November 7, 2007

Stop & Shop, Giant Participate In LEED Portfolio Pilot

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The Stop & Shop Supermarket Company of Quincy, MA, and its sister company, Giant Food of Landover, MD, are participating in the US Green Building Council Portfolio Program pilot for LEED volume certification for existing buildings.

They are the only supermarket chains in the country to be involved.

“Our acceptance into this pilot, recognizes Stop & Shop and Giant’s strong environmental leadership and innovation and our early commitment to and success in developing and operating green and energy efficient stores,” said Stop & Shop and Giant president and CEO, Jose Alvarez.

The USGBC Portfolio Program is a pilot program that enables owners to integrate the LEED green building rating system into new and existing buildings in their company’s portfolio. Participants in the pilot program represent a cross section of market sectors, including institutional investors, financial institutions, hoteliers, retailers, higher education, governments and corporations. The USGBC Portfolio Pilot Program is currently closed and expects to be open to the market in 2008.

In July, Stop & Shop, which runs 389 stores in the Northeast, made its first REC buy, offsetting 100 percent of its electricity use at a new store in Kennebunk, Maine.

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