100% of the electricity requirements for the Houston office portfolio supplied through a newly built solar power plant by 2026.
Houston Environmental
Climate
Zero Emissions Electricity
Solar power
- Texas-based new solar projects
Insights:
- Power of "additionality" - why is it helpful to add new renewable supply to the grid?
- Why local power? Financing a new-build solar power plant adds new renewable power supply to the grid.
- Increases demand for finite zero emissions electricity supply, incentivizing new development and improving the mix of in-state clean energy generation sources.
- Offers the opportunity for significant electricity cost savings for Brookfield Properties and our tenants.
- Reduces Scope 2 greenhouse gas emissions associated with tenant electricity consumption.
Waste
- Food insecurity
- Recycling
- Reuse & donations
- Single-use plastic reduction
- Composting
Water
- Capture
- Conservation/efficiency
Nature
- Biodiversity
- Honeybees
- 8 hives throughout the city
- Estimated "adopted" bee population 400K
- Conducted 7 workshops in 2022 for tenants
- Honeybees
- Bird migration
- Material sourcing
- Land displacement
- Pollution control
Houston Governance
![Code of Business Conduct](https://brookfieldproperties-bp-corporate-prod.web.arc-cdn.net/resizer/v2/DR2GP2R3XFCCHAOG4XZD7X7WEY.png?focal=0%2C0&auth=0782c6c657de1e019d8f62763e86cb77b836d27771cff064f304750e64d12cab&width=600&height=336)
![Rigorous Third-party Oversight](https://brookfieldproperties-bp-corporate-prod.web.arc-cdn.net/resizer/v2/CLXW744T2REL7MZ6V3ADGRWYDY.png?focal=0%2C0&auth=de40e06a7d97183cfaec1757d8a5b9cbee5ec9e8db8beb66c74053f64e917874&width=600&height=336)
![Cybersecurity](https://brookfieldproperties-bp-corporate-prod.web.arc-cdn.net/resizer/v2/NIC3TGLAPBAXNMQSXVLOHGYARQ.png?focal=0%2C0&auth=0e6c6d4bb02224c0a7033718fcf77292227abc8c1359d1c48bfe8e187832b5b4&width=600&height=336)