Tag: 3BL

40% reduction in power consumption will support sustainability goals and reduce network operating costs

SANTA ROSA, Calif., November 5, 2024 /3BL/ – Keysight Technologies, Inc. (NYSE: KEYS) has enabled Pegatron 5G to test and validate its Open Radio Unit (O-RU) advanced energy savings features using ETSI-specified energy measurement methods. This was achieved using Keysight’s Open Radio Access Network Architect Solutions (KORA), which ensures conformance, interoperability, performance, security, and energy efficiency validation for radio access network (RAN) testing.

With the majority of energy (76%) consumed in the RAN, improving efficiency is a strategic priority for operators. Therefore, testing energy consumption and its impact on network performance is critical. While advancements from 2G to 5G have delivered improvements, the increasing density of 5G networks to meet higher data demands will drive up consumption, impacting operating costs and sustainability goals. E-plane testing helps operators and manufacturers optimize networks to enhance efficiency in 5G and future network deployments.

By utilizing Keysight’s E-Plane ETSI Test Suites to evaluate the energy efficiency of its PR1450 O-RU solution, Pegatron 5G was able to achieve a 40% reduction in power consumption while adhering to O-RAN energy saving requirements and the ETSI ES 202 706-1 and ETSI TS 103 786 energy measurement methods. This will significantly reduce network operating costs and ensure compliance with environmental targets. The capability was demonstrated at the India Mobile Congress 2024.

David Hoelscher, Vice President of Business Development and Chief Product Officer of Pegatron 5G, said: “We are proud to be the first company in Taiwan to demonstrate O-RAN energy saving and e-plane support on our PR1450 O-RU. This achievement reflects our ongoing commitment to innovation and our ability to deliver advanced 5G solutions that benefit customers and the environment.”

Peng Cao, Vice President and General Manager of Keysight’s Wireless Test Group, said: “Keysight’s KORA solutions expedite the sustainable development and deployment of the O-RAN ecosystem, with a full range of industry-proven Open RAN energy lab and field tests solutions. By collaborating with partners like Pegatron 5G, Keysight is accelerating deployments, helping network operators reduce costs, and contributing to environmental sustainability.”

About Keysight Technologies

At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.

OAKLAND, Calif., November 5, 2024 /3BL/ – The Clorox Company (NYSE: CLX) announced a strategic partnership with Manufacture 2030, or M2030, to help Clorox’s suppliers meet their carbon reduction targets and advance the company’s long-term goal of reaching net-zero emissions by 2050.

M2030 is designed to help suppliers measure, manage and reduce carbon emissions. The new partnership aims to advance decarbonization throughout Clorox’s value chain through the collection of emissions data, jointly identified and defined actions for reduction and continuous upskilling.

“As part of Clorox’s efforts to foster a cleaner world, we have a responsibility to ensure our suppliers are equipped with the capabilities necessary for forging their own sustainability journeys,” said Niki King, Chief Sustainability Officer at The Clorox Company. “Climate action is a complex endeavor that requires companies to engage all parts of their supply chain in order to meaningfully reduce their environmental impact.”

The program, which will record key figures on energy, will be gradually rolled out to several suppliers of the company’s strategic raw materials and packaging, which collectively represents more than half of Clorox’s scope 3 emissions.

“Our value chain is comprised of organizations that share Clorox’s commitment to doing the right thing, which is why for the last 15 years we’ve implemented a business partner code of conduct that emphasizes sustainable business practices,” said Eva Choe, Chief Procurement Officer at The Clorox Company. “We believe M2030’s platform will help our suppliers establish practical action plans and deliver significant carbon reductions while garnering critical industry collaboration.”

M2030 enables suppliers to regularly track and share their progress with other customers using the M2030 platform. Suppliers will also be able to export relevant compatible data for submission to the Carbon Disclosure Project (CDP), a global disclosure system to manage environmental data.

“We’re delighted to partner with The Clorox Company and enable their suppliers to reduce their environmental impact,” said Martin Chilcott, Manufacture 2030 Chief Executive Officer. “Through the M2030 platform, Clorox suppliers can measure their emissions, manage their reduction efforts, and share progress with their customers. We look forward to collaborating with Clorox and the wider consumer goods industry to reach supply chain carbon reduction targets.”

Climate action is a critical element of Clorox’s environmental, social and governance goals embedded in the company’s corporate IGNITE strategy. This partnership represents an important step forward in Clorox’s longstanding commitment to measuring, transparently reporting and reducing its carbon footprint, including 2030 science-based targets and the long-term goal of achieving net-zero GHG emissions by 2050.

To learn more about The Clorox Company’s sustainability progress and commitments visit thecloroxcompany.com/responsibility/clean-world

About The Clorox Company

The Clorox Company (NYSE: CLX) champions people to be well and thrive every single day. Its trusted brands include Brita®, Burt’s Bees®, Clorox®, Fresh Step®, Glad®, Hidden Valley®, Kingsford®, Liquid-Plumr® and Pine-Sol® as well as international brands such as Clorinda®, Chux® and Poett®. Headquartered in Oakland, California, since 1913, Clorox was one of the first in the U.S. to integrate ESG into its business reporting. In 2024 the company was ranked No. 1 on Barron’s 100 Most Sustainable Companies list for the second consecutive year. Visit thecloroxcompany.com to learn more.

About Manufacture 2030

Manufacture 2030 provides global brands, corporations and their small and medium-sized suppliers with the data, tools, and support to be certain they can hit their GHG emissions reduction targets. Manufacture 2030’s carbon reduction platform and support services help measure, manage, and reduce emissions across global supply chains. Clients include leading brands like: Reckitt, Bayer, GSK, and Toyota. For more information, please visit manufacture2030.com.

OAKLAND, Calif., November 5, 2024 /3BL/ – The Clorox Company (NYSE: CLX) announced a strategic partnership with Manufacture 2030, or M2030, to help Clorox’s suppliers meet their carbon reduction targets and advance the company’s long-term goal of reaching net-zero emissions by 2050.

M2030 is designed to help suppliers measure, manage and reduce carbon emissions. The new partnership aims to advance decarbonization throughout Clorox’s value chain through the collection of emissions data, jointly identified and defined actions for reduction and continuous upskilling.

“As part of Clorox’s efforts to foster a cleaner world, we have a responsibility to ensure our suppliers are equipped with the capabilities necessary for forging their own sustainability journeys,” said Niki King, Chief Sustainability Officer at The Clorox Company. “Climate action is a complex endeavor that requires companies to engage all parts of their supply chain in order to meaningfully reduce their environmental impact.”

The program, which will record key figures on energy, will be gradually rolled out to several suppliers of the company’s strategic raw materials and packaging, which collectively represents more than half of Clorox’s scope 3 emissions.

“Our value chain is comprised of organizations that share Clorox’s commitment to doing the right thing, which is why for the last 15 years we’ve implemented a business partner code of conduct that emphasizes sustainable business practices,” said Eva Choe, Chief Procurement Officer at The Clorox Company. “We believe M2030’s platform will help our suppliers establish practical action plans and deliver significant carbon reductions while garnering critical industry collaboration.”

M2030 enables suppliers to regularly track and share their progress with other customers using the M2030 platform. Suppliers will also be able to export relevant compatible data for submission to the Carbon Disclosure Project (CDP), a global disclosure system to manage environmental data.

“We’re delighted to partner with The Clorox Company and enable their suppliers to reduce their environmental impact,” said Martin Chilcott, Manufacture 2030 Chief Executive Officer. “Through the M2030 platform, Clorox suppliers can measure their emissions, manage their reduction efforts, and share progress with their customers. We look forward to collaborating with Clorox and the wider consumer goods industry to reach supply chain carbon reduction targets.”

Climate action is a critical element of Clorox’s environmental, social and governance goals embedded in the company’s corporate IGNITE strategy. This partnership represents an important step forward in Clorox’s longstanding commitment to measuring, transparently reporting and reducing its carbon footprint, including 2030 science-based targets and the long-term goal of achieving net-zero GHG emissions by 2050.

To learn more about The Clorox Company’s sustainability progress and commitments visit thecloroxcompany.com/responsibility/clean-world

About The Clorox Company

The Clorox Company (NYSE: CLX) champions people to be well and thrive every single day. Its trusted brands include Brita®, Burt’s Bees®, Clorox®, Fresh Step®, Glad®, Hidden Valley®, Kingsford®, Liquid-Plumr® and Pine-Sol® as well as international brands such as Clorinda®, Chux® and Poett®. Headquartered in Oakland, California, since 1913, Clorox was one of the first in the U.S. to integrate ESG into its business reporting. In 2024 the company was ranked No. 1 on Barron’s 100 Most Sustainable Companies list for the second consecutive year. Visit thecloroxcompany.com to learn more.

About Manufacture 2030

Manufacture 2030 provides global brands, corporations and their small and medium-sized suppliers with the data, tools, and support to be certain they can hit their GHG emissions reduction targets. Manufacture 2030’s carbon reduction platform and support services help measure, manage, and reduce emissions across global supply chains. Clients include leading brands like: Reckitt, Bayer, GSK, and Toyota. For more information, please visit manufacture2030.com.

Leidos recently posted its 15th annual sustainability report detailing the company’s continued sustainability journey. The report represents an ongoing commitment to advancing sustainability and building a better future for our shared planet and the communities where we live and work.

This report highlights the company’s progress toward its environmental, social, and governance goals and was prepared in accordance with the Global Reporting Initiative Standards. It is focused on three areas where Leidos concentrates its sustainability efforts:

Cultivating inclusion: Building a strong business foundation that welcomes all perspectives and provides equitable access and resources for everyone.Advancing environmental sustainability: Implementing sustainable solutions to reduce the company’s environmental footprint.Promoting healthier lives: Investing in initiatives and resources that promote the health and well-being of employees and communities.

“We are dedicated to leveraging our capabilities to enhance the sustainability of our operations, our customers’ missions and the communities in which we work,” said Tom Bell, Leidos CEO, in a cover letter accompanying the report. “Sustainability principles are embedded throughout Leidos, guiding our programs, strategies and decision-making processes.”

The report covers the 2023 calendar year and includes a variety of key successes, such as continued reduction of scope 1 and 2 emissions every year since tracking began in 2010, more than 2,200 veterans and military spouses hired by Leidos, and a continued commitment to supporting our communities through volunteer hours and philanthropy.

Read the full report

Leidos recently posted its 15th annual sustainability report detailing the company’s continued sustainability journey. The report represents an ongoing commitment to advancing sustainability and building a better future for our shared planet and the communities where we live and work.

This report highlights the company’s progress toward its environmental, social, and governance goals and was prepared in accordance with the Global Reporting Initiative Standards. It is focused on three areas where Leidos concentrates its sustainability efforts:

Cultivating inclusion: Building a strong business foundation that welcomes all perspectives and provides equitable access and resources for everyone.Advancing environmental sustainability: Implementing sustainable solutions to reduce the company’s environmental footprint.Promoting healthier lives: Investing in initiatives and resources that promote the health and well-being of employees and communities.

“We are dedicated to leveraging our capabilities to enhance the sustainability of our operations, our customers’ missions and the communities in which we work,” said Tom Bell, Leidos CEO, in a cover letter accompanying the report. “Sustainability principles are embedded throughout Leidos, guiding our programs, strategies and decision-making processes.”

The report covers the 2023 calendar year and includes a variety of key successes, such as continued reduction of scope 1 and 2 emissions every year since tracking began in 2010, more than 2,200 veterans and military spouses hired by Leidos, and a continued commitment to supporting our communities through volunteer hours and philanthropy.

Read the full report

Our municipal water operations team in Novato, California, recently participated in two community events to engage students to raise awareness about the environmental sector.

On October 5th, our team represented Veolia and our partners, the Novato Sanitary District, at the Kermes Fall Festival at Lynwood Elementary. Lynwood is a dual immersion school, where all students learn English and Spanish by the end of 5th grade. We hosted a table with activities in both English and Spanish, including coloring books, bean bag games and a simulated toilet that showed kids what not to flush down the toilet.

On October 11th, we attended the Empower Tomorrow career fair at College of Marin, engaging with more than 500 8th grade students about environmental sector careers. We discussed various career paths in the water and wastewater industry, emphasizing both college graduate and non-graduate positions.

Thanks to our team and all who came out to learn more about the front lines of environmental sustainability!

Our municipal water operations team in Novato, California, recently participated in two community events to engage students to raise awareness about the environmental sector.

On October 5th, our team represented Veolia and our partners, the Novato Sanitary District, at the Kermes Fall Festival at Lynwood Elementary. Lynwood is a dual immersion school, where all students learn English and Spanish by the end of 5th grade. We hosted a table with activities in both English and Spanish, including coloring books, bean bag games and a simulated toilet that showed kids what not to flush down the toilet.

On October 11th, we attended the Empower Tomorrow career fair at College of Marin, engaging with more than 500 8th grade students about environmental sector careers. We discussed various career paths in the water and wastewater industry, emphasizing both college graduate and non-graduate positions.

Thanks to our team and all who came out to learn more about the front lines of environmental sustainability!

The automotive industry is undergoing a seismic shift as traditional internal combustion engine (ICE) vehicles give way to EVs. After U.S. EV sales surpassed 1 million for the first time in 2023, the International Energy Agency (IEA) projects U.S. EV sales to exceed 17 million by the end of 2024, marking a 20% increase from 2023. Moreover, Gartner Inc. projects EV use globally to grow in 2025 by 33%, with 85 million EVs on the road by the end of next year. This transition is reshaping global supply chains in ways manufacturers are still scrambling to adapt to. 

The report co-authored by DP World and Canary Creative, “Navigating the Opportunities and Challenges of an Electric Vehicle-Centric Manufacturing Supply Chain,” found that the EV supply chain revolution is being driven primarily by the battery—the most expensive and critical component of an EV. The battery-centric nature of EVs is forcing manufacturers to rethink how vehicles are made, stored, and shipped.

But the supply chain overhaul doesn’t stop at batteries. EVs require far fewer moving parts than their ICE counterparts—just 20, compared to 200—which means leaner production processes, but also different logistical challenges. From retrofitting factories to meet the demands of EV production, to ensuring the safe transportation of hefty batteries, the industry is being transformed from the factory floor to the customer door. Let’s dive into some of the key impacts and opportunities this shift presents for supply chains.

Battery-First Manufacturing: A Heavyweight Champion

The battery is the undisputed star of the EV show. These energy-packed giants can weigh as much as one ton, especially in popular electric SUVs. As a result, proximity between battery manufacturing and EV assembly lines has become crucial. Shipping batteries across long distances is not only expensive but also risky due to their weight and safety concerns—such as the potential for fires. Factories need specialized equipment to handle these behemoths, along with climate-controlled storage and fire suppression systems in warehouses.

Even though lithium-ion battery prices saw a slight rise in 2022, Bloomberg New Energy Finance predicts they’ll drop below $100 per kilowatt-hour by 2026, which is great news for American consumers, whose EVs typically demand 40% larger batteries than global averages. The logistics of moving these batteries around—and minimizing their environmental footprint—is a challenge and an opportunity for innovation.

Factory Retooling: Out with the Old, In with the Electric

Traditional automotive factories are getting a major facelift to accommodate the production of EVs. Retrofitting existing ICE vehicle plants to handle electric vehicles requires expensive equipment upgrades. Factories now need automated vehicles that can transport 2,000-pound battery packs from one station to the next, replacing the traditional conveyor belts used for lighter ICE components.

The changes don’t end there. EVs require far fewer parts than ICE vehicles, eliminating the need for complex casting and machining equipment used for pistons, cylinders, and camshafts. Instead, EV factories focus on simpler components like rotor hubs and magnets. This shift has pushed manufacturers to adopt bulk-metered, just-in-time delivery systems, where components are delivered in larger batches rather than meticulously sequenced deliveries.

Transportation & Storage: Safety First, Always

Shipping EVs introduces new logistical hurdles, particularly around battery safety. Batteries must be stored in climate-controlled warehouses with extensive fire safety precautions. In some cases, EV batteries are shipped separately from the vehicles to minimize fire risks during transportation. The American Bureau of Shipping has also issued guidelines for shipping EVs, recommending video monitoring and installing fire detection systems on cargo ships.

What’s more, EVs need to be charged to between 20% and 50% before shipping to reduce the risk of fires while still having enough power to move on and off cargo ships. Trucks and ships transporting EVs must also account for the heavy battery weight, which means current loading procedures may need adjustments to comply with weight limits.

Circular Economy: Recycling EV Components

The EV supply chain isn’t just about getting new cars to market—it’s also about what happens when those cars reach the end of their lifecycle. The rise of the circular economy in the EV sector is key to reducing both costs and geopolitical risks. As EV manufacturers face an uncertain future regarding access to critical minerals like lithium and cobalt, recycling and repurposing these materials is becoming a top priority.

Recycling old EV batteries and using the reclaimed minerals to build new ones not only makes financial sense but also promotes environmental sustainability. The Inflation Reduction Act (IRA) encourages this approach by offering incentives for battery materials recycled within the U.S. to qualify for domestic-content benefits, regardless of their origin.

Low-Maintenance, High-Impact Logistics

One of the perks of driving an EV is that they require much less maintenance than their ICE counterparts, thanks to having fewer moving parts. But that doesn’t mean the supply chain for EV parts disappears entirely. For instance, the heavier weight of EV batteries means tires wear out 20% faster, creating a steady demand for replacements. Additionally, while EV batteries have long lifespans, they’ll eventually need replacing—though not before 8 to 20 years or 100,000 to 200,000 miles.

This ongoing need for parts and maintenance presents a unique opportunity for logistics companies to step in and offer services that go beyond just shipping new cars. Some logistics providers are already handling light repairs and refurbishment for consumer electronics, and similar models may emerge for EVs.

A Roadmap for the Future

The rise of EVs is already reshaping the manufacturing supply chain, but the real transformation is just beginning. From battery-first production to embracing the circular economy, the logistics and automotive industries are navigating uncharted territory. While challenges like battery safety and factory retooling remain, the opportunities for innovation—and profit—are vast.

For more insights into the supply chain shifts created by the transition to electric vehicles, download the full report co-authored by DP World and Canary here: Navigating the Electric Vehicle-Centric Supply Chain.

The automotive industry is undergoing a seismic shift as traditional internal combustion engine (ICE) vehicles give way to EVs. After U.S. EV sales surpassed 1 million for the first time in 2023, the International Energy Agency (IEA) projects U.S. EV sales to exceed 17 million by the end of 2024, marking a 20% increase from 2023. Moreover, Gartner Inc. projects EV use globally to grow in 2025 by 33%, with 85 million EVs on the road by the end of next year. This transition is reshaping global supply chains in ways manufacturers are still scrambling to adapt to. 

The report co-authored by DP World and Canary Creative, “Navigating the Opportunities and Challenges of an Electric Vehicle-Centric Manufacturing Supply Chain,” found that the EV supply chain revolution is being driven primarily by the battery—the most expensive and critical component of an EV. The battery-centric nature of EVs is forcing manufacturers to rethink how vehicles are made, stored, and shipped.

But the supply chain overhaul doesn’t stop at batteries. EVs require far fewer moving parts than their ICE counterparts—just 20, compared to 200—which means leaner production processes, but also different logistical challenges. From retrofitting factories to meet the demands of EV production, to ensuring the safe transportation of hefty batteries, the industry is being transformed from the factory floor to the customer door. Let’s dive into some of the key impacts and opportunities this shift presents for supply chains.

Battery-First Manufacturing: A Heavyweight Champion

The battery is the undisputed star of the EV show. These energy-packed giants can weigh as much as one ton, especially in popular electric SUVs. As a result, proximity between battery manufacturing and EV assembly lines has become crucial. Shipping batteries across long distances is not only expensive but also risky due to their weight and safety concerns—such as the potential for fires. Factories need specialized equipment to handle these behemoths, along with climate-controlled storage and fire suppression systems in warehouses.

Even though lithium-ion battery prices saw a slight rise in 2022, Bloomberg New Energy Finance predicts they’ll drop below $100 per kilowatt-hour by 2026, which is great news for American consumers, whose EVs typically demand 40% larger batteries than global averages. The logistics of moving these batteries around—and minimizing their environmental footprint—is a challenge and an opportunity for innovation.

Factory Retooling: Out with the Old, In with the Electric

Traditional automotive factories are getting a major facelift to accommodate the production of EVs. Retrofitting existing ICE vehicle plants to handle electric vehicles requires expensive equipment upgrades. Factories now need automated vehicles that can transport 2,000-pound battery packs from one station to the next, replacing the traditional conveyor belts used for lighter ICE components.

The changes don’t end there. EVs require far fewer parts than ICE vehicles, eliminating the need for complex casting and machining equipment used for pistons, cylinders, and camshafts. Instead, EV factories focus on simpler components like rotor hubs and magnets. This shift has pushed manufacturers to adopt bulk-metered, just-in-time delivery systems, where components are delivered in larger batches rather than meticulously sequenced deliveries.

Transportation & Storage: Safety First, Always

Shipping EVs introduces new logistical hurdles, particularly around battery safety. Batteries must be stored in climate-controlled warehouses with extensive fire safety precautions. In some cases, EV batteries are shipped separately from the vehicles to minimize fire risks during transportation. The American Bureau of Shipping has also issued guidelines for shipping EVs, recommending video monitoring and installing fire detection systems on cargo ships.

What’s more, EVs need to be charged to between 20% and 50% before shipping to reduce the risk of fires while still having enough power to move on and off cargo ships. Trucks and ships transporting EVs must also account for the heavy battery weight, which means current loading procedures may need adjustments to comply with weight limits.

Circular Economy: Recycling EV Components

The EV supply chain isn’t just about getting new cars to market—it’s also about what happens when those cars reach the end of their lifecycle. The rise of the circular economy in the EV sector is key to reducing both costs and geopolitical risks. As EV manufacturers face an uncertain future regarding access to critical minerals like lithium and cobalt, recycling and repurposing these materials is becoming a top priority.

Recycling old EV batteries and using the reclaimed minerals to build new ones not only makes financial sense but also promotes environmental sustainability. The Inflation Reduction Act (IRA) encourages this approach by offering incentives for battery materials recycled within the U.S. to qualify for domestic-content benefits, regardless of their origin.

Low-Maintenance, High-Impact Logistics

One of the perks of driving an EV is that they require much less maintenance than their ICE counterparts, thanks to having fewer moving parts. But that doesn’t mean the supply chain for EV parts disappears entirely. For instance, the heavier weight of EV batteries means tires wear out 20% faster, creating a steady demand for replacements. Additionally, while EV batteries have long lifespans, they’ll eventually need replacing—though not before 8 to 20 years or 100,000 to 200,000 miles.

This ongoing need for parts and maintenance presents a unique opportunity for logistics companies to step in and offer services that go beyond just shipping new cars. Some logistics providers are already handling light repairs and refurbishment for consumer electronics, and similar models may emerge for EVs.

A Roadmap for the Future

The rise of EVs is already reshaping the manufacturing supply chain, but the real transformation is just beginning. From battery-first production to embracing the circular economy, the logistics and automotive industries are navigating uncharted territory. While challenges like battery safety and factory retooling remain, the opportunities for innovation—and profit—are vast.

For more insights into the supply chain shifts created by the transition to electric vehicles, download the full report co-authored by DP World and Canary here: Navigating the Electric Vehicle-Centric Supply Chain.

November 5, 2024 /3BL/ – Clarion Partners, LLC, a leading real estate investment manager and one of the largest owners and developers of logistics properties in the U.S., has achieved LEED certification for more than 100 industrial projects totaling over 35 million square feet under the U.S. Green Building Council’s (USGBC) LEED v4 for Warehouse and Distribution Centers Volume Program (“LEED Volume Program”).* LEED, or Leadership in Energy & Environmental Design, is the most widely used green building rating system in the world and an international symbol of excellence in green building.

In 2021, Clarion developed a LEED Volume prototype in partnership with sustainability consultants Argento/Graham for the certification of new development projects. Through the program, which focuses on the use of low-emitting building materials, energy and water efficiency, solar readiness, risk and resiliency evaluations and other elements, Clarion achieves LEED certification for development projects in a more efficient and cost-effective manner as compared to pursuing certification of individual buildings under the standard LEED program.

Obtaining LEED certification is just one of the many ways the Firm works to deliver Class A, modern, logistics facilities for tenants.

“In a competitive business environment, logistics tenants are increasingly focused on reducing the cost of their operations while also minimizing their impact on the environment,” said Managing Director Bohdy Hedgcock. “Occupying a LEED certified building helps provide assurances that their property is designed to do both.”

Phase 1 of the Manassas Logistics Center is an example of a new development which recently received LEED-Silver certification. The two-building, Class A warehouse development located within the greater Baltimore/Washington, DC market, consists of two rear-load buildings totaling 337,046 square feet. Both buildings incorporate features that help to reduce operating costs, including a high-albedo roof which aids interior temperature control, low-flow interior water fixtures, LED lighting and other energy efficiency enhancements. As part of this development,

Clarion also preserved over 41 acres of ecologically sensitive land on the site. The land preservation will support protection of the buildings from flooding.

“Clarion’s objective is to safeguard and future-proof our properties by adopting strategic ESG policies and pursuing certifications that will bolster asset valuations,” says Clarion Partners Head of ESG Karen Mahrous. “In addition to these LEED volume certifications, we strategically pursue a range of health, well-being, and efficiency-focused certifications for properties across our portfolio.”

*LEED Building Design and Construction certifications are issued by Green Business Certification Inc. (GBCI). Certifications are issued at the time of building development or major renovation and last in perpetuity. Rankings range from Certified to Platinum level for individual properties. Properties must pay registration and review fees to pursue LEED certifications.

About Clarion Partners, LLC 

Clarion Partners has been a leading real estate investment manager for over 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. With over $74 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to approximately 500 institutional investors across the globe. Clarion is scaled in all major property types and was an early entrant into the Industrial sector. The Firm’s global industrial team manages a 1,000+ property portfolio in the U.S. and Europe consisting of more than 253 million square feet. Clarion Partners is an independent subsidiary of Franklin Templeton. Visit www.clarionpartners.com for more information.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of September 30, 2024. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.

Press Contact: 
Natalie Evertson 
Natalie.Evertson@ClarionPartners.com 
212-883-2595

Disclaimer: Nothing herein constitutes an offer or solicitation of any product or service to any person or in any jurisdiction where such offer or solicitation is not authorized or is prohibited by law.