Hines Releases Inaugural Sustainability Report
(HOUSTON) – Hines, the privately held international real estate firm, announced today the release of the firm’s first ever Sustainability Report. The comprehensive report provides a detailed review of Hines’ environmental, social and governance performance, compiled in accordance with the Global Reporting Initiative (GRI).
Hines has long been a leader in sustainable design and in promoting sustainability programs around the world. The firm partners with multiple institutions to identify best-operating practices and cutting-edge technologies in order to stay in the forefront of building operations, including: ENERGY STAR®; ULI Greenprint Center for Building Performance; and the USGBC. Internationally, Hines was a founding member of the German Sustainable Building Council and the Russian Green Building Council, and is active in the Green Building Council Brasil, the Green Building Council España, the Green Building Council Italia, the Indian Green Building Council, the BRE Environmental Assessment Method program in the United Kingdom and the Haute Qualité Environnementale program in France.
As of December 31, 2011, Hines has 403 green-certified buildings worldwide; including 177 ENERGY STAR-labeled buildings and 189 LEED certified or registered assets.
“Sustainability has been a focus of the firm for more than 50 years, and now has an expanded meaning that incorporates not only environmental issues but also social and governance policies and procedures,” said Hines President and CEO Jeff Hines. “Our sustainability program is constantly evolving, and our inaugural Sustainability Report communicates our current initiatives in these areas, as well as our long-term commitment to sustainability.”
“We organized the report in alignment with the key areas of our business: investment; sustainable development; and property management and engineering. In addition, we included sections on our communities and our employees. We set as a priority to address all of Hines’ stakeholder groups worldwide through this report, in order to give them a greater understanding of the Hines organization, our significant achievements in sustainability and our objectives for continuous improvement going forward,” said Gary Holtzer, Hines’ global sustainability officer.
Hines’ Sustainability Report can be viewed at: www.hines.com/Sustainability Report.
Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,192 properties representing more than 482 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in 110 cities in 18 countries, and controlled assets valued at approximately $22.9 billion, Hines is one of the largest real estate organizations in the world. Visit www.hines.com for more information. To learn more about sustainability at Hines, visit www.hines.com/sustainability.