PARSIPPANY, N.J., Nov. 16, 2015 /PRNewswire/ -- Wyndham Worldwide (NYSE: WYN), one of the world's largest hospitality companies, has N.J.'s most energy efficient office building. The Company earned 99 out of 100 for the U.S. Environmental Protection Agency's (EPA's) ENERGY STAR rating for its corporate headquarters offices at 14 Sylvan Way in Parsippany, N.J., and is the state's highest ranked building in 2015*. In addition, its 22 Sylvan location earned 98 out of 100, a distinction it shares with just one other office building in the state. This achievement also places its corporate offices among the top three percent of the most efficient buildings in the nation.
"At Wyndham Worldwide, we're consistently developing eco-friendly initiatives across our businesses," said Frank Campana, senior vice president, corporate real estate and facilities, Wyndham Worldwide. "We are committed to exploring and implementing innovative environmental practices, not only for our hospitality portfolio, but also for our corporate offices, as this effort reduces costs, fosters the efficient use of resources and supports profitability. Being green is literally 'built in' to Wyndham Worldwide and a critical piece of our company-wide strategy; our campus headquarters is the ultimate symbol of that."
Buildings that earn EPA's ENERGY STAR certification use an average of 35 percent less energy than typical buildings and also release 35 percent less carbon dioxide into the atmosphere. Wyndham Worldwide improved its energy performance by managing energy strategically across the entire organization and by making cost-effective improvements to its buildings. The Company just announced that it reached its carbon emissions goal six years ahead of schedule, and achieved a 20 percent reduction in carbon emissions (measured on a per square foot basis), well-surpassing its goal, which was a 20% reduction by 2020. The Company also announced a new goal, to reduce total carbon emissions by 25 percent by 2025.
The Company's energy usage is tracked through the EPA's ENERGY STAR online tool. To achieve the ENERGY STAR rating, Wyndham Worldwide upgraded its lighting systems and overall operations, including:
- Operating on 100 percent wind power that the Company purchases from a third party provider;
- Installing ENERGY STAR certified equipment throughout the buildings, including the televisions in the lobby to the cooking equipment in the kitchen;
- Undergoing a major LED lighting retrofit and upgrading lights in the parking lots, open spaces, dining areas, and building areas. Additionally, motion sensors were installed to control more than 250 light fixtures.
- Utilizing building technology to collect and analyze operating data to measure and track operating efficiency.
New Jersey-based organization recognizes Company's commitment to sustainability Additionally, the Company was recently named one of New Jersey's Smart Workplaces by TransOptions for leading the way in alternative transportation options for employees. Wyndham Worldwide was recognized for its outstanding achievements in implementing programs that provide and promote commuting alternatives for its associates, such as its shuttle bus to and from the Morris Plains train station and its New Jersey Transit bus stop at its corporate office location, thus reducing traffic congestions and improving air quality.
As part of its overall Corporate Social Responsibility (CSR) strategy, Wyndham Worldwide consistently aligns its business and financial performance with the responsible way it operates by maintaining its investment and focus on such areas as sustainability, diversity, human rights, wellness and philanthropy. By holistically integrating Corporate Social Responsibility (CSR) into its business, the Company has grown as a responsible corporate citizen that consistently delivers results as one of the best performing hospitality companies in the world.
ENERGY STAR was introduced by EPA in 1992 as a voluntary, market-based partnership to reduce greenhouse gas emissions through energy efficiency. Today, the ENERGY STAR label can be found on more than 65 different kinds of products, 1.4 million new homes, and 20,000 commercial buildings and industrial plants that meet strict energy-efficiency specifications set by the EPA. Over the past twenty years, American families and businesses have saved more than $230 billion on utility bills and prevented more than 1.8 billion metric tons of greenhouse gas emissions with help from ENERGY STAR.
*Rating as identified and certified as of November 16, 2015 according to www.energystar.gov.
About Wyndham Worldwide One of the world's largest hospitality companies, Wyndham Worldwide (NYSE: WYN) provides a wide range of hospitality services and products through its global portfolio of world-renowned brands. The world's largest hotel company based on the number of properties, Wyndham Hotel Group is home to many of the world's best-known hotel brands, with approximately 7,760 franchised hotels and approximately 672,000 hotel rooms worldwide. Wyndham Exchange & Rentals is the worldwide leader in vacation exchange and the world's largest professional manager of vacation rentals, providing more than 5 million leisure-bound families annually with access to over 110,000 vacation properties in over 100 countries through its prominent exchange and vacation rental brands. The industry and timeshare ownership market leader, Wyndham Vacation Ownership develops, markets, and sells vacation ownership interests and provides consumer financing to owners through its network of over 210 vacation ownership resorts serving approximately 900,000 owners throughout the United States, Canada, Mexico, the Caribbean, and the South Pacific. Based in Parsippany, NJ, Wyndham Worldwide employs over 34,000 associates globally.
For more information, please visit www.wyndhamworldwide.com.
SOURCE Wyndham Worldwide