Sustainability

Mission Statement

At LBA, our efforts are guided by our Sensible Sustainability Strategy—a practical, results-driven approach that mitigates risk, aligns cost with return on investment, and creates long-term value across our portfolio. We are committed to initiatives that deliver measurable property-level outcomes while contributing to broader environmental and community impact.

We focus on conserving resources while maximizing value for all stakeholders—team members, investors, customers, partners, and the communities where we live, work, and invest.

We believe that an engaged workplace is fundamental to our success. By promoting meaningful relationships, expanding opportunities, and supporting professional growth, we create an environment where our team members can thrive. Our commitment to charitable giving and community engagement is deeply embedded in LBA’s culture and continues to shape our social impact.

We understand that sustainability, talent and culture, and performance are interconnected. With a values-driven approach, we integrate sustainability into our investment strategy, delivering long-term financial performance while actively managing risk and building resilience across our portfolio.

Annual Sustainability Report

Each year, LBA prepares an Annual Sustainability Report to share our results with our stakeholders and demonstrate our continued commitment in this area.

2025 Sustainability Report

Company Recognition

ENERGY STAR Partner of the Year

2019, 2020, 2021, 2022, 2023 & 2024

LBA Realty - Sustainability - Awards - Energy Star

LBA Realty - Sustainability - Awards - Energy Star 2021

Award Description

LBA has achieved the ENERGY STAR Partner of the Year award with Sustained Excellence. Sustained Excellence is the highest honor awarded by the ENERGY STAR program. Winners are part of a distinguished group that has made a long-term commitment to fight climate change and protect public health through energy efficiency. The ENERGY STAR award is a national recognition by the U.S. Environmental Protection Agency and U.S. Department of Energy.

ENERGY STAR Premier Member of Certification Nation

Award Description

LBA celebrated the 30th Anniversary of ENERGY STAR by becoming a Premier Member of Certification Nation. The Certification Nation is a one-time special recognition that the EPA launched to recognize organizations earning multiple ENERGY STAR certifications. To earn ENERGY STAR, a commercial building or industrial plant must be independently verified to operate more efficiently than 75% of similar properties nationwide. ENERGY STAR certified buildings use an average of 35% less energy and are responsible for 35% less carbon dioxide emissions than typical buildings.

Green Lease Leaders - Gold Level

2019, 2022 & 2025

Award Description

LBA received national recognition from the Institute for Market Transformation and Department of Energy’s Better Buildings Alliance as a 2019, 2022 & 2025 Green Lease Leader — Gold Level. Green Lease Leaders is a recognition program, awarded every three years, that sheds light on forward thinking companies that effectively modernize their leases and sustainability strategy to encourage collaborative action with all stakeholders on energy efficiency and sustainable operations.

BOMA Philanthropic Company of the Year

2018

LBA Realty - Sustainability - Awards - BOMA

Award Description

BOMA Orange County recognized LBA as the BOMA Philanthropic Company of the Year for volunteer time and financial contributions toward supporting organizations such as Pediatric Cancer Research Foundation, Boys & Girls Club, Make a Wish Foundation and more. Corporate responsibility and community outreach are essential elements of LBA’s core values and operating philosophy. The LBA Foundation is dedicated to identifying key organizations, energizing employees and partnering with our employees and tenants to support their charitable causes.

IREM Community Award of Excellence in Philanthropy

Award Description

The Community Award of Excellence recognizes an organization or individual who has made outstanding contributions to the community through their leadership roles and motivation of others in philanthropic efforts to support their community. LBA was selected for this award predominantly due to the successful sponsorship of a virtual food drive for the Second Harvest Food Bank. At the time, LBA was the largest food drive sponsor in the history of the food bank, raising proceeds to support over 200,000 meals.

Property Recognition

ENERGY STAR® Certified Buildings

EnergyStar-PROP

The Campus, Park Place

Irvine, CA

Park Place II

Irvine, CA

One Culver

Culver City, CA

South Park Center

Los Angeles, CA

LBA is a recipient of the ENERGY STAR Partner of the Year award for outstanding efforts in energy management and has been recognized as a premier member of the ENERGY STAR Certification Nation. LBA tracks all office buildings and industrial where feasible, in Portfolio Manager and demonstrates the commitment to save energy, protect the environment and conserve for the future through obtaining ENERGY STAR certifications. ENERGY STAR certified buildings use 35% less energy and cause 35% fewer greenhouse gas emissions than similar buildings.

LEED Certified Buildings

LEED-PROP

The Campus, Park Place

Irvine, CA

Park Place II

Irvine, CA

One Culver

Culver City, CA

South Park Center

Los Angeles, CA

600 Townsend

San Francisco, CA

255 California Street

San Francisco, CA

2100 Powell

Emeryville, CA

LBA is a gold member of the U.S. Green Building Council (USGBC) and utilizes LEED as a framework to ensure we are operating all of our buildings with the highest standards of building operations and efficiency.

Boma 360

BOMA-PROP

3121 Michelson

Irvine, CA

The Campus, Park Place

Irvine, CA

Denver Place

Denver, CO

510 Airline Dr

Coppell, TX

BOMA 360 is a commercial real estate designation developed by the Building Owners and Managers Association International (BOMA) that recognizes all-around excellence in building operations and management. Unlike typical “green” rating programs, BOMA 360 looks at all areas of a building’s operations and management, including energy and sustainability.

Fitwel

Fitwell-PROP

The Campus, Park Place

Irvine, CA

Park Place II

Irvine, CA

One Culver

Culver City, CA

The Fitwel program was created by the U.S. Centers for Disease Control and the General Services Administration to optimize healthy buildings, decrease disease, improve mental health, encourage social interaction, and increase civic trust and overall well-being. LBA has achieved a Fitwel certification and is actively in process of certifying additional buildings across the portfolio. We will continue to expand this program as LBA is committed to health and wellness in all of our buildings.

UL Verified Healthy Building Program

UL-PROP

One Culver

Culver City, CA

Park Place II

Irvine, CA

The Campus, Park Place

Irvine, CA

South Park Center

Los Angeles, CA

LBA was the first company globally to achieve the UL Verified Healthy Building Mark for Indoor Environment across our office portfolio. To earn the UL Verification Mark, buildings must undergo a rigorous, science-based assessment that includes visual on-site inspections and comprehensive performance tests that evaluate a range of building conditions, including indoor air and water quality.

WELL Program

Well-PROP

550 South Hope

Los Angeles, CA

285 Sobrante Way

Sunnyvale, CA

The WELL Building Standard is a globally recognized framework for advancing health and well-being in buildings and communities. It focuses on key concepts such as air, water, nourishment, light, movement, thermal comfort, sound, materials, mind, and community. LBA is committed to incorporating WELL principles into our properties to prioritize wellness and deliver a better environment for tenants and visitors, supporting occupant health, enhancing productivity, and promoting sustainability.

Sustainability in Practice

LBA advances our office sustainability strategy through data-driven insights, operational innovation, and resource efficiency—enhancing performance, reducing environmental impact, and delivering long-term value through the following initiatives:

Utility Data & Benchmarking

LBA leverages ENERGY STAR® Portfolio Manager® to benchmark utility data, monitor performance, and ensure regulatory compliance. In support of continuous improvement and transparency, this process uncovers opportunities to reduce costs and environmental impact across energy, GHG emissions, water, and waste metrics.

Energy, Water & Waste Audits

In collaboration with certified engineers, LBA conducts comprehensive audits to identify efficiency opportunities, reduce resource consumption and costs, and support decarbonization goals.

Energy Efficiency

Energy efficiency is central to our sustainability strategy. We optimize building operations through smart controls, high-efficiency systems (e.g., LED lighting, HVAC), and technologies such as window tinting and cool roofs to reduce energy use and operating expenses.

Emissions Reduction

We reduce carbon emissions by investing in energy-efficient technologies, exploring electrification strategies, and integrating renewable energy where feasible. Through targeted system upgrades, we aim to phase out natural gas use. By sharing best practices across our portfolio, we expand our impact and support broader emissions reductions in alignment with our sustainability goals.

Renewable Energy & Clean Tech

Solar: We assess properties for solar installations to provide clean, cost-effective energy solutions.
Energy Storage: We explore storage solutions to reduce peak demand charges and enhance grid reliability.
EV Charging: We evaluate the feasibility of EV charging infrastructure as a value-added amenity for our office properties, while leveraging available incentives to support implementation.