IREM Launches 3-Part Sustainability Program

The Institute of Real Estate Management launched IREM Sustainability, a new program open to the industry at large to help property managers and other practitioners strive for efficient buildings, enhance financial performance, increase property values and make a positive environmental impact.
Greenblatt

Joseph Greenblatt, IREM president

The Institute of Real Estate Management launched IREM Sustainability, a new program open to the industry at large to help property managers and other practitioners strive for efficient buildings, enhance financial performance, property values and make a positive environmental impact.

IREM Sustainability is comprised of three integrated parts: a web-based platform, a challenge competition, and a new property–level certification.

“IREM is committed to serving all industry practitioners with products, programs and services that help them address their day-to-day challenges while adding value to their companies and the properties they manage,” Joseph Greenblatt, IREM’s president, said in an organizational release. “IREM Sustainability is a prime example of that commitment, one that will yield benefits for all program participants, their constituencies and properties and, of course, our shared environment.”

The web-based platform is designed to provide energy and sustainability management tools that give practitioners free and immediate access to a great deal of information that makes it easy for them to take action. Those using the platform will be able to profile their buildings, find savings opportunities and connect with qualified contractors, product manufacturers, and projects finance companies that can assist them in moving forward.

The IREM Sustainable Property Challenge, which runs through September 2014, involves a friendly, cost-free competition in seven main categories for individual properties. The categories are education and outreach; energy; water conservation; materials and waste; interiors, exteriors and purchasing; transportation; and tenant engagement. For each activity that is completed, participants earn points and move up a leaderboard. Top finishers will win prizes.

Finally, the Certified Sustainable Property certification provides a pragmatic path to efficient operations for property managers and other industry professionals and is accessible to most properties. For a property to get certified and be distinguished as a high-performance building, participants must complete core activities in the Sustainable Property Challenge program. Properties that have already obtained LEED EB or NC certification are eligible to “fast track” about half of the core activities.