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2017 SUSTAINABILITY NEWSLETTER | ISSUE #03

Welcome to the third issue of the GID Sustainability Newsletter. This newsletter highlights GID and Windsor Communities recent sustainability achievements as well as updates on our existing sustainability programs. 

To learn more about our sustainability program, please visit the sustainability site, or contact the team at sustainability@gid.com.

2017 GRESB SURVEY RESULTS

In June, we submitted GID’s first response to the Global Real Estate Sustainability Benchmark, or GRESB, to measure the performance of our sustainability program against our peers. This year, over 850 real estate firms, REITs, funds, and developers submitted to GRESB, as the real estate industry advances in Environmental, Social and Governance (ESG) reporting. We are proud to announce that GID ranked 4th of 26 in the US, Residential, Non-listed category. Additionally, GID ranked 7th  of 80 in the global residential peer group, a testament to our progress on an international scale. GID was awarded 4 Green Stars, representing excellence in sustainable real estate in the multifamily sector.

GID'S FIRST ANNUAL SUSTAINABILITY REPORT

We are also excited to announce the first annual publication of GID’s 2016-17 Sustainability Report. Our first Sustainability Report highlights the progress and achievements of our sustainability program during 2016 across three core categories: Environmental, Social and Governance (ESG). The report also details our environmental initiatives and upgrades, social programs and volunteer efforts, and corporate governance structure. Also featured are our portfolio-wide reduction targets, progress on green building certifications, and case studies. Overall, the report supports our mission of leveraging our investment, development and management expertise to enhance the communities in which we invest, live and operate.

Download the report here.

 

SUSTAINABILITY INITIATIVES: SOLAR & LIGHTING

Sustainability is a continuous process that requires optimization at every level throughout our communities. We’re consistently looking for opportunities to increase energy efficiency, reduce our impact and generate clean energy. To that end, GID is in the process of adding solar energy systems in two communities in Massachusetts: Windsor at Cambridge Park and Windsor at Maxwell’s Green. We’re also working on LED lighting retrofits across our portfolio to reduce maintenance costs and electricity use while improving the quality of lighting. 

ENERGY STAR PARTNER

GID recently became an official Partner of the EPA’s ENERGY STAR program. As an ENERGY STAR Partner, GID joins over 35% of Fortune 500 companies who are working to improve financial value, boost their bottom line, and manage risk by improving their portfolios energy performance through ENERGY STAR. In total, more than 6,000 organizations are working with the EPA and ENERGY STAR to improve the energy performance of their properties. Currently, 100% of GID's portfolio is benchmarked in ENERGY STAR's Portfolio Manager platform to measure our reductions as we implement new initiatives. To learn more about the ENERGY STAR program, click here.

BUILDING RESILIENCE 

Harvey. Irma. Maria. Nate. Without a doubt, 2017 has proven to be a devastating year with natural disasters such as powerful storms, fires, and hurricanes throughout the United States. It’s becoming increasingly more important to understand these risks from a regional perspective and implement adaptation strategies accordingly. Building resilience planning requires property managers and owners to adapt the fixed, long-term nature of real estate to the potential health and financial risks of natural disasters.  

Our Climate Change and Resiliency Guide outlines strategies to safeguard against extreme weather conditions and natural disasters. 

Click here to learn more about resiliency strategies, risk mitigation, and how you can safeguard your assets and people from future uncertainties.

LEED GREEN ASSOCIATE & EDUCATIONAL RESOURCES

A free, online training for the LEED Green Associate exam is available to all GID employees through Verdani Partners. Please send an email to sustainability@gid.com to receive registration instructions along with the free promotional code for GID employees.

Additional sustainability training materials should be available soon including the following topics: Sustainable Sites, Water Efficiency, Energy Efficiency, Waste Management, Indoor Air Quality, Tenant Engagement, and much more!

GREENBUILD BOSTON 2017

Greenbuild is the world’s largest green building conference and is coming to the Boston Convention Center November 8th through the 10th. The three-day event brings together industry leaders, experts, and professionals dedicated to sustainable buildings. With over 200 educational sessions and workshops, there are plenty of opportunities to learn about the latest and greatest in the green building industry. More information is available here

RECENT INDUSTRY HIGHLIGHTS

Copyright ©GID 2017 , All rights reserved.

Questions? Comments? We would love to hear from you. 
sustainability@gid.com

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