CREF has helped clients achieve real energy savings in support of ESG and sustainability initiatives; is partnering with equipment manufacturers to integrate the necessary data to track key components of a program; and can implement many of the specific technologies with our engineering expertise.
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The environmental impact directly related to energy production is vast and is an issue we are working to change on a global scale. At CREF, we understand how Operators and Asset Owners can capitalize on ESG initiatives, to ensure they are positively managing their company’s carbon footprint.
Since 2010, we have helped one of our key partners avoid the emission of Greenhouse Gases across their entire hospital portfolio, resulting in a total savings of $23.1-million. By investing in various building improvements and green initiatives – lighting retrofits, ventilation, plumbing, solar development – our client achieved significant annual cost savings, while at the same time offsetting the impact that carbon emissions have on the communities we serve.
As a direct result, our client avoided release of 18,013 metric tons of CO2 in 2021. This financial savings is equal to revenue from 2,444 inpatient days per month; taking 2,338 cars off the road for one year; planting 115,017 trees and letting them grow for a decade; and energy used in 2,170 homes for one year.
Over the past ten years, energy conservation has provided a cost savings of $18.3-million, with another $4.8-million in savings due to combined health and climate benefits ($2.7-million from adverting negative impacts of climate change and $2.1-million from reductions in air pollution) for a total of $23.1-million.
We’re able to concurrently manage thousands of complex healthcare-based projects at any give time.
Representative projects include:
CREF if your scalable solution – whether as an extension of your facilities group across a large geographical footprint, or being able to assess early potential projects
CREF has been instrumental in helping us manage our growth from 9 to 40 hospitals. They help us prioritize and manage capital requests, understand the complexities of our geographic footprint and our healthcare asset portfolio, and so this with a responsiveness that feels like we’re all one team.
John Polanowicz
Former Steward COO, Hospital President
iCREF is a fully integrated asset management software suite that manages all aspects of your corporate facilities and property projects.
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