Mapletree’s logistics portfolio in the United States (US) won the Green Lease Leaders (Gold) Award, presented by the US Department of Energy’s Better Buildings Alliance and the Institute for Market Transformation. The award recognises landlords and tenants who modernise their leases to spur collaborative action on energy and water efficiency, cost-savings, air quality improvement and sustainability in buildings. The US team used the Green Lease Leaders programme guidelines to create the US green lease form in 2021. To achieve the Gold level designation, it demonstrated successful implementation, which included providing documentation of:

• Executed leases that include energy and water transparency requirements, tenant procurement of renewable energy, implementation of energy management best practices and minimum fit-out guidelines.

• Regular property inspections and preventative maintenance.    

• Ongoing energy and water performance monitoring.

• Development of tenant engagement programme materials, correspondence and performance trackers.

• Training of internal asset management team and external partners to engage tenants on green lease clauses, utility data sharing and sustainable operations.