Hudson Pacific's electricity consumption is now all carbon neutral. In a three-year partnership with Calpine Energy Solutions, the firm has acquired the environmental attributes associated with 577,000 megawatt-hours from Horse Hollow III Wind Farm, located in Wingate, Texas. The deal should offset Hudson's greenhouse gas emissions by approximately 121,500 metric tons of CO2 over the next three years.

"At Hudson Pacific Properties, we are focused on identifying solutions for the most pressing environmental and social challenges facing our core markets, which includes issues related to climate and energy," Natalie Teear at Hudson Pacific Properties tells GlobeSt.com. "This most recent agreement to make our electricity consumption carbon-neutral is part of our ongoing efforts to implement sustainability best practices. In fact, we've set a long-term goal to meet, if not exceed, our greenhouse gas emissions reduction target of 15% by 2025."

This latest agreement is a milestone in the firm's sustainability efforts, according to Teear. "It also perfectly aligns with current carbon neutrality policies within our core markets and the priorities of our employees and tenants," she says. "Moving forward, we will continue to drive real estate solutions and cross-sector partnerships to create business value and contribute to sustainable, equitable, healthy and diverse communities."