EDENS’ Sustainability Progress: The Big Picture

We always have the big picture in sight, but continue to focus on making a measurable, positive impact on the well-being of our employees, our retail partners and the communities where we operate.

As an organization, we recognize the urgent need to address climate change and reduce our carbon footprint to create a better  future for our planet and future generations. EDENS has been 100% carbon neutral in all common areas since 2015, and we are striving to be carbon neutral for all our buildings. EDENS Sustainability Scorecard benchmarks our developments and ensures that we sustain forward momentum as best practices in the industry become more advanced.

Since 2022, we reduced common area energy consumption by 831,000 KWh, saving $190,000 in operating expenses. This 4% reduction is equivalent to the greenhouse gas emissions from driving 1 million miles. Installing high-efficiency fixtures and smart controls at 110 properties has reduced maintenance costs and consumption while improving lighting quality and customer comfort.

Since installation in 2012, 880 solar panels at Boston’s 44-acre South Bay center have generated over 4 million kWh of electricity, effectively keeping 2,700 metric tons of carbon dioxide out of the atmosphere—equivalent to the air filtering of 45,000 trees or 307,000 gallons of gasoline. In the last three years, we’ve added 340 solar panels in Union Market District. These systems generate an average of 130 MWh of electricity per year, effectively keeping 87 metric tons of carbon dioxide out of the atmosphere equivalent to 9,800 gallons of gasoline annually.

Our alternative fuel consumption includes electric vehicles for security and guest shuttles to our places. We have 157 charging stations across 21 properties. In addition to our ongoing efforts, we’ve annually purchased Renewable Energy Credits (RECs) since 2015 to offset our environmental impact. A REC represents the environmental attributes of 1 MWh of renewable energy generated and delivered to the power grid.

Our purchase totaling 258,000 MWh has offset 200,000 tons of CO2 from conventional electricity generation, the equivalent to the CO2 emissions from 20 million gallons of gasoline or the greenhouse gases from more than 39,000 passenger vehicles. This purchase signifies that our common area electric consumption was generated by a zero-emissions renewable energy source like solar, hydropower and wind.