JBG SMITH Achieves Carbon Neutrality Across Portfolio
JBG SMITH said Tuesday it had achieved carbon neutrality across its entire 16.1-million-square-foot operating portfolio. Building on this accomplishment, the Bethesda, MD-based owner/developer intends its properties to maintain carbon neutral operations annually, allowing the company to reduce its environmental footprint while also supporting the development of renewable energy technologies.
“Achieving carbon neutrality across our operating portfolio provides JBG SMITH with a strong and compelling competitive advantage,” said Matt Kelly, CEO of JBG SMITH. “Our office, residential, and retail customers increasingly demand this from their real estate space and service partners, and our investors expect that we are doing all that we can to address this looming and critical threat.
‘Our collective actions over the next decade are essential in offsetting the current carbon emission trajectory and, through sustainable best practices, JBG SMITH remains committed to positively impacting the communities we serve at every level,’ he continued.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).