The KPREIT team accepting the NEPA Green Business Jamaica Award Certificate of Achievement in November 2023

We accept that climate change is a pressing global issue and investment in real estate without sustainability consciousness has a significant impact on the environment. Over the past years, we have increased initiatives to measure and reduce our carbon footprint and mitigate our impact on the environment. In 2022, we officially launched our Green Policy to guide our internal actions and external partnerships with the goal of positively contributing to environmental protection, increasing awareness, and promoting sustainability. Driven by the findings of an energy assessment, we worked diligently to improve our energy efficiency through a series of projects and awareness initiatives.

We installed an energy management system (EMS) at Grenada Crescent and did a company-wide review which led to the introduction of lighting controls, such as occupancy sensors, automatic faucets for restrooms, temperature control fixtures, and new landscaping techniques to incorporate rainwater harvesting. We also increased the use of ceiling fans for air circulation in areas that do not require air conditioning, completed the migration to electronic document storage, and launched our weekly “Green Tips” sensitization campaign for stakeholders.

We continue to incorporate sustainable design principles in our development projects including the use of energy-saving LED, solar, and wind-powered extractors, natural lighting, eco-friendly materials, water conservation systems, and waste management practices. For these efforts and more, we received the Green Business Gold Award from the National Environment and Planning Agency. Our strategy is to stay one step ahead of official requirements by implementing an active environmental management system and continuously improving our environmental standards.