Honor for superior sustainability practices further demonstrates industry leadership in ESG
LOS ANGELES, November 17, 2022--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the National Association of Real Estate Investment Trusts (Nareit) selected Hudson Pacific as a joint recipient of the 2022 Office Leader in the Light Award—the organization’s highest sustainability achievement for office and other property sector REITs.
Hudson Pacific is widely recognized for its industry leadership in sustainability, including most recently ranking #1 out of 96 office companies in the Americas in GRESB’s 2022 Real Estate Assessment. In 2020, the company was one of the first major real estate organizations to achieve 100% carbon neutrality across all operations. Hudson Pacific’s in-service office portfolio is 82% LEED, 71% ENERGY STAR and 33% Fitwel certified, and the company was named an ENERGY STAR Partner of the Year for the fourth year in a row. Hudson Pacific recently completed a $350 million green bond offering to finance Eligible Green Projects such as green buildings, renewable energy, energy efficiency and/or clean transportation.
"Receiving Nareit’s Leader in the Light award is a great honor and a testament to our entire organization’s commitment to sustainability," said Natalie Teear, Senior Vice President, Innovation, Sustainability and Social Impact for Hudson Pacific. "Sustainability is a cornerstone of Hudson Pacific’s broader strategy to attract leading tenants in this dynamic office environment, and we are thrilled to continue to innovate and lead our industry in this important area."
About Hudson Pacific Properties
Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. For more information visit HudsonPacificProperties.com.
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