New York (March 26, 2024) – BGO has been awarded the 2024 ENERGY STAR® Partner of the Year—Sustained Excellence Award for the 14th consecutive year. The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy’s “Partner of the Year” award is the highest level of EPA recognition, demonstrating BGO’s exemplary commitment and dedication to leadership in energy efficiency across its global real estate portfolio.
Through BGO’s energy management programs, the firm successfully implemented efficiency measures that saved the equivalent of 50 million kWh of electricity, avoiding $4.8M in utility costs.
“We are honored to be consistently recognized by the EPA and the Department of Energy for our commitment and meaningful results in driving energy efficiency and climate resilience across our portfolio, reducing our environmental impact and enhancing value for our tenants and investors,” said Ailey Roberts, Global Head of Sustainable Investing, BGO. “Our longstanding leadership in this space has been powered by our early conviction that our sustainable investing approach — and ultimately our Net Zero commitment — are integral to our fiduciary responsibility to our investors through both value creation and risk mitigation.”
BGO achieved ENERGY STAR certification for 48 buildings across its office, industrial, and multifamily residential portfolios. BGO’s ENERGY STAR certified properties demonstrated energy performance in the top quartile of their peers in Canada and the United States.
Each year, the ENERGY STAR program honors a select group of businesses and organizations that have made outstanding contributions to energy efficiency and the transition to a clean energy economy. ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies. These efforts have saved more than 5 trillion kilowatt-hours of electricity over the past 30 years.
BGO is a leading, global real estate investment management advisor, real estate lender, and a globally recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $83 billion USD of assets under management (as of December 31, 2023) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 27 cities across thirteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets.
BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
The assets under management shown above includes real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment.
For more information, please visit www.bgo.com.
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations rely on their partnership with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR and its partners helped American families and businesses avoid more than $500 billion in energy costs and achieve more than 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR’s impacts can be found at www.energystar.gov/impacts
Media Contact
Rahim Ladha
Global Head of Communications, BGO
media@bgo.com