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CB Richard Ellis Group, Inc. 2007 World Conference: Gold Level Emissions Offset Achievement PDF Print E-mail
Press Release

Madison, WI January 9, 2008—Leonardo Academy announced today the release of the post-event emissions offsets report for the CB Richard Ellis Group, Inc. September 2007 World Conference and further announced that this event has earned Gold Level Certification for offsetting event emissions under Leonardo Academy’s Cleaner and Greener® Certification Program. To earn this level of certification, the CB Richard Ellis conference offset more than 200% percent of its carbon dioxide emissions that affect climate and more than 60% of each of the emissions covered by the program that affect health. The final report, containing graphics that show the sources of the emissions, the emissions and the offsets, can be downloaded from: www.leonardoacademy.org/Resources/reports/index.htm.

The Leonardo Academy’s Cleaner and Greener® Program certifies organizations and events for offsetting emissions from  energy use. This program addresses the emissions that impact both human health and climate. Leonardo Academy worked with CB Richard Ellis to calculate the emissions caused by this event and gathered donations to support offsetting these emissions. Michael Arny, President of Leonardo Academy, said, “Reducing and offsetting emissions that affect climate and health is a critical part of reducing our environmental impacts. Everyone can take action and follow the leadership of CB Richard Ellis and the donors that supported these emissions offsets."

In Kind Offset Donations:

Bull Frog Power (www.bullfrogpower.com), a provider of 100% clean, renewable energy based in Canada, donated 59,077 kWh of renewable electricity generated by wind power and low head hydro to help cover the electricity used by the conference center for the event.

Basin Electric Power Cooperative, a consumer-owned, regional cooperative based in Bismarck, North Dakota, donated 1,958,480 kWh of green tags from their waste heat recovery projects located in North Dakota and South Dakota.

Financial Donations to Purchase Offsets:


Major donors that funded the purchase of emission offsets for the conference included: EMC (www.emc.com), Energy Advantage (www.energyadvantage.com), SANZ (www.sanz.com), Sun Life Assurance (www.sunlife.com), Sustainable Finance Ltd. (www.sflnet.com), MDEnergy, and (http://www.enernoc.com/mdenergy.html), Liberty Property Trust (www.libertyproperty.com). A list of additional noteworthy donations can be found at: http://www.cleanerandgreener.org/eventcertification/events/CBRE2007WC.htm.

Purchased Offset Provider:

Leonardo Academy conducted a competitive procurement to purchase the renewable energy credits to help offset this event. Community Energy was selected as the provider of the purchased offsets.
 

About CB Richard Ellis: CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 Company headquartered in Los  Angeles, is the world’s largest commercial real estate services firm (in terms of 2006 revenue). With over 24,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. In 2007, CB Richard Ellis was named one ofthe 50 “best in class” companies by BusinessWeek, and one of the 100 fastest growing companies by Fortune. Please visit our website at www.cbre.com.

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