General Growth Properties has published its inaugural GGP Sustainability report, focussing mainly on GGP's energy conservation initiatives, including the use of solar panels and food composting programmes.
Highlights of the report include:
• Solar panel installations – GGP installed state-of-the-art solar panels on the rooftops of four GGP New Jersey malls. The panels provide 12 per cent of the properties' energy needs at an estimated annual savings of approximately USD650,000.
• Energy management systems – over the past several years, GGP has installed energy management systems (EMS) that collect output data from sub-meters; monitor tenant and building utility usage; and are essential to measuring energy efficiency at GGP centres.
• Food composting – a handful of GGP malls have introduced food composting initiatives to their operations. Food composting not only keeps tons of waste out of local landfills every year, but it provides a much needed source of animal feed.
• Reuse and recycle – as GGP malls undergo renovations and remodels, tons of fixtures and other hardware become available. The fixtures and hardware are often donated to local non-profit organisations or repurposed.