June 1, 2007

CB Richard Ellis Wants To Be Carbon Neutral By 2010

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CB Richard Ellis Group has set a goal to become carbon neutral by 2010 and a plan to assist clients with energy efficiency programs at the 1.7 billion square feet of building space that the company manages.

The company also said that it is working closely with the Natural Resources Defense Council to introduce new energy saving measures at client-owned and -occupied properties. Working with both owners and tenants, the company expects to engage its clients in discussions about environmental issues with a goal of implementing energy saving technology and practices at the vast majority of its clients’ properties and corporate facilities.

Energy use in buildings is responsible for 40 percent of U.S. global warming emissions, according to NRDC.

At the facilities it occupies, the company expects to achieve its goal of carbon neutrality by 2010 through a combination of energy savings, more efficient space utilization, carbon emissions reductions and, if necessary, through investments in carbon offsets.

In addition, the Company recently registered its new Washington, D.C. office with the U.S. Green Building Council’s LEED for Commercial Interiors program, and expects to be awarded Gold status.

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