Clarion Partners Selected as 2023 Green Lease Leader

Press Release

Clarion Partners 2023 Green Lease Leaders Gold

​​​​​​The winners, announced today at the DOE’s Better Buildings Summit, exemplify a growing shift toward sustainability and equity in commercial and industrial real estate strategy​​​

New York, NY (April 12, 2023) - Today, the Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance announced Clarion Partners LLC (“Clarion") as a 2023 Green Lease Leader during the Better Buildings, Better Plants Summit.*

IMT estimates that green leases can help reduce utility bills by up to approximately 50 cents per square foot in U.S. office buildings alone, making this a meaningful initiative for Clarion Partners. Launched in 2014, Green Lease Leaders sets standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality improvement, and sustainability in buildings.

Clarion Partners has achieved gold-level recognition for the second time in a row. To receive this recognition, Clarion incorporated language on energy efficiency and sustainability best practices such as utility data tracking and sharing, cost recovery for capital improvements, and sustainability training in standard leases.

“Partnering with tenants is a core component of our ESG program. We strive to work with our tenants to meet shared goals. Incorporating green lease language helps formalize this shared commitment to ESG and sustainability initiatives," said Karen Mahrous, Head of ESG for Clarion Partners.

Clarion Partners is proud to be part of the national trend toward green leases in commercial spaces. We believe the overall program growth suggests that green leases are a valuable tool for improving buildings, fostering tenant relationships, and supporting environmental goals.

Learn more about Green Leasing by visiting or reading Green Lease Leaders' case studies.

* Green Lease Leaders Gold designation is issued by the Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance. Designations range from silver to platinum and are valid for three years, after which recipients are invited to reapply. 




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