EP100 members

The AMP Capital Wholesale Office Fund (AWOF) provides investors with exposure to a portfolio of prime office assets, predominantly in the largest Australian markets of Sydney and Melbourne. AWOF joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning and developing only assets that are net zero carbon in operation by 2030.

To meet this target, AWOF has already implemented a program of energy efficiency measures, renewable energy installations and a decarbonization roadmap and implementation plan to achieve Net Zero Carbon by 2030. AWOF also advocates for zero carbon buildings through its leading agreements, encouraging tenants and suppliers to disclose their energy performance and supporting them to reduce their energy demand alongside adopting renewables.

Berkeley Group is a British property developer that builds approximately 10% of London’s new homes. In 2018, it became the first carbon positive homebuilder across its operations. Berkeley Group joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning, occupying and developing only assets that are net zero carbon by 2030.

To meet this target Berkeley Group will implement energy efficiency measures and renewable energy procurement. The company also aims to have an internal carbon fee to drive long-term change, as well as working with its supply chain and other partners.

Covestro

Covestro is among the world’s leading manufacturers of premium polymers and its products and application solutions are found in nearly every area of modern life. Covestro is working on sustainable solutions to challenges such as climate change and recently set a CO2 reduction target of 50% by 2025 compared to 2005, of which energy efficiency will account for 40%.

Covestro joined EP100 in May 2016 and was the first major European manufacturer to do so. Covestro’s pledge is to double its energy productivity by 2030 compared to a 2005 baseline.

Richard Northcote, Chief Sustainability Officer, Covestro AG, said: “We are delighted to become the first major European manufacturer to join EP100 and commit to doubling our energy productivity by 2030. We have recently announced a CO2 reduction target of 50% by 2025, from a 2005 base, of which about 40% will be from energy efficiency increases. Further committing to our ongoing energy efficiency program and extending our target level cements our intention to drive our sustainability agenda.”

Cree

Cree is a market-leading innovator if lighting-class LEDs, LED lighting and semiconductor solutions for wireless and power applications. Cree strives to minimize resource use and reduce the environmental impact of its production process.

The company is committed to transparency of its greenhouse gas (GHG) emissions, waste generation and energy consumption. Cree joined EP100 in May 2017 and plans to double its energy productivity by 2020 based on a 2014 baseline, through measures such as the adoption of LED lighting throughout its facilities and continued improvement of LED performance.

Greg Merritt, VP Marketing and Public Affairs, Cree said: “Joining EP100 is a natural for us, as improving energy productivity is the essence of what we do at Cree. Our constant innovations in LEDs, LED lighting and other Cree technologies enable people to do more and consume less.”

Cundall is a multi-disciplinary consultancy providing engineering, design and sustainable solutions for the built environment. Cundall became the world’s first consultancy to be formally endorsed as a One Planet Company by BioRegional in 2012. Cundall joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to occupying only assets that are net zero carbon by 2025.

To meet this target, Cundall will implement energy efficiency measures, procure renewable energy (tenant energy) and procure renewable energy related offsets (landlord energy). The company is also committed to delivering more carbon positive buildings, reducing energy (operating and embodied) during project design, and to reducing its entire business footprint.

Daiwa House Industry

Daiwa House Industry Co., Ltd. Is Japan’s largest homebuilder, specializing in prefabricated houses. The company also is engaged in the construction of factories, shopping centres, health care facilities, the management and operation of resort hotels, golf courses and fitness clubs. Daiwa House has a long-term environmental vision – ‘Challenge ZERO 2055’ – and promotes environmental management across the group, striving to achieve a ‘zero environmental impact’.

Daiwa House Industry Co., Ltd. joined EP100 and RE100 simultaneously in March 2018, the first Japanese EP100 and the first construction company to join both campaigns at the same time. The company commits to double its energy productivity by 2040 against a 2015 baseline. Its chosen metric is net sales/GJ of energy. Daiwa House is already implementing measures such as efficient office buildings, utilization of smart devices by construction engineers and automation of office work.

Dalmia Cement

Dalmia Cement is one of India’s leading cement manufacturers and is committed to being a sustainability leader in this sector. Dalmia Cement already produces cement with a lower carbon intensity then the global and Indian averages.

Dalmia Cement joined EP100 in September 2016 and was the first company to become a member of both RE100 and EP100. The company pledged to double its energy productivity by 2030 - using a 2010-11 baseline - and views EP100 as the natural progression of its corporate vision.

Mahendra Singhi, Group CEO, Dalmia Cement, said: “Today, our group has one of the lowest carbon footprint in the global cement sector and we will continue to find ways to not only reduce our energy use, but also maximize the economic benefit of every unit of energy we consume.

We are targeting to double our energy productivity by various innovative and sustainable ways and means by 2030. Joining EP100 is a natural progression of our corporate vision-which is to be a leader in building materials that evokes pride in all stakeholders through customer centricity, innovation, sustainability and our values.”

Danfoss

Danfoss is a global producer of products and services used in areas such as air conditioning, refrigeration, heating, compressors and drives. Danfoss is a world leader in the supply of technologies; solutions that support the growing need for sustainable food supply, modern infrastructure, efficient energy utilization and better climate control.

Danfoss joined EP100 in May 2016 and pledged to double its energy productivity by 2030 compared to 2007. Danfoss has made energy productivity improvements of 60% since 2007 through a number of energy-saving projects.

Niels B. Christiansen, President & CEO, Danfoss said: “Doing business as usual is no longer sufficient. In order to meet the UN’s Sustainable Development Goal 7, and ‘ensure access to affordable, reliable, sustainable and modern energy for all’, simply put, we need to do far more with way less. The natural starting point is energy productivity: creating more economic output from each unit of energy.”

Frasers Property Australia is one of Australia’s leading diversified property groups and is the Australian division of global parent entity Frasers Property. The company is certified as a carbon neutral organisation under the Australian Government’s National Carbon Offset Standard. Frasers Property Australia joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning, occupying and developing only assets that are net zero carbon by 2028.

To meet this target Frasers Property Australia aims to decrease energy intensity company-wide by 20% by 2020 through proactive energy efficiency and retrofit measures, and incorporate renewable energy into all new developments.

Godrej Industries

Godrej Industries Limited and Associate Companies (GILAC) has committed three of its four companies to doubling their energy productivity by 2030, against a 2011-12 baseline year. The committed companies are Godrej Industries Limited, Godrej Consumer Products Limited and Godrej Agrovet. Parent company Godrej Group puts sustainability at the heart of its manufacturing process and value chain, and as such as made year on year energy savings, reducing its energy consumption by 41.8%. To achieve this, the company has invested in measures such as heat pumps, micro turbines, as well as implementing more efficient chemical processes.

N.B. Godrej, Managing Director, Godrej Industries and Chairman and Non-Executive Director of Godrej Agrovet Limited (GAVL), said: “At Godrej, sustainability is an integral part of who we are as a company and how we do business. We are actively investing in energy efficiency and our Green initiatives have huge shared value and help to make us competitive. Sustainability is ever-evolving and we realize that businesses now have a larger role to play in the communities that they operate in. Low cost energy will enable us to enter new fields. We have come a long way since we started and have set evermore ambitious plans going forward”.

The GPT Wholesale Office Fund (GWOF) is a leader in energy efficiency, emissions reduction and public disclosure for its large portfolio of premium grade office buildings in Australia, with over $9m of energy cost savings in 2017 compared to its 2005 baseline intensity. GWOF joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning only assets that are net zero carbon in operation by 2030.

To meet this target, GWOF will build on its implementation of energy efficiency reduction measures, energy management programs and renewable energy procurement strategies which have helped the company to achieve reductions in energy intensity by 42% and emissions by 72% since 2005.

H&M

H&M is a global, Swedish multinational clothing retail company. H&M has a long record of working to reduce its climate impact and recently launched a new commitment to achieve a climate positive value chain by 2040.

H&M joined EP100 in April 2017 and is also a member of RE100. The company pledged to double its energy productivity by 2030 and plans to achieve this by building stores that use 40% less energy than those constructed today, as well as investing in new technologies for lighting and HVAC to improve its operational energy productivity. H&M also aims to have 100% of its supplier partners enrolled in an energy efficiency program by 2025, as well as reduce the energy used in its logistics, transport and warehouses.

Pierre Borjesson, Global Sustainability Business Expert, H&M said: “‘Using less energy and increasing our economic output is a fundamental part of our strategy. “We have long been working to reduce our climate impact and recently launched our new commitment to achieve a climate positive value chain by 2040. This means H&M will support reductions of greenhouse gases to a larger extent than what our value chain emits. Two of our key priorities are leadership in energy productivity and using renewable energy throughout the value chain.”

Hilton is a global leader in hospitality. The company joined EP100 in September 2018, committed to rolling out a smart energy management system to achieve a 40% energy productivity improvement by 2030 (2008 baseline). Hilton currently maintains the largest portfolio of triple-ISO certified buildings, with the company’s entire portfolio of 5,400 hotels certified to ISO 9001 (Quality Management), ISO 14001 (Environmental Management) and ISO 50001 (Energy Management). Since 2008, Hilton has already reduced its energy use intensity by 20%, and its carbon footprint by 30%. Over the same period, Hilton’s portfolio of hotels achieved over US$1billion in cumulative utility cost savings by operating more sustainably.

Daniella Foster, Senior Director, Corporate Responsibility, Hilton, said: “We are proud to be the first major hotel brand to join EP100, an initiative that directly aligns with our Travel with Purpose commitment to cut our environmental footprint in half by 2030. With energy typically being a hotel’s second highest operating cost after labor, smart energy management is critical to the hospitality industry. Smart energy management reduces costs for Hilton’s owners, and drives value for the business – we call on other hotels to set science-based targets and pursue smart energy management.”

Hongbo

Hongbo is a Chinese LED manufacturer which joined EP100 in September 2016. Hongbo pledged to make energy productivity improvements of at least 2.5% per year in order to make consistent progress towards doubling its energy productivity.

Integral Group is a global engineering firm that designs high performance buildings. The company joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to occupying only assets that are net zero carbon in operation by 2030. The company aims to be the deepest green engineering firm in the world.

To meet this target Integral Group will implement ongoing energy efficiency upgrades across tenancies and work with landlords on renewable energy procurements. Integral Group has designed over 100 Net Zero Energy buildings, 50 LEED platinum projects and 9 Living Building Challenge projects.

Johnson Controls

Johnson Controls is a diversified technology and multi industrial leader serving a wide range of customers in more than 150 countries. With a commitment to sustainability that dates back to 1885, Johnson Controls works to make the future more productive, more secure, and more sustainable.

Johnson Controls joined EP100 in May 2016 and pledged to double its energy productivity by 2030 compared to a 2009 baseline. Johnson Controls has implemented a range of measures to improve its energy efficiency which have resulted in savings of over US$100 million in annual energy costs.

Clay Nesler, Vice President, Corporate Sustainability, Johnson Controls, said, “We are pleased to join with other leading global companies in making a commitment to double our energy productivity by 2030 as part of EP100. Energy efficiency improvements have been a key element of our sustainability program since 2003 contributing to a 41% greenhouse gas emissions intensity reduction and over US$100 million in annual energy savings.”

Kilroy Realty Corporation is a publicly traded West Coast Real Estate Investment Trust with a stabilized portfolio, and additional 3.2 million square feet in development. Kilroy Realty Corporation joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning, occupying and developing only buildings with net zero operations by 2030.

To meet this target Kilroy Realty Corporation will work to achieve zero emissions through onsite energy efficiency, onsite renewable installations, and adding capacity to the grid via offsite renewable procurement. The company has reduced its energy use by approximately 15% since 2010 and has installed 5.2MW of solar generation so far.

Landsec

Landsec is the UK’s largest commercial property development and investment company. The company aims to be the sustainability leader in the UK listed real estate sector and recently has its science-based target accepted. Landsec is the first property company to join EP100 and recognizes that reducing energy consumption will be a key vehicle in helping the company to achieve its science-based target.

Landsec joined EP100 in December 2016 and is one of the first companies to become a member of both RE100 and EP100. Landsec pledged to double its energy productivity by 2034 compared to a baseline year of 2014. The company has reduced the energy consumption of its London office portfolio by 13% over the last three years.

Robert Noel, CEO, Landsec, said: “Reducing energy consumption will be the primary vehicle in achieving our goals. We are very pleased to be the first property company to sign up to EP100, ensuring we will increase our energy productivity for the benefit of our customers.”

Mahindra & Mahindra

Mahindra & Mahindra, part of the Mahindra Group, is an Indian multinational automobile manufacturing company and is the world’s largest manufacturer of tractors. Mahindra and Mahindra joined EP100 in February 2016 and pledged to double its energy productivity by 2030 compared to a 2008-09 baseline. Mahindra & Mahindra has implemented some key measures to improve its energy productivity, including energy efficient lighting, air conditioning, and motors as well as re-engineering of the business process to reduce energy demand.

Anirban Ghosh, CSO, Mahindra, said "Our vehicles are now made with 33% less energy than before. Additionally, many of our projects have achieved a 24% return on investment. Now that we have joined EP100 at the corporate level, it paves the way for additional energy saving initiatives throughout our various companies.” 

Mahindra Vehicle Manufacturers Limited operates as a subsidiary of Mahindra & Mahindra Limited and manufactures utility vehicles (UVs), light transport vehicles (LTVs), and commercial vehicles. The company was founded in 2007 and is based in Mumbai, India.

Mahindra Vehicle Manufacturers Limited joined EP100 in September 2018, committing to doubling its energy productivity by 2040 against a 2015 baseline year.

Vijay Kalra, E.D & C.E.O., Mahindra Vehicle Manufacturers Ltd. and Chief of  Manufacturing Operations, M&M, Auto Division, said: “Operating in a country like India  which is energy deficient, energy security and energy cost is of vital importance for sustainable business performance. By joining the EP100 program, we demonstrate our commitment to our employees, society and nation at large. As we take aspirational targets to enhance energy productivity there will be innovation and development of new technologies that will change the way we live and work. It’s all about arriving a win-win situation for all. Be it business, employees and society at large.”

Mahindra Holidays & Resorts India Ltd.

Mahindra Holidays & Resorts India Ltd., is a part of the Leisure and Hospitality sector of the Mahindra Group and offers holidays primarily through vacation ownership memberships. Mahindra Holidays & Resorts India Ltd. strives to adopt sustainable practices in all its operations and recognizes the long-term benefits of doing so.

Mahindra Holidays & Resorts India Ltd., joined EP100 in September 2016 and pledged to double its energy productivity by 2030 compared to a 2008-09 baseline year. The company is implementing a variety of measures to improve its energy productivity across all areas of its operations including: transition to LED lighting, upgrading to energy efficient HVAC systems, and use of timers for high-load equipment.

Kavinder Singh, MD & CEO, Mahindra Holidays and Resorts India Ltd., said “The Mahindra Group has a growing commitment to sustainable business practices that allow us to do good, as we do well. This agreement to double our energy productivity by 2030 also aligns with the larger trend of Indian consumers becoming increasingly aware about the environmental impact, choosing brands that are taking real action to minimize their carbon footprint.”

Mahindra Heavy Engines Limited operates as a subsidiary Mahindra & Mahindra Limited and manufactures diesel engines for medium and heavy commercial vehicles.

Mahindra Heavy Engines Limited joined EP100 in September 2018, committing to doubling its energy productivity by 2041 against a 2016 baseline year.

Vijay Kalra, E.D & C.E.O., Mahindra Vehicle Manufacturers Ltd. and Chief of  Manufacturing Operations, M&M, Auto Division, said: “Operating in a country like India  which is energy deficient, energy security and energy cost is of vital importance for sustainable business performance. By joining the EP100 program, we demonstrate our commitment to our employees, society and nation at large. As we take aspirational targets to enhance energy productivity there will be innovation and development of new technologies that will change the way we live and work. It’s all about arriving a win-win situation for all. Be it business, employees and society at large.”

Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East and North Africa (MENA), and is one of the United Arab Emirates’ most respected and successful businesses with a vision to transform the face of shopping, entertainment and leisure to create ‘great moments for everyone, everyday’. Majid Al Futtaim joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning only spaces that are net zero carbon in operation by 2030.

To meet this target, Majid Al Futtaim will implement measures to upgrade existing buildings and incorporate energy efficiency and renewable energy systems into new projects. The company will also work with its value chain and other partners in pursuit of becoming Net Positive.

Salesforce.com Inc. is an American cloud computing company committed to playing its role in tackling climate change; it was recently ranked #2 in Barron’s 2018 list of 100 Most Sustainable Companies. As an existing RE100 member, Salesforce joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning and occupying only assets that are net zero carbon in operation by 2030.

To meet this target, Salesforce is committed to using 100% renewable energy by 2022 through The Climate Group’s RE100 initiative and has already achieved net-zero GHG emissions globally, delivering customers a carbon neutral cloud.

Patrick Flynn, Vice President of Sustainability at Salesforce, said: "In 2015, Salesforce set the goals of reaching reach zero-net emissions by 2050 and sourcing 100% renewable energy for its global operations. We went through a very rigorous process to make sure we were driving toward our goal in the right way and achieved our Net-Zero target in 2017. We will reach 100% renewable energy in 2022. Participating in the Net Zero Carbon Building Commitment builds upon those achievements and demonstrates our commitment to driving the scale and pace necessary to reduce carbon emissions for a healthier future." 

Sasol

Sasol is a carbon-intensive integrated chemicals and energy company with operations in 33 countries and has committed to installing an energy management system (EnMS) in its operations within 10 years, targeting a 30% energy productivity improvement. Sasol recognizes that it has a responsibility to lower its emissions, and that it has an opportunity to help develop viable technological solutions that address climate change while improving energy security in South Africa.

Bernard Klingenberg, Executive Vice President: Operations, Sasol Limited, said: “Sasol has a solid track record in promoting energy efficiency as a key business driver. We strive to continuously improve the energy efficiency of operations globally to support asset integrity. Our commitment to the global EP100 initiative is testament to our commitment.”

Schneider Electric, a leader in the digital transformation of energy management and automation, is committed to doubling its energy productivity by 2030 with a 2005 baseline. The company has already reduced its energy consumption by 10% every three years for the past decade. Going forward, Schneider Electric plans to double its energy productivity partly through use of its own technical solutions, such as EcoStruxure™, an Internet-of-things-enabled smart technology. Schneider Electric is also a member of RE100 and is committed to sourcing 100% renewable electricity by 2030.

Shaw Contract, a division of Shaw Industries, Inc., is a product manufacturer and joined EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning and occupying only buildings that are net zero carbon in operation by 2030, including manufacturing associated emissions.

To meet this target, Shaw Contract will implement energy efficiency measures to achieve a 40% improvement in energy intensity and carbon emissions by 2030 and will also use renewable sources including offsets to achieve carbon neutrality.

John Sisk & Son

“Sisk” is Ireland’s largest construction company and became the first Irish company to join EP100. Sisk is committed to increasing sustainable construction and minimising the environmental effect of its projects on society.

Sisk joined EP100 in May 2018 and pledged to double its energy productivity by 2030 against a 2014 baseline. Sisk has already identified site and fleet fuel as its significant energy users and has a number of projects on its action plan for implementation in order to tackle this. Improved generator efficiency and an ‘Eco Driving’ pilot project have already produced impressive results that will be applied to the company’s wider operations in order to drive progress towards meeting its EP100 target.

Stephen Bowcott, CEO, John Sisk & Son, added: “Energy efficiency is an important part of our long-term business strategy at John Sisk & Son. As an innovative, international, engineering and construction company with extensive operations across Ireland, the United Kingdom and mainland Europe, we are committed to reducing our carbon footprint and contributing to the global fight against climate change. Sisk’s membership of EP100 further demonstrates this commitment.”

Stockland is an Australian Property Developer and a global leader in sustainability, having been the only CDP A-Listed Australian company in 2017. Stockland signed up two of its divisions – Stockland Retirement Living and Stockland Logistics – to EP100 in September 2018 through the Net Zero Carbon Buildings pathway, committing to owning only assets that are net zero carbon in operation by 2030.

To meet this target, Stockland plans to extend its existing rooftop solar program on its Retail Town Centre Portfolio to implement a leading Logistics warehouse rooftop solar program. Stockland has been a leader in energy efficiency and carbon reduction, achieving over 55% emissions reduction in its office portfolio between FY06 and FY18, and 45% in its retail portfolio in the same timeframe.

Swiss Re

Swiss Re is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The company has a long-standing commitment to corporate responsibility and strives to implement this across its business. Swiss Re identified climate change as a major sustainability challenge almost 20 years ago, and has put a special focus on this topic ever since.

Swiss Re joined EP100 in November 2016 and was one of the first companies to become a member of both RE100 and EP100. Swiss Re pledged to double its energy productivity by 2020 compared to a baseline year of 2005. By joining EP100, Swiss Re seeks to demonstrate that a strong commitment to a sustainable energy future is good for business.

Vincent Eckert, Head of Internal Environmental Management, Swiss Re, said: “Improving energy productivity is key in our company's efforts to achieve greenhouse gas neutrality. We have joined EP100 to demonstrate that a strong commitment to a sustainable energy future is good for business."

TRIDL is a facial mask and skincare company operating in Asia and North America. Having already switched to LED lighting – leading to 60% electricity savings – TRIDL is installing a smart energy management system to improve its energy productivity by 30% by 2048 (2018 baseline). The company aims to efficiently measure energy use in all of its products, commercial buildings, equipment and vehicles. As well as joining RE100 and EP100, TRIDL is taking action on electric transport. The Taiwanese authority has been pushing an electronic scooter switching compensation project since early 2018, and TRIDL would like to join the effort and advocate the campaign as well towards its employees.

Sany Lai, Vice President, TRIDL, said: “TRIDL is proud to be the very first member of EP100 for Taiwan. Improving energy productivity not only helps to manage energy demand and greenhouse gas emissions, it can ensure that prosperity and development needs are met – boosting company margin and saving money for consumers. We believe that reducing energy costs through innovation and modernizing our infrastructure can benefit our customers and influence the Taiwan-Greater China public perspective on the importance of energy productivity.”

UltraTech Cement

UltraTech Cement is one of the world’s leading cement producers, and the largest manufacturer of grey cement, Ready Mix concrete (RMC) and white cement in India. UltraTech Cement joined EP100 in September 2018 and has committed to doubling its energy productivity by 2035 compared to its 2010 baseline. The company sees the improvement of its energy performance as one of the critical levers for reducing the carbon intensity of its operations and has already invested in energy efficiency measures across its manufacturing plants including cooler upgrades, voltage variable frequency drives and waste heat recovery systems. Going forward, the company will make use of digitization, carbon pricing, and new technologies.

K K Maheshwari, Managing Director, UltraTech Cement Limited, said: “UltraTech Cement has always been at the forefront in adopting sustainable processes in its business operations. The company has some of the best performing plants on energy metrics across the world. As a responsible organisation, we realise the need for further substantial improvements in energy productivity. Our membership of EP100 we believe will play a catalytic role in helping us accelerate towards doubling our energy productivity, which is a key strategic lever to achieve sustainable business growth.”

Woolworths Holdings

Woolworths Holdings is one of South Africa’s largest retail chains and has a vision to be the most sustainable retailer in the Southern Hemisphere. The company has many different areas of focus within its sustainability strategy, and is working with stakeholders in its supply chain to save energy and reduce emissions.

Woolworths Holdings is the first major international retailer to join EP100, and has been a member since February 2017. The company pledged to double its energy productivity by 2020 compared to a baseline year of 2005. Woolworths Holdings has taken significant steps in promoting energy efficiency and productivity and it launched the ‘Good Business Journey’ in 2007 to formalize its sustainability commitments.

Justin Smith, Group Head of Sustainability, Woolworths said: “We believe it’s important for companies in emerging markets to play a role in reducing carbon emissions. South Africa, where our headquarters is located, has a relatively carbon-intensive economy, so businesses need to actively drive energy productivity and maximize the environmental and cost saving benefits from energy efficiency."