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Highwoods Selected as 2022 Green Lease Leader

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Highwoods Properties, Inc. (NYSE:HIW) has been recognized as a 2022 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy. This accolade is awarded for adherence to national standards for sustainable leasing, reflecting efforts in energy efficiency and environmental stewardship. Highwoods achieved Silver Recognition for implementing best practices like utility data tracking and sustainability training. CEO Ted Klinck emphasized the company's commitment to ESG as integral to its mission, aiming to deliver long-term value for both shareholders and stakeholders.

Positive
  • Recognized as a 2022 Green Lease Leader, enhancing corporate reputation.
  • Achieved Silver Recognition for energy efficiency and sustainability, showcasing commitment to ESG.
  • Implemented best practices in utility data tracking and sustainability training, potentially leading to cost savings and efficiency.
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RALEIGH, N.C., May 18, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has been selected as a 2022 Green Lease Leader today by The Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Building’s Alliance.

Launched in 2014, Green Lease Leaders set national standards for what constitutes a green lease, while recognizing landlords and customers who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality and sustainability in buildings. The Company has achieved Silver Recognition for our efforts to actively create resilient portfolios that support customers and communities to prosper and achieve together what they cannot apart. To receive this recognition, Highwoods qualified for credits in energy efficiency and sustainability best practices such as utility data tracking and sharing, cost recovery for capital improvements and sustainability training.

Ted Klinck, President and CEO, stated, “We are pleased to announce our Green Lease Leader recognition. For us, ESG is not a separate initiative. It is part of our mission to build a resilient and enduring business that delivers long-term value for our shareholders and stakeholders. We believe doing our part in building resilient communities that strengthen the connection between people and the places we share is core to our work-placemaking business. We are proud of the progress we have made and look forward to building on our achievements in the years ahead.

Highwoods previously published its 2021 Corporate Resiliency Report, which highlights the Company’s ESG initiatives. A copy of the report can be accessed on the Company’s website at www.highwoods.com or by clicking the link below.

HIW 2021 Corporate Resiliency Report

About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.  For more information about Highwoods, please visit our website at www.highwoods.com.

Contact: Brendan Maiorana
  Executive Vice President and Chief Financial Officer
  brendan.maiorana@highwoods.com
  919-872-4924

        


FAQ

What recognition did Highwoods Properties receive in 2022?

Highwoods Properties was recognized as a 2022 Green Lease Leader.

What is the significance of the Green Lease Leader recognition for HIW?

The recognition highlights HIW's commitment to energy efficiency and sustainability in leasing practices.

Which organization awarded Highwoods the Green Lease Leader status?

The Institute for Market Transformation and the U.S. Department of Energy awarded the status.

What is the Silver Recognition achieved by Highwoods Properties?

Silver Recognition was awarded for implementing best practices in energy efficiency and sustainability.

How does Highwoods Properties integrate ESG into its business model?

Highwoods integrates ESG as part of its mission to build a resilient and enduring business focused on long-term stakeholder value.

Highwoods Properties Inc.

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REIT - Office
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United States of America
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