognized as the most rigorous standard for measuring the sustainability performance of real estate companies and funds, and GRESB participation has become standard practice for most of the world’s fund managers and listed property companies. GRESB ranked KRC first among 155 North American participants across all asset types and fifth worldwide out of 707 total participants.
“It is a real honor to be named the North American real estate leader in sustainability by GRESB for the second year in a row,” said John Kilroy, KRC’s Chairman, President and Chief Executive Officer. “This second designation underscores our continuing effort to be a leader in the sustainability performance of real estate.”
GRESB also gave KRC its Regional Sector Leader designation for ranking first among all North American office participants. KRC also earned this designation in 2014.
“A commitment to sustainability is the foundation of everything we do at KRC. We are thrilled to again be named the top real estate landlord in North America by GRESB, as well as Regional Sector Leader. It once again demonstrates how committed every member of the KRC team is to sustainability,” says Sara Neff, Vice President of Sustainability at KRC.
GRESB uses environmental, social and governance performance indicators to assess the sustainability performance of real estate companies. More than 50 institutional investors, representing $6.1 trillion of capital, use the GRESB results throughout the investment management and engagement process to optimize the risk/return profile of their real estate investments.