Hudson Pacific Properties Releases Inaugural Corporate Responsibility Report

Victor Coleman, Chairman and CEO of Hudson Pacific, said: We believe that environmental stewardship, social responsibility, and good governance are integral to the operational and fiduciary excellence that drives our business forward.

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Monday, June 3, 2019
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Summary
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  • Victor Coleman, Chairman and CEO of Hudson Pacific, said: We believe that environmental stewardship, social responsibility, and good governance are integral to the operational and fiduciary excellence that drives our business forward.
  • We seek to uphold and innovate best practices in sustainability, and I am pleased that our inaugural Corporate Responsibility Report highlights our commitment to being a leader in ESG, as well as our performance and accolades to date.
  • Further information on the companys ESG-related practices is available in the Responsibility section of the companys website, www.HudsonPacificProperties.com .
  • Hudson Pacific Properties is a real estate investment trust that owns and operates more than 17 million square feet of office and studio properties.


Hudson Pacific Properties, Inc. (NYSE: HPP) today announced the
release of its inaugural Corporate
Responsibility Report, highlighting environmental, social and
governance (ESG) initiatives and achievements for the 2018 calendar
year, including:

  • Receipt of the Green Star designation following an inaugural
    submission to the Global Real Estate Sustainability Benchmark (GRESB);
  • LEED Gold certification for office developments ICON and CUE, bringing
    total LEED certified buildings to 19 (2.8 million square feet),
    representing 24% of eligible office square footage, with 93% earning
    Gold or Platinum certification;
  • Receipt of the ENERGY STAR label for 47 buildings (8.4 million square
    feet), representing 71% of eligible office square footage, with more
    than half scoring in the top 10% for energy efficiency;
  • Advancement of 2025 environmental goals, including reducing energy
    consumption and associated costs, and greenhouse gas (GHG) emissions,
    all by 5%; and
  • Recognition as one of the Los Angeles Business Journal’s 2018 Best
    Places to Work.

Victor Coleman, Chairman and CEO of Hudson Pacific, said: “We believe
that environmental stewardship, social responsibility, and good
governance are integral to the operational and fiduciary excellence that
drives our business forward. We seek to uphold and innovate best
practices in sustainability, and I am pleased that our inaugural
Corporate Responsibility Report highlights our commitment to being a
leader in ESG, as well as our performance and accolades to date.”

Further information on the company’s ESG-related practices is available
in the Responsibility section of the company’s website, www.HudsonPacificProperties.com.

About Hudson Pacific Properties

Hudson Pacific Properties is a real estate investment trust that owns
and operates more than 17 million square feet of office and studio
properties. Focused on premier West Coast epicenters of innovation,
media and technology, its anchor tenants include Fortune 500 and leading
growth companies such as Netflix, Google, Square, Uber, NFL Enterprises
and more. Hudson Pacific is publicly traded on the NYSE under the symbol
HPP, and listed as a component of the Russell 2000® and the Russell
3000® indices. For more information visit HudsonPacificProperties.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the
meaning of the federal securities laws. Forward-looking statements
relate to expectations, beliefs, projections, future plans and
strategies, anticipated events or trends and similar expressions
concerning matters that are not historical facts. In some cases, you can
identify forward-looking statements by the use of forward-looking
terminology such as “may,” “will,” “should,” “expects,” “intends,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,” or
“potential” or the negative of these words and phrases or similar words
or phrases that are predictions of or indicate future events or trends
and that do not relate solely to historical matters. Forward-looking
statements involve known and unknown risks, uncertainties, assumptions
and contingencies, many of which are beyond the company’s control, which
may cause actual results to differ significantly from those expressed in
any forward-looking statement. All forward-looking statements reflect
the company’s good faith beliefs, assumptions and expectations, but they
are not guarantees of future performance. Furthermore, the company
disclaims any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying assumptions
or factors, of new information, data or methods, future events or other
changes. For a further discussion of these and other factors that could
cause the company’s future results to differ materially from any
forward-looking statements, see the section entitled “Risk Factors” in
the company’s Annual Report on Form 10-K filed with the Securities and
Exchange Commission, or SEC, and other risks described in documents
subsequently filed by the company from time to time with the SEC.

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