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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.
- ◦Economy
