Piedmont Office Realty Trust Earns ENERGY STAR® Partner Of The Year Sustained Excellence
Piedmont Office Realty Trust, Inc. receives the 2024 ENERGY STAR Partner of the Year – Sustained Excellence award for their commitment to energy efficiency. The company has been recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy for their outstanding efforts in reducing energy consumption across their Class A office properties.
03/28/2024 - 06:30 AM
Atlanta, March 28, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sun Belt, announced today that the U.S. Environmental Protection Agency and the U.S. Department of Energy has recognized the company with its highest level of recognition - 2024 ENERGY STAR Partner of the Year – Sustained Excellence. The sustained excellence distinction is awarded to organizations who have earned Partner of the Year for several consecutive years and have gone beyond the criteria needed to qualify for recognition.
“We are honored to receive ENERGY STAR’s highest level of recognition with the Partner of the Year – Sustained Excellence award,” said Brent Smith, Piedmont’s President and Chief Executive Officer. Across the Piedmont portfolio, we remain steadfast in our commitment to our employees, tenants, stockholders, and local communities to be a market leader in commercial building operations. ENERGY STAR’s Sustained Excellence award affirms our longstanding efforts to reduce energy consumption across our portfolio. We encourage all our stakeholders to view our sustainability program and the quantifiable results achieved outlined in our annual Environmental, Social and Governance report located on our website.” The ENERGY STAR program honors a group of businesses and organizations annually that have made outstanding contributions to protecting the environment through superior energy achievements. ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies. Winners are selected from a network of thousands of ENERGY STAR partners.
About Piedmont Office Realty Trust Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in the Sunbelt. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB-) and Moody’s (Baa3). Piedmont is a 2024 ENERGY STAR Partner of the Year – Sustained Excellence. For more information, see www.piedmontreit.com .
Contact: Sarah Heimlich Company: Piedmont Office Realty Trust Phone: 770.418.8800 Email: investor.relations@piedmontreit.com
What award did Piedmont Office Realty Trust, Inc. receive in 2024?
Piedmont Office Realty Trust, Inc. received the 2024 ENERGY STAR Partner of the Year – Sustained Excellence award.
What type of properties does Piedmont Office Realty Trust, Inc. own?
Piedmont Office Realty Trust, Inc. owns Class A office properties primarily located in the Sun Belt.
Who recognized Piedmont Office Realty Trust, Inc. with the award?
Piedmont Office Realty Trust, Inc. was recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy.
What is the significance of the Sustained Excellence distinction?
The Sustained Excellence distinction is awarded to organizations that have earned Partner of the Year for several consecutive years and have exceeded the criteria for recognition.
Where can stakeholders find more information about Piedmont's sustainability program?
Stakeholders can find more information about Piedmont's sustainability program and quantifiable results in their annual Environmental, Social and Governance report on the company's website.
Piedmont Office Realty Trust Inc
PDM Rankings
#4701 Ranked by Stock Gains
PDM Stock Data
Industry
Lessors of Nonresidential Buildings (except Miniwarehouses)
Sector
Real Estate and Rental and Leasing
Tags
Finance, Real Estate Investment Trusts, Real Estate and Rental and Leasing, Lessors of Nonresidential Buildings (except Miniwarehouses)
About PDM
piedmont office realty trust, inc. (nyse: pdm) is a fully integrated and self-managed real estate investment trust (reit) specializing in the ownership and management of high-quality class a office buildings located primarily in the ten largest u.s. office markets, including chicago, washington, d. c., new york, dallas, los angeles, and boston. piedmont's wholly-owned office buildings comprise approximately 21 million rentable square feet. the company is headquartered in atlanta, ga, with local management offices in each of its major markets. investment-grade rated by standard & poor's (bbb) and moody's (baa2), piedmont has maintained a low-leverage strategy while transacting almost $6 billion and approximately $1.5 billion in property acquisitions and dispositions, respectively, during its fifteen year operating history.