Howard Hughes Earns Top Ranking by GRESB for Proven Commitment to Sustainability and Industry Leadership Across National Portfolio
Each year, GRESB assesses and benchmarks the performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics. The assessments are aligned with international reporting frameworks, goals, and emerging regulations and rankings are determined based on a combination of performance indicators, including risk management, energy consumption, water use, and stakeholder engagement.
“Howard Hughes is committed to building communities that provide an exceptional quality of life deeply rooted in a respect for our natural environment,” said
Earlier this year, Howard Hughes joined a select group of real estate companies, leading the industry as they received validation of near-term emissions reduction targets by the Science Based Targets initiative (SBTi), the company received validation for three separate near-term targets, committing to reduce Scope 1, Scope 2, and Scope 3 emissions across its business segments. The targets are aligned with the Paris Agreement to limit global warming to 1.5°C and will guide the company’s decarbonization efforts across all strategic developments, operating assets, and regions. This validation underscores a thoughtful, informed approach to sustainability that, along with its recent GRESB score, continues to set Howard Hughes apart in the industry.
“Howard Hughes is dedicated to finding new ways to innovate, manage, and benchmark our performance as we accelerate progress,”
Details related to Howard Hughes’ commitment to sustainability can be found here in the Company’s 2023 Communities Report.
About
Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country's preeminent portfolio of master planned communities, as well as operating properties and development opportunities including Downtown Columbia® in Maryland; The Woodlands®, Bridgeland® and The Woodlands Hills® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Teravalis™ in the Greater Phoenix, Arizona area. The Howard Hughes portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Howard Hughes Holdings Inc. is traded on the New York Stock Exchange as HHH. For additional information visit www.howardhughes.com.
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Media Contact
SVP, Head of Corporate Communications, Howard Hughes
cristina.carlson@howardhughes.com
Investor Relations Contact
SVP, Investor Relations
eric.holcomb@howardhughes.com
Source: Howard Hughes Holdings Inc.