Leading industry associations recognize the value of ENERGY STAR and are encouraging their members to adopt an energy efficiency strategy that enhances business and environmental performance. The following industry associations have endorsed and partnered with ENERGY STAR, thereby communicating to their members their belief that improved energy performance in commercial real estate can increase net operating income and enhance asset and shareholder value.
Building Owners and Managers Association International is a premier network of over 18,000 commercial real estate professionals. BOMA has encouraged building owners and managers to take voluntary steps to reduce energy consumption in their office buildings, where such improvements increase profitability and competitiveness. In addition, BOMA members are encouraged to consider participating in the ENERGY STAR program and utilize the EPA’s information, technical guidance, and planning support.
NAREIT is the national trade association for over 2,000 real estate investment trusts (REITs) and other businesses that own, operate and finance income-producing real estate, as well as those firms and individuals who advise, study and service these businesses. Several dozen NAREIT members participate in ENERGY STAR. NAREIT encourages its members to participate in ENERGY STAR to minimize operating expenses and maximize shareholder value.
CEOs and top executives of real estate organizations speak with one voice to the nation’s leaders through the Real Estate Roundtable. The Roundtable is where CEOs of the nation’s top public and privately-held real estate ownership, development, lending and management firms work together with the top executives of major national real estate trade associations to focus on real estate issue areas, coordinate action plans, and advocate policies beneficial to the nation’s economic and environmental health. The Real Estate Roundtable collectively addresses key federal policy issues such as capital and credit availability, environmental regulation, taxation and technology. Energy and the environment are key issues that members of the Roundtable work on, including participation in the ENERGY STAR. Collectively, Roundtable members hold portfolios containing over 2.5 billion square feet of developed property valued at more than $250 billion. Participating trade associations represent more than 1 million people involved in virtually every aspect of the real estate business.
The Society of Office and Industrial Realtors is an international association of commercial real estate professionals who have been certified with the SIOR designation (Specialist, Industrial and Office Real Estate). SIOR designees are "the professional’s professionals" in commercial real estate. The Society enforces a strict code of ethics and requires designees to recertify every three years. SIOR formed a strategic partnership with ENERGY STAR and now includes ENERGY STAR training as part of member recertification.