Nareit’s Sustainability Impact Awards recognize REITs for implementing sustainable practices that demonstrate leadership, ingenuity, and environmental impact in the commercial real estate industry.
The awards include three categories focused on projects and programs related to design, operational practices, and individual leadership.
- Sustainable Design Award: Architecture and engineering strategies that reduce environmental impact through smart design, new building development, or retrofitting of existing buildings.
- Sustainable at-Scale Award: Operational policies implemented across a building portfolio that advance corporate sustainability goals and achieve broad and measurable impact.
- Sustainable Leadership Award: An individual leader who creates a positive influence within their organization and across the REIT industry/community at-large.
The 2024 application is now closed. Applications for the 2025 Sustainability Impact Awards will open in spring 2025.
Please note: The Sustainability Awards application also includes the Leader in the Light® Awards narrative responses. By completing the Sustainability Awards application and participating in the GRESB Real Estate Assessment the company is eligible for both the Sustainability Impact Awards and Leader in the Light Awards. If the company does not participate in the GRESB Real Estate Assessment, it is still eligible for the Sustainability Impact Awards.
Eligibility
Only Nareit corporate member REITs and/or staff are eligible to apply for and receive Sustainability Impact Awards. Any staff member of the REIT may submit the company's application. The REIT’s membership status must be in good standing with Nareit through the calendar year.
Evaluation
Projects and programs in place by the end of the prior calendar year will be evaluated based on the scoring from a panel of expert judges, on a scale of 0 - 10 in the following areas:
- Measurable Impact (30%)
- Innovation (30%)
- Replicability (20%)
- Overall Sustainability (20%)
2024 Sustainability Impact Awards Honorees
Sustainable Design
Alexandria Real Estate Equities, Inc.
BXP
Digital Realty
Impact at Scale
JBG SMITH
Ventas, Inc.
Vornado Realty Trust
Industry Impact
Elena Alschuler, JLL Income Property Trust, LaSalle Investment Management
Questions
Contact Jessica Long, Nareit senior vice president of environmental stewardship & sustainability, for assistance.
Material Non-Public Information
Please be mindful of the information you provide in response to the Nareit Sustainability Awards, considering the various regulatory and reporting requirements your organization may be subject to, including SEC Regulation FD. You should consult your legal and/or compliance professionals to ensure that you are meeting those various obligations.