(HOUSTON) – Hines, the privately held international real estate firm, announced today the release of the firm’s fourth Sustainability Report. The comprehensive annual report, which can be viewed at http://hinessustainability.com/, provides a detailed review of Hines’ environmental, social and governance performance, compiled in accordance with the Global Reporting Initiative (GRI).
The new report focuses on the firm’s guiding principle that “people are our most valuable asset” and celebrates individuals who are leading the way for sustainability in their regions, their offices and properties, and within their communities.
“As we publish this fourth sustainability report, I am proud to say that, for more than half a century, Hines has championed sustainable practices and technologies, proving time and again, that a sustainable approach to real estate makes good business sense and creates better places for people,” said Hines President and CEO Jeff Hines.
Gary Holtzer, Hines senior managing director and global sustainability officer, added, “Behind every one of our ideas and actions are individuals who feel passionately about real estate, the communities in which we work, the investors and clients we serve and, most importantly, about being the best real estate professional he or she can be. That is why the focus of this report is the people of Hines.”
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, 2014, Hines has 416 green-certified buildings worldwide; including 182 ENERGY STAR-labeled buildings and 198 LEED® certified or registered assets.
Hines is a privately owned global real estate investment firm founded in 1957 with locations in 185 cities in 19 countries. Hines has $84.9 billion of assets under management, including $42.7 billion for which Hines provides fiduciary investment management services, and $42.2 billion for which Hines provides third-party property-level services. In 2014, Hines completed over $8 billion in transactions on behalf of its investment management clients. The firm has 104 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired more than 1,000 properties, totaling over 339 million square feet. The firm’s current property and asset management portfolio includes 511 properties, representing over 176 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.