Lend Lease Achieves Better Buildings Challenge Goal for Greater Energy Efficiency

NASHVILLE, Tenn., June 1, 2015 /PRNewswire/ -- Today the Energy Department recognized Lend Lease (US) Public Partnerships as a goal achiever in the Better Buildings Challenge. Lend Lease has exceeded its goal of 20 percent energy savings, and has achieved 26 percent savings five years ahead of schedule. As a result the organization has saved over 877,967,910 kBTUs and 177,426 metric tons of greenhouse gas emissions. Lend Lease is one of eleven goal achievers announced this year for meeting its goal ahead of schedule. Since President Obama launched the Better Buildings Challenge in 2011, over 250 partners have saved $840 million and saved 94 TBTUs of energy which represents 6 million tons of greenhouse gas emissions. 

"Our partnership through the Better Buildings Challenge has helped further our focus on sustainability and energy efficiency solutions and positioned us to achieve outstanding results. This is a true testament to our global Sustainability Framework in action," said James Stawniczy, Regional Head of Sustainability Americas.

"The DoE provided world class support and access to a network of industry leading experts. This allowed our team to create innovative solutions to drive residential energy savings programs that enhanced our operations while actively engaging our stakeholders," said Marc Sierra, Managing Director Lend Lease Public Partnerships.

"The Better Buildings Challenge has been a catalyst in developing our ability to commit to energy reduction targets for our portfolio, and for our clients, backed by our execution track record and know-how to go above and beyond towards even more ambitious energy goals.  Lend Lease's energy development business is delivering clean, reliable and affordable energy solutions that holistically incorporate turn-key guaranteed demand-side reduction with surety of supply side generation.    Our integrated approach combines distributed generation solutions with energy conservation measures and smart building energy management systems.  Beyond the impressive technical engineering outcomes, we have been positively surprised by the impact from resident behavioral changes through real-time energy awareness," said Craig Carson, General Manager, Energy Development.

Energy savings across the portfolio have been achieved through a focused combination of demand load reduction and solutions generation.  Improvements include green retrofits of legacy homes (air sealing, insulation, etc.), enhanced design of new builds to meet LEED Silver standards, procurement of more energy efficient appliances, and commitment to renewable energy solutions like solar panel arrays and solar thermal water heating systems.  Also, a focused resident energy education and awareness program, part of utility billing, coupled with a new Building Energy Management System (BEMS) installed in homes has helped reduce consumption.

"As the Better Buildings Initiative enters its fourth year, leaders continue to showcase how saving energy saves money, creates jobs, and most importantly accelerates the nation's competitiveness in the clean energy economy while preserving our environment for generations to come," said Energy Secretary Ernest Moniz.

Read more about Better Buildings Challenge partner results, showcase projects and innovative solutions being shared with others in the 2015 Progress Report.

As Lend Lease continues to make progress and share successes and results, the Energy Department is profiling partner solutions and making more resources available to U.S. businesses and states and local governments and school districts with the launch of a Better Buildings Solution Center. The Solution Center is an online tool designed to help organizations explore the solutions tested and proven by partners. For a detailed progress report on the Better Buildings Challenge, visit: betterbuildingssolutioncenter.energy.gov.

About Lend Lease
Lend Lease is a leading international property and infrastructure group. Listed on the Australian Securities Exchange and with circa 13,200 employees worldwide (June 2014), the firm's capabilities span the property and infrastructure spectrum.

In the US, Lend Lease's public partnership business is the nation's leader in public/private community development. With a focus on creating sustainable value, Lend Lease creates communities that regenerate our environment, enrich people's lives and foster economic growth.  Lend Lease has worked extensively with the Department of Defense through the Military Housing Privatization Initiative (MHPI), a program that provides for the transfer of military housing assets to private sector companies. With over 40,000 residential units, 192 apartments and more than 11,600 hotel rooms in its portfolio, Lend Lease will finance, develop, build, renovate and operate these sites for at least 50 years. 

We create innovative and sustainable property solutions, forging partnerships and delivering maximum benefits to clients, investors and communities.  Safety is our number one priority and Lend Lease is committed to operating Incident & Injury Free wherever we have a presence.

www.lendlease.com

SOURCE Lend Lease

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