Kendall Square

Bulfinch’s Green Portfolio

Pursuing energy conservation and decarbonization measures across its assets is a passion for Bulfinch, which has implemented strategic partnerships, stormwater management designs, green roofing, and more to champion sustainability across their portfolio. 

Building a Sustainability Committee

Bulfinch has an internal Sustainability Committee, whose mission statement is as follows: Bulfinch’s environmental commitment and social responsibility efforts create trust with its stakeholders and serve to protect and enhance the communities in which we work and live.

The Sustainability Committee is made up of individuals across departments and varying levels of the firm ranging from entry level to Senior Leadership. The committee meets monthly to discuss planning, goals, initiatives, and action items to track the firm’s progress and ensure that we are working to incorporate sustainable practices in all areas of its business. Bulfinch’s Governance approach strives to enhance the firm’s corporate policies and procedures, ESG plans and overall strategic vision. The company has established internal committees with specific areas of focus (DE+I, Sustainability, Bulfinch Engage, Investment, Valuation, Technology and Asset Management) designed with goals and objectives to further Bulfinch’s commitments and implement meaningful change. Together, they collaborate across departments and identify strategic partnerships with industry experts to advance its mission to Discover + Deliver value to all its stakeholders. Bulfinch’s strategy is to track, monitor, and report property ESG+R performance to comply with benchmarking/disclosure, audit, and performance mandates. Bulfinch tracks portfolio-wide utilities and emissions through an energy star portfolio manager database platform. Its Property Management team utilizes Building Management Systems (BMS) at each of its properties.

Bulfinch regularly provides the Property Management team with sustainability guides and checklists as well as training, resources and guidance to update ENERGY STAR on an on-going basis. In addition, key members of its Property Management team are directly involved in helping its partners (investors, tenants, lenders and other key stakeholders) advance their ESG initiatives.

Owning and Operating More Sustainable Buildings

Bulfinch evaluates and pursues energy conservation and decarbonization measures across its assets. There are several carbon reducing design practices Bulfinch considers. These are considerations as alternatives may provide more advantages given a project’s unique characteristics. Common strategies to help reduce carbon consumption include displacement ventilation, geothermal heat pumps, photovoltaic systems, dual-duct, dual-fan systems, energy-recovery systems, façade/roof insulation, passive solar design, active shading systems, passive ventilation, variable speed drives and green demolition.

There are also several operating practices Bulfinch considers to reduce a building’s footprint. Similar to building design considerations, these operating practices are considerations as alternatives may provide more advantageous given a project’s unique characteristics including green energy procurement, robust BMS building energy management system, LED lighting, low flow plumbing fixtures and appliances, replacing fossil fuel-powered equipment with electric, robust recycling and composting programs, ban all single use plastic items, and abundance of green plants inside and outside.

In keeping with Bulfinch’s commitment to sustainability, Bulfinch incorporates green design elements and materials into all of its properties, in an effort to minimize negative impacts on the natural environment. Energy and water efficiency design elements in addition to sound planning, design, engineering and construction techniques are crucial to this mission and are executed on all Bulfinch’s projects, regardless of size or budget. Examples include:

Stormwater Management at Cambridge Discovery Park

The stormwater management design for Cambridge Discovery Park was developed to take advantage of nature’s treatment efficiency with the creation of a Pocket Wetland in accordance with the Massachusetts Stormwater Handbook guidelines. The Pocket Wetland provides areas of low and high marsh zones, as well as, areas of deep water to support stormwater management treatment and provide natural habitat adjacent to the Little River. Additional benefits from the stormwater management system include:

Sustainable Transportation/ Cycling 

Bulfinch encourages sustainable transportation efforts with local organizations to encourage shuttle ridership, ride shares and other alternative transportation options for its tenants. Bulfinch provides various efforts to promote cycling at Osborn Triangle including:

Collaborating with Other Stakeholders

Bulfinch takes a strategic approach to evaluating and targeting partnerships with environmental organizations and third-party certifications. The company believes that these collaborations and certifications help demonstrate Bulfinch’s sustainable commitments and communicate its dedication to creating a sustainable environment with its portfolio and the communities in which it owns and operates.

Bulfinch works to incorporate sustainable programs such as Green City Growers to engage tenants in green amenity programs where tenants can help and get to choose what to grow in the green space outside of the buildings.

The partnership with Green City Growers provides urban farming at several life science and office properties, including Osborn Triangle and Cambridge Discovery Park. These edible landscape installations (raised planting beds) are celebrated by employees, tenants and the community. The raised planting beds provide a biodiverse food production landscape for tenants with immediate access to hyper-local food while inspiring self-sufficiency through engagement. Tenants learn how to grow their own vegetables with the professional assistance from the Green City Growers team and can participate in seasonal weekly sessions for all skill levels and are able to take the produce home after it’s grown creating a true wellness in the workplace experience. In 2022, Osborn Triangle tenants harvested 48.3 pounds of produce!

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