Greening the Lodging Industry

In 2023, Ascott reaffirmed its dedication to pioneering green certification in the serviced residence industry by adding 16 properties worldwide to its EDGE certified portfolio¹. Citadines Connect Fifth Avenue New York in the United States, Citadines Montparnasse Paris, and Citadines Islington London in Europe achieved EDGE Advanced certification².

Citadines Connect Fifth Avenue New York is the first Ascott property in the United States to achieve EDGE Advanced certification and is expected to reduce annual energy and water consumption by 46% (639,360 kWh/ year) and 20.5% (2,326 m³/year) respectively. It implemented various initiatives such as insulating the roof, ground, and walls to prevent heating and cooling loss, improvements to the cooling system's efficiency, as well as efficient water closets, faucets, and showerheads.

Citadines Montparnasse Paris is expected to achieve annual energy and water savings of 45.3% (267,360 kWh/year) and 49.3% (4,045 m³/year) respectively. Various initiatives were implemented, including the installation of energy saving light bulbs and lighting controls for corridors. Water-efficient features such as dual-flush toilets, efficient flush systems and auto shut-off faucets were also fitted.

Citadines Islington London is projected to achieve annual energy and water savings of 41.8% (418,720 kWh/year) and 28.2% (2,979 m³/year) respectively. Key features implemented include high-efficiency boilers, smart energy meters, low-flow showerheads and low-flow faucets in guest rooms. 

 

¹ In 2018, CLI’s wholly-owned lodging arm, The Ascott Limited (Ascott), signed a MoU with International Finance Corporation (IFC), a member of the World Bank Group, to pioneer a green certification for the serviced residence industry, as part of the IFC’s Excellence in Design for Greater Efficiencies (EDGE) programme.

² A building must achieve at least 40% predicted energy savings in addition to at least 20% predicted (or estimated) savings in water and embodied energy (or embodied carbon) in materials to qualify for EDGE Advanced certification. The savings are compared to the base case in the EDGE assessment tool.

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