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WASHINGTON (November 5, 2019) – JBG SMITH, a leading owner and developer of high-quality, mixed-use properties in the Washington metropolitan area, has joined the Urban Land Institute’s Greenprint Center for Building Performance (Greenprint). Greenprint is a worldwide alliance of the foremost real estate owners, investors and financial institutions committed to improving the environmental performance of the global real estate industry, with a particular emphasis on reducing energy consumption and carbon emissions.
JBG SMITH is an S&P 400 company with a portfolio of 20.6 million square feet of high-quality office, multifamily and retail assets. Intensely focused on placemaking, JBG SMITH creates vibrant, amenity-rich, walkable neighborhoods throughout the Washington region. It is the exclusive developer for National Landing in Northern Virginia, the location for Amazon’s new headquarters.
“We are proud to become a member of the Urban Land Institute’s Greenprint Center, whose goals align with our commitment to the long-term sustainability of our region,” said Matt Kelly, JBG SMITH Chief Executive Officer. “In our third year as a public company, JBG SMITH has established our strength as an industry leader through our commitment to environmental, social, and governance principles, transparency in management practices, and disclosure of key performance metrics. As we continue to prioritize environmental objectives, we look forward to collaborating with ULI and the Greenprint members to meet aggressive carbon and energy reduction goals.”
JBG SMITH won the 2019 Global Sector Leader award for the Diversified – Office/Residential sector from the Global Real Estate Sustainability Benchmark, a leading organization for sustainability metrics in the real estate industry.
“Joining Greenprint is an opportunity for JBG SMITH to further develop and share sustainable real estate practices,” said Kim Pexton, Vice President of Sustainability for JBG SMITH. “By working with Greenprint, we will continue to learn and develop environmental strategies that can be deployed at scale in our region.”
The cumulative holdings of Greenprint members total more than 10,000 properties in 32 countries with a value of more than $750 billion. Greenprint members are at the forefront of efforts to reduce the carbon footprint of buildings and increase asset values by incorporating sustainability into all aspects of development and building operations. With demand rising from investors and tenants for environmentally conscious space, Greenprint members are raising the bar for high-performing, sustainable buildings.
JBG SMITH is joining existing Greenprint members Boston Properties; CenterPoint Properties; BlackRock; CalPERS; Clarion Partners; CommonWealth Partners; DWS; FCP; FPA Multifamily; GID; GLL Real Estate Partners; Granite Properties; Heitman; The Howard Hughes Corporation; Jamestown Properties; Jones Lang LaSalle; Kilroy Realty; LaSalle Investment Management; LendLease Americas; Morgan Creek Ventures LLC; Parkway Properties; PGIM Real Estate; Prologis; Rudin Management Company, Inc.; Savanna; SL Green; Sonae Sierra; Tishman Speyer; The Net Group; and Zurich Alternative Asset Management.
About the ULI Greenprint Center for Building Performance
The ULI Greenprint Center’s mission is to lead the global real estate industry towards improved environmental performance, focusing on energy efficiency and reduced carbon emissions. Greenprint is a member-driven organization that achieves its goals through measurement, action and education. Through measurement, benchmarking, knowledge sharing, and the implementation of best practices, Greenprint and its members strive to reduce greenhouse gas emissions by 50 percent by 2030. Greenprint is a research center within the ULI Center for Sustainability and Economic Performance, which also oversees ULI’s Urban Resilience Program and the Building Healthy Places initiative. For additional information, visit uli.org/greenprint.
About the Urban Land Institute
The Urban Land Institute is a global, non-profit real estate organization whose work is driven by its multidisciplinary membership. Its mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. Established in 1936, the Institute has more than 45,000 members worldwide representing all aspects of land use and development. For more information, please visit uli.org or follow us on Twitter, Facebook, LinkedIn, and Instagram.