Hudson Pacific Properties has been named a U.S. office leader in sustainability by the Global Real Estate Sustainability Benchmark (GRESB). The company earned the “Green Star” designation and the highest five-star rating for exceptional environmental, social and governance (ESG) performance.
“We are thrilled to have our sustainability efforts recognized with the highest five-star GRESB rating,” said Natalie Teear, VP of Sustainability and Social Impact. “This honor reflects our execution of sustainable best practices across our portfolio, as well as our commitment to adding value for tenants, shareholders, employees and the community.”
Each year, GRESB assesses and benchmarks the ESG performance of real estate assets worldwide and monitors the sector’s progress towards global sustainability goals. Widely recognized as the standard for measuring sustainability performance, GRESB provides validated ESG data to the capital markets. The 2019 real estate benchmark covers more than 1,000 property companies, real estate investment trusts (REITs), funds and developers.