BOMA San Diego, the leading voice in the local commercial real estate industry, is a proponent of making commercial buildings more energy efficient and has rolled out its BOMA STARS campaign to help its members achieve this goal.
The BOMA STARS campaign encourages members to: submit data to Energy Star Portfolio Manager; track progress over time through benchmarking; assess energy performance and take steps to reduce consumption; rate performance by achieving an Energy Star rating; and share data with BOMA International and achieve recognition as one of the BOMA STARS.
A critical step in this process is “portfolio benchmarking,” using the U.S. Environmental Protection Agency’s Energy Star Portfolio Manager. This is an interactive management tool that allows for tracking and assessing energy and water consumption across entire portfolios of buildings in a secure online environment.
Those who share their energy management data with BOMA International help highlight the industry’s commitment to reducing greenhouse gas emissions. BOMA uses this data to track the progress of the commercial real estate industry in order to demonstrate the effectiveness of the voluntary marketplace. This allows the organization to demonstrate how energy consumption can be reduced outside a regulatory framework.
Already, 13 BOMA San Diego member companies have participated in the BOMA STARS program, including: A.O. Reed & Company; Cambridge Health Center of San Diego; CB Richard Ellis; Cushman & Wakefield; General Services Administration; Hines; Kilroy Realty Corporation; LBA Realty; Maguire Properties; Meissner Jacquet Investment Real Estate Services; PM Realty Group; SENTRE Partners; and Union Bank.
“As elementary school kids, we all enjoyed being rewarded with gold stars, simple as the concept is,” said Audrey Doherty, executive director of BOMA San Diego. “We never lose the feeling that comes with being recognized for success. BOMA STARS allows us to highlight commercial real estate’s significant strides towards reducing energy consumption. And, it is working. More than 1,400 buildings have become BOMA STARS since the program launched.”
Participating in the BOMA STARS campaign allows members to: demonstrate to policymakers that a voluntary marketplace is working; understand buildings’ energy consumption; be confident that the building’s data is secure as only aggregate data will be reported; improve energy management and increase NOI (net operating income); and join the movement for market transformation because it makes sound business sense.
For more information about the BOMA STARS program and how you can participate, visit bomasd.org.