Why 32 of our offices are leading with LEED

July 24, 2017

Michael Barry, Head of Sustainable Business Operations at Bloomberg explains how and why we create workspaces that energize employees, promote innovation and are also eco-friendly.

Design is a core component of our culture, and so is sustainability. Every decision we make around our building design takes into consideration operational efficiency and environmental sustainability.

To date, Bloomberg has 32 office spaces that are certified by the Leadership in Energy and Environmental Design (LEED): 16 of our spaces have achieved LEED Platinum (the highest rating) and another 16 have achieved LEED Gold (the second highest rating).

LEED is an internationally recognized green building certification system administered by the U.S. Green Building Council. Buildings with LEED certifications have been designed and constructed to reduce energy and water usage, promote better indoor air quality and reduce the environmental impact of construction materials and waste.

“When seeking new Bloomberg office locations and spaces, our group always keeps sustainability considerations in our search criteria — to ensure that all new office developments, refurbishments and expansions are certified or built to LEED standards.” says Lauren Smith, Global Head of Workplace Operations.

Bloomberg News bureau in Budapest received LEED Platinum certification in 2014.

Our sustainable offices

Developing a large portfolio of environmentally-certified office spaces is an important component of our facilities strategy. Our first LEED project was the San Francisco Pier 3 office, which achieved LEED Gold certification in 2008.  Today, nearly half of our employees work in LEED certified office spaces, with an anticipated 70% occupying a third-party environmentally certified office by the end of 2018.

“We are creating global workplaces that our employees can be proud of coming into every day. It’s not just a reflection of our commitment to minimize our environmental impact, but also our company culture to encourage productivity and collaboration facilitated by well-thought-out design,” says Lauren.

Our São Paulo office is LEED Platinum certified and features open meeting areas.

The impact of a smarter, cleaner business

LEED certification sets the highest standards for sustainable building operations. Curtis Ravenel, Global Head of Sustainable Business & Finance explains, “Our LEED certified offices reduce operating costs and our environmental impact, while improving the health and well-being of the occupants — fitting perfectly with our commitment to sustainability.”

For example, the bathroom and pantry fixtures we installed have reduced potable water usage by 37%, resulting in an estimated savings of nearly 21 million gallons of water to date.

Bloomberg pantry in the 120 Park New York office, a LEED Gold certified building.

Our lighting power has been reduced by 22%, saving an estimated 4 million kWh to date — the equivalent of the annual electricity use of 415 homes. We also diverted 85% of construction waste from landfills, which resulted in 25 million pounds of construction materials being recycled.

On top of that, we as employees can make a difference in our communities. “Our office spaces are designed to help reduce our consumption of materials, encouraging employees to recycle and compost waste. A practice that many employees incorporate into their personal lives,” says Curtis.

LEED certification is a prime example of a best-in-class standard being put to use at Bloomberg that makes sense for business and the community.

To find out more about our sustainability efforts view our 2016 Impact Report.