Deutsche Asset Management Reaches Energy Savings Goal within US Real Estate Portfolio
Deutsche Asset Management’s (Deutsche AM) Alternatives business has achieved its energy savings goal three years ahead of
schedule as part of the US Department of Energy’s Better Buildings Challenge, a national initiative designed to improve energy
efficiency in buildings, plants and homes in the US by 20% by 2020.
Since the initiative’s launch, Deutsche AM saved 237.8 billion BTUs across the properties portfolio of more than 5 million
square feet that it manages for funds and institutional clients. These savings mitigated 48,984 metric tons of CO2,
which is equivalent to 10,350 single passenger cars driven per year. In addition, in 2016 Deutsche AM invested 2.3 million dollars
in energy efficiency projects in the US, garnering a return on investment of 23% over the year.
“We are thrilled to have hit our 20% savings goal ahead of time as part of this initiative,” said Todd Henderson, Head of Real
Estate, Americas. “Our real estate business strives to preserve and enhance risk-adjusted returns through a comprehensive
sustainability strategy designed to reduce environmental risks, increase the efficiency of our properties, and deliver high-quality
spaces for our tenants. Our achievement as part of the Better Buildings Challenge demonstrates Deutsche Asset Management’s ability
to execute on this strategy as well as its longstanding commitment to sustainability.”
The Better Buildings Challenge now represents 4.4 billion square feet, over 1,000 manufacturing plants, 51 cities
and states and a diversity of building owners, manufacturing firms, municipalities, financial institutions, and utilities.
Participants in this initiate are working collaboratively to create and share implementation models that can help the marketplace
move more quickly to adopt energy efficiency measures.
“Congratulations to Deutsche Asset Management for achieving its 20% energy reduction goal as part of the Better Buildings
Challenge,” said Kathleen Hogan, Deputy Assistant Secretary for Energy Efficiency at the US Department of Energy. “We are inspired
by the leadership, hard work and willingness to share ideas that our partners have demonstrated and are looking forward to their
next goals and milestones.”
Real estate is part of Deutsche AM’s Alternatives business, a global investment platform that is responsible for 48.2 billion
dollars in assets under management (as of March 31, 2017). With an investment heritage that spans more than four decades, Deutsche
AM is among the largest alternatives managers in the world and provides investors access to investment solutions in direct real
estate; direct infrastructure; real estate and infrastructure securities, and commodities; private equity; sustainable investments;
and hedge funds.
Read more about Better Buildings Challenge partner results, showcase projects and innovative solutions being shared with others
in the 2017 Progress Report.
Deutsche Asset Management
With EUR 723 billion of assets under management (as of March 31, 2017), Deutsche Asset Management1 is one of the
world’s leading investment management organizations. Deutsche Asset Management offers individuals and institutions traditional and
alternative investments across all major asset classes.
An investment in real estate involves a high degree of risk, including possible loss of principal amount invested, and is
suitable only for sophisticated investors who can bear such losses.
© 2017 Deutsche Asset Management. All rights reserved. 051218_1.0_
1 Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The
respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective
contracts, sales materials and other product information documents.
Deutsche Bank AG
Press & Media Relations
Oksana Poltavets, +1-212-250-0072
oksana.poltavets@db.com
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