SAN ANTONIO, April 26, 2017 /PRNewswire/ -- USAA Real Estate Company ("USAA RealCo") has been named a 2017 ENERGY STAR Partner of the Year – Sustained Excellence Award winner for its continued leadership in protecting the environment through superior energy efficiency achievements. The company's long-standing energy conservation recognitions by Energy Star, which exceed those of any other real estate company, will be announced by the U.S. Environmental Protection Agency and the U.S. Department of Energy in Washington, D.C. today.
An ENERGY STAR partner since 2003, USAA RealCo will be honored for its long-term commitment to energy efficiency and its continuous achievements in the reduction of energy and water consumption.
"We are honored to receive the prestigious ENERGY STAR Partner of the Year – Sustained Excellence Award for the 15th consecutive year," said Len O'Donnell, Chief Executive Officer of USAA Real Estate Company. "Our business case for sustainability is to invest capital that efficiently meets the needs of our tenants and helps to preserve our environment, while creating value and producing strong financial results for our investors."
Last year, USAA RealCo earned 29 new ENERGY STAR labels. The company's various funds have also been separately recognized, with three of them receiving "Green Stars" from the Global Real Estate Sustainability Benchmark and rankings in the top 10 for sustainability achievement in their individual categories.
In 2015 alone, ENERGY STAR and its partners saved American businesses and consumers 503 billion kilowatt hours and $34 billion dollars on their energy bills, while achieving broad emission reductions.
The 2017 Partner of the Year – Sustained Excellence Award is bestowed upon a diverse set of organizations that have demonstrated continued leadership in energy efficiency. Winners hail from small, family-owned businesses to Fortune 500 organizations – representing energy-efficient products, services, new homes, and buildings in the commercial, industrial, and public sectors.
For a complete list of 2017 winners and more information about ENERGY STAR's awards program, visit www.energystar.gov/awardwinners.
About USAA Real Estate Company
USAA Real Estate Company, with over $17 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors and arranges commercial mortgage loans on behalf of affiliates. The portfolio consists of office, industrial/logistics, multifamily, retail and hotel properties. USAA Real Estate Company is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, please visit www.usrealco.com.
About ENERGY STAR
ENERGY STAR has 16,000 partners working to protect the environment through greater energy efficiency, including manufacturers, retailers, public schools, hospitals, real estate companies, and home builders. Since 1992, ENERGY STAR and its partners have saved American families and businesses $430 billion on their energy bills and 4.6 trillion kilowatt-hours of energy, while achieving broad emissions reductions—including 2.8 billion metric tons of greenhouse gas emissions.
ENERGY STAR® is the simple choice for energy efficiency. For 25 years, EPA's ENERGY STAR program has been America's resource for saving energy and protecting the environment. Join the millions already making a difference at energystar.gov.
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SOURCE USAA Real Estate Company