Physicians Realty Belief (NYSE: DOC) (the “Firm”) has been awarded the 2023 ENERGY STAR® Accomplice of the 12 months by the US Environmental Safety Company (EPA) and the US Division of Vitality (DOE).
“We’re honored to obtain the ENERGY STAR Accomplice of the 12 months award for the second time in three years,” stated John T. Thomas, the corporate’s president and chief govt officer. “We’re dedicated to being leaders within the healthcare and business actual property industries on the subject of managing our properties in an environmentally accountable method on behalf of our group members, traders, healthcare companions and the communities we care about. we serve. ENERGY STAR is a vital part of our vitality administration program and our success.”
Every year, the ENERGY STAR program honors a choose group of firms and organizations which have made excellent contributions to the transition to a clear vitality financial system. ENERGY STAR award winners lead their industries within the manufacture, sale and adoption of energy-efficient merchandise, houses, buildings, providers and methods. These efforts are important to combating the local weather disaster, defending public well being, and making a clear vitality future for all.
“As we speed up historic efforts to handle local weather change, public-private partnerships will likely be important to realizing the size of our ambition,” stated EPA Administrator Michael S. Regan. “I applaud this 12 months’s ENERGY STAR awardees for working with the EPA to ship a clear vitality future that saves American shoppers and companies cash and creates jobs.”
As an ENERGY STAR companion since 2014, DOC has made an ongoing, long-term dedication to include one of the best rules of environmental impression into our enterprise in a considerate and accountable method. In 2020, we started highlighting these efforts by releasing our annual ESG report (https://www.docreit.com/esg/) which particulars the progress we proceed to make in decreasing vitality, emissions and consumption, in addition to waste diversion, amongst different ESG objectives and achievements. DOC additionally continues to make nice strides in pursuing cost-effective or cost-free efficiencies throughout our portfolio, whereas leveraging ENERGY STAR Portfolio Supervisor evaluation to prioritize initiatives with probably the most vital environmental and monetary impression.
In early 2022, the U.S. Division of Vitality restarted its ENERGY STAR licensed program for medical workplace buildings and DOC earned 10 retroactive designations for 2021. These 10 certifications accounted for 15% of the entire of medical workplace buildings that achieved nationwide DOE certification throughout this preliminary interval. Moreover, DOC earned 16 new certifications in 2022, which helped us obtain “Premier Member” standing in ENERGY STAR’s “Certification Nation 2022” platform in celebration of ENERGY STAR’s thirtieth anniversary.
ENERGY STAR award winners are chosen from a community of hundreds of ENERGY STAR companions. For a whole checklist of 2023 awardees and extra info on the ENERGY STAR awards program, go to www.energystar.gov/awardwinners.
About ENERGY STAR®
ENERGY STAR® is the government-supported image for vitality effectivity, offering easy, credible and unbiased info that customers and companies depend on to make knowledgeable choices. 1000’s of business, business, utility, state and native organizations, together with greater than 40% of the Fortune 500®, depend on their partnership with the US Environmental Safety Company (EPA) to supply vitality environment friendly options to low value. Since 1992, ENERGY STAR and its companions have helped American households and companies keep away from greater than $500 billion in vitality prices and obtain greater than 4 billion tons of greenhouse gasoline reductions. Further common info on ENERGY STAR impacts is accessible at www.energystar.gov/impacts and statewide info is accessible at www.energystar.gov/statefacts.
About Physicians Realty Belief
Physicians Realty Belief is a self-managed actual property firm organized to accumulate, selectively develop, personal and handle healthcare properties which might be leased to physicians, hospitals and healthcare supply methods. The Firm invests in properties that are integral to the supply of top quality healthcare. The Firm is a Maryland actual property funding belief and has elected to be taxed as a REIT for US federal earnings tax functions. The Firm conducts its enterprise via an UPREIT construction through which its actual property is owned by the Working Firm, both immediately or via a restricted partnership, restricted legal responsibility firm or different subsidiaries.
Ahead-Trying Statements
This information launch comprises statements which might be “forward-looking statements” inside the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended, pursuant to the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements will be recognized by means of phrases akin to “anticipate”, “imagine”, “count on”, “estimate”, “plan”, “prospects”, “proceed”, “intend ” and “mission” and different comparable expressions that predict or point out future occasions or traits or that aren’t statements of historic issues. These forward-looking statements could embody statements relating to the Firm’s strategic and operational plans, the Firm’s capability to generate inside and exterior progress, future prospects, projected money returns, most charges or property returns, the early termination of actual property acquisitions , the flexibility to execute its enterprise plans and the impression of the COVID-19 pandemic on the Firm’s enterprise. Whereas forward-looking statements replicate our good religion beliefs, they aren’t ensures of future efficiency. Ahead-looking statements shouldn’t be construed as a assure of future efficiency or outcomes and won’t essentially be correct indications of the occasions when or by which such efficiency or outcomes will likely be achieved. Ahead-looking statements are primarily based on info obtainable on the time such statements are made and/or administration’s good religion perception at the moment as to future occasions and are topic to dangers and uncertainties that might trigger precise efficiency or outcomes differ materially from these expressed or implied by the forward-looking statements. These forward-looking statements are topic to varied dangers and uncertainties, not all of that are identified to the Firm and lots of of that are past the Firm’s management, which might trigger precise outcomes to vary materially from such statements. Such dangers and uncertainties are described in higher element within the Firm’s filings with the Securities and Alternate Fee (the “Fee”), together with, with out limitation, the Firm’s annual and periodic experiences and different filings with the Fee. Until required by legislation, the Firm disclaims any obligation to replace any forward-looking assertion after the date of this launch, whether or not because of new info, future occasions or in any other case. For a dialogue of things that might have an effect on the Firm’s outcomes, efficiency or transactions, please see Half I, Merchandise 1A (Threat Elements) of the Firm’s Annual Report on Kind 10-Okay for the fiscal 12 months ended December 31 2022.
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