Nuveen Real Estate
New York,
New York
Partner of the Year - Sustained Excellence - Energy Management
Nuveen Real Estate is a real estate investment management firm. Nuveen has demonstrated outstanding energy management across its portfolio, expanded on its decarbonization planning, and maintained its dedication to ENERGY STAR®. Key 2023 accomplishments include:
- Achieving ENERGY STAR certification for 116 properties.
- Releasing Net Zero Carbon Sector Guides, which categorize energy and carbon reduction strategies for a specific property type and climate region, instructing all eligible properties to budget for ENERGY STAR certifications in 2024.
- Collaborating with third-party property managers to circulate quarterly newsletters with a toolkit for tenants that included ENERGY STAR Rebate Finder and promoted ENERGY STAR certified buildings by displaying their plaques in a space accessible to all tenants and staff.
- Developing a more comprehensive sustainability due diligence checklist, which includes 36 new data points related to energy, water, resilience, and ENERGY STAR certification.
- Committing to achieving a net-zero carbon portfolio by 2040 and setting an interim target of capturing 80% of tenant utility data by 2030.
- Embedding ENERGY STAR in internal investment decision-making and operations, including the acquisition process, due diligence, underwriting, and business planning.
