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Our Commitment to Sustainability
realsustainability = realpeople creating realvalue through realresponsibility
Our mission is to make a positive and profitable contribution toward a sustainable future.
Thomas Properties Group (TPG) is striving to be a leader in the development and operation of “high-performance” green buildings. Our focus is on our product, our customers and our investors with the goal of reducing our carbon footprint, improving occupant productivity, reducing operating expenses and creating enterprise value through triple-bottom-line performance (people, profit, planet).
Sustainability is an important element of TPG’s business proposition. We expect to apply green building considerations to all aspects of our business including development, investments, leasing and operations. Energy efficiency, water conservation, waste management and greenhouse gas reductions demonstrate efficient operations and effective management. We want our facilities to be known as healthy and productive environments that meet current and emerging standards. Our team is staffed with LEED accredited professionals who are dedicated to implementing sustainability in everything we do.
Investment Returns: High Performance buildings fit our strategy because they: (1) constitute a high quality product, (2) differentiate our products, (3) put us out ahead of pending government regulations, and (4) appeal to tenants who are increasingly demanding sustainable work environments. At TPG we view high-performance building as more than just being good for the environment but rather something that has a direct and positive impact on our investment returns, stock performance, and competitiveness in the marketplace.
High Performance Green Fund: We are actively raising private equity for our High Performance Green Fund, one of the few such funds of its kind. The fund will invest only in high-performance projects including new developments, as well as existing buildings that can be upgraded into high-performance properties.
Energy Star Portfolio Partner: As an Energy Star Portfolio Partner TPG is benchmarking all of our properties with Energy Star. Our average energy star score shows that our portfolio of properties is outperforming the national average by 34%. The TPG portfolio average score = 84 (out of 100).
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Member of the USGBC and LEED EB Portfolio Pilot Program: TPG has been a member of the USGBC since 2003 and is a participant in the exclusive LEED-EB Portfolio Pilot program. TPG is pursuing LEED-EB Certification for 34 properties nationwide. Standards for LEED-EB will help ensure that facilities meet TPG’s sustainability objectives across the portfolio. Portfolio analysis helps identify opportunities for internal improvements (e.g., savings in operating costs and GHG emissions).
Our management group is constantly pursuing low-cost operational improvements that increase efficiency and reduce carbon emissions.
Additionally TPG's Sustainability Manager represents our company on the Board of Directors for the USGBC-LA Chapter. We believe that this type of involvement in the green building community demonstrates and fosters our commitment to LEED and sustainability.
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Measuring our Carbon Footprint: TPG is the first major real estate company to join the California Climate Action Registry, a non-profit private partnership that serves as a voluntary greenhouse gas (GHG) registry to protect, encourage, and promote early actions to reduce GHG emissions. TPG is taking steps to voluntarily measure and report its company-wide emissions. TPG believes that measuring our footprint will: (1) assist in managing risk, (2) prepare for trading, (3) show environmental leadership, (4) demonstrate action on GHG emissions, and assist with (5) staying ahead & preparing for upcoming regulations.
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California Sustainability Alliance - Green Buildings Pilot Advisory Committee: The California Sustainability Alliance is designed to help
meet the State’s aggressive energy, climate and other resource and environmental goals. TPG was invited as an expert to represent our market sector, discuss challenges and provide on-going advice and support with the goal of precipitating widespread voluntary adoption
of sustainability. TPG helped develop the Green Leases Toolkit that
is receiving national interest.
The California Sustainability Alliance recently honored TPG with the 2008 Excellence in Sustainability Showcase Award.
To view the press release - click here.
To view TPG’s Sustainability Showcase – click here.
NAREIT Leader in the Light Award Recipient – TPG was honored and awarded silver level recognition for excellence in energy efficiency in 2008 by The National Association of Real Estate Investment Trusts® (NAREIT®) in collaboration with Energy Star®, for demonstrating superior and sustained energy use practices. The ‘Leader in the Light’ award recognizes company-wide operations which generate substantially improved energy efficiency and expense management. |
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LEEDing the Way With CalEPA: TPG is the developer and operator of the award-winning one million square foot CalEPA Headquarters in Sacramento, the first high rise in the country to receive USGBC’s LEED-EB Platinum Certification. The building’s state-of-the-art green practices save over $1.4 million annually in operational costs for its tenant, the State of California. This high-performance property has an Energy Star Score of 99 (out of 100).
   
- CalEPA
Sacramento CA
LEED EB Platinum
Size: 950,000 sf
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- MetroStudio@Lankershim
Los Angeles CA
Target. LEED NC Gold
Size: 1.47 Million sf
| Campus El Segundo
El Segundo CA
Pre-Certified LEED CS Gold
Size: 1.925 Million sf
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Four Points Centre
Austin TX
LEED CS Gold
Size: 1.66 Million sf
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