– CoreNet Global Recognizes Green Standards As Winner of 2020 Global Innovator’s Award for Professional Excellence and Sustainable Leadership in Corporate Real Estate. –
Green Standards Competed with Winners and Finalists in Each CoreNet Global Awards Category and Won the 2020 H. Bruce Russell Global Innovator’s Award Presented Virtually at the 2020 CoreNet Global Virtual Summit
Toronto (Oct 30th, 2020) – CoreNet Global, the leading professional association for corporate real estate, workplace and economic development professionals, has announced Green Standards Ltd (GSL) as the winner of its most coveted award, the H. Bruce Russell Global Innovator’s Award (GIA). Sponsored by Gensler, the annual global best practice awards are presented each year to leading organizations that demonstrate best-in-class practices in advancing thought leadership in corporate real estate.
Green Standards’ unique approach to corporate asset management provides businesses with a responsible cost-effective way to redistribute surplus office furniture and equipment. Now working with 22 Fortune 100 companies, GSL has managed workplace decommission efforts on several of the largest corporate real estate portfolio modernizations and refreshes in history – often to the order of millions of square feet and tens of thousands of employees’ worth of furniture and equipment.
This innovative offering gives corporations the ability to turn a conventionally wasteful process into an opportunity that helps them exceed the goals established in their various CSR reporting mandates.
To date, Green Standards’ circular economy-inspired office solution has diverted more than 73 thousand tons of office furniture and equipment from landfills (a 98.6% diversion rate) and made in-kind donations of more than $30 million to thousands of non-profits across North America.
“Green Standards is delivering the kind of results-oriented innovation that the H. Bruce Russell Global Innovator’s Award is intended to recognize,” Tim Venable, Senior VP of Research and Content Development at CoreNet Global said. “Its approach is generating value for businesses, communities and the environment.”
What began as a service that coordinated between corporations with surplus office furniture and non-profits, has evolved into a solution that includes corporate project management, multi-channel asset redistribution, non-profit engagement, storytelling (PR), and industry-leading environmental reporting.
Judges drawn from senior leaders in the association selected winners in the Professional Excellence and Sustainable Leadership categories. These winners and finalists competed virtually in July for the prestigious Global Innovators Award, with the winner being announced at the CoreNet Global Virtual Summit in October.
“As companies have seen a need to be more transparent and responsible with their decommission projects, we’ve seen the demand for our process grow significantly.” – Trevor Langdon, President of Green Standards.
For many organizations, their real estate footprint is the largest component of their environmental impact. EPA estimates that 8.5 million tons of fixtures, furniture and equipment are sent to landfills each year in the US alone, costing Americans up to $750 million spent annually on landfill tipping fees.
“When we started, this was a service that people hadn’t even conceived of as an option. Fast-forward ten years, and we’re increasingly seeing Fortune-sized clients expecting a service like ours that can be employed across their portfolio. This is a testament to the changing times, but also to how our work has influenced the industry.”
– Richard Beaumont,
Founder and CEO of Green Standards
Green Standards notable clients span all sectors, including projects with General Motors, Adobe, Georgia-Pacific, United Airlines and more.
About CoreNet Global
CoreNet Global is a non-profit association, headquartered in Atlanta, Georgia (US), representing more than 11,000 executives in 50 countries with strategic responsibility for the real estate assets of large corporations.
The organization’s mission is to advance the practice of corporate real estate through professional development opportunities, publications, research, conferences, designations and networking in 46 local chapters and networking groups globally. For more information, please visit www.corenetglobal.org or follow @CoreNetGlobal on Twitter.
About Green Standards Ltd.
Green Standards Ltd. is an enterprise solution that sustainably manages the resale, recycling, and donation of office furniture and equipment across North America.
By working with forward-thinking companies, Green Standards’ managed program recovers usable resources and repurposes valuable office products to the benefit of businesses, the environment, and communities.
To date, Green Standards have diverted 73,000+ tons of workplace furniture and equipment from landfill (a 98.6% diversion rate) and generated over $31 million of in-kind donations to 5,000+ non-profits and communities.
Media Contact: Marc Borins, 1-855-632-8036