Director of Energy Reduction and Sustainability

The JBG Companies (JBG) is a fully integrated investment, management and development company located in Chevy Chase, Maryland. JBG focuses on opportunities in high barrier-to-entry submarkets with measured downside and significant potential for value creation through entitlement, repositioning and marketing, vertical development and redevelopment, and capital structuring.

JBG's activities are focused in 3 broad business areas:

Investment Management: Since 1999, JBG has raised approximately $4.7 billion in fund capital and has made over 120 investments on behalf of its investment funds. During this same period, JBG affiliates sold or recapitalized assets representing a total value of approximately $5 billion. JBG's investors include endowment funds from leading universities, wealth managers, top-tier financial institutions' high-net-worth individuals, and JBG employees/owners.

Real Estate Development: JBG has vast experience in developing office, residential, grocery-anchored and urban retail, and hotels. JBG has developed, owned or managed over 30 million square feet of office space, 5.5 million square feet of retail space, 16,000 residential units, and 15 hotel properties totaling over 4,500 rooms. It is currently responsible for development/ redevelopment opportunities of approximately 8.15 million square feet of office space, 3 million square feet of retail space, 16,000 multifamily residential units, and 7,000 hotel rooms throughout the Washington Metropolitan Area.

Property Management: JBG currently manages 52 properties totaling over 9.5 million square feet of office space and over 6,500 residential units. The firm's retail affiliate, JBG Rosenfeld, currently manages over 4.4 million square feet of grocery-anchored and urban retail.

Position Overview:

JBG is hiring a full-time Director of Energy Reduction and Sustainability.  This person will oversee all aspects of the company's energy and sustainability strategy.

The Director will report to the heads of Development and Asset Management and will work closely with the commercial, residential and hotel asset management departments as well as JBG's various development teams. The Director will coordinate sustainability efforts throughout the company and will provide analysis, reports and services. The Director will also focus on implementing best practices for JBG's corporate office usage of energy and implementation of sustainability initiatives. 

Responsibilities: 

Energy and Sustainability Strategy Creation:

The Director will be responsible for creating, developing and implementing a company-wide energy and sustainability strategy, encompassing JBG's activities in property management, development, acquisitions and leasing.  Responsibilities include:

• Create a high-level sustainability strategy for the JBG organization in partnership with the Executive Committee, consisting of environmental, energy and financial goals on a 1 year, 5 year, and 10 year timeframe
• Identify the specific drivers for sustainability in collaboration with the development, acquisition, finance and asset management teams
• Design a due diligence checklist tool for use during the acquisition of new properties to identify opportunities to reduce operating expenses
• Assist acquisition team in underwriting potential operational savings
• Provide the Investment and Executive Committees with quarterly energy use and sustainability performance reviews
• Determine relevant financial and energy use metrics to evaluate the performance of the energy use reduction program
• Measure and benchmark JBG's performance on sustainability and energy reduction relative to competitive regional and national firms

Energy Management and Procurement:

The Director will be responsible for measuring, reporting, and reducing the company's energy and resource use.  The Director will manage JBG's energy procurement process and will provide strategic recommendations for energy efficiency and purchasing. Responsibilities include:

• Evaluate and disseminate best practices regarding energy efficiency among JBG's assets classes and divisions
• Stay abreast of the latest energy efficiency technologies and performance management best practices in the building industry and present new ideas to JBG when applicable
• Coordinate energy procurement process and negotiations
• Monitor energy use across JBG's commercial, residential, hotel and retail assets
• Model and forecast energy price and use scenarios
• Coordinate the preparation of annual energy use reduction plans for each division of the company, including acquisition, development and asset management
• Work with development teams on the incorporation of energy efficiency and renewable energy technologies (when applicable) into new development projects
• Develop pilot programs to increase energy performance, potentially including: retro-commissioning and energy performance auditing, energy performance valuation at acquisition, peak-load reduction, demand reduction via tenant controls, and ESCO services
• Green leasing
• Consult with development and asset management teams on achieving LEED and Energy Star ratings for properties
• Provide input to tenant plans for improvements to energy usage and sustainability.

Resource Management and Procurement:

The Director will measure and report the impact of all non-energy resources across JBG's portfolio (including water, waste management, chemical inventories, etc.), and will create specific reduction strategies.  The Director will also measure the financial and environmental impacts of reducing JBG's footprint across non-energy resources, by creating a helpful set of tools, resources, and best practices.  Responsibilities include:

• Assist property management and development teams in applying a portfolio-wide resource management plan and building property-specific goals
• Create tools for measuring, managing, and reducing resource use for water, waste, chemical use, and paper products across JBG's diverse asset classes
• Assist asset and portfolio managers in the development of quantitative models to measure the financial and environmental impact of resource efficiency
• Develop and maintain a database of preferred vendors, factoring in the willingness of vendors to further assist in JBG's sustainability goals
• Disseminate knowledge and best practices across development and property management teams

Government Incentives and Relations:

The Director will be responsible for monitoring federal, state and local sustainability policies and programs and will develop strategies to take advantage of those programs. Responsibilities include:

• Maintain up-to-date list of local, state and federal incentive and rebate programs
• Disseminate knowledge of incentive programs to development and asset management teams, including property-level management
• Guide the preparation of applications for energy efficiency incentives and rebates
• Track federal and state environmental directives and initiatives relating to energy efficiency and renewable energy in buildings
• Create development and asset management strategy vis-à-vis government tenants and provide regular reports on JBG's approach to government sustainability initiatives
• Develop and maintain working relationships with regulatory and public officials
• Develop and oversee energy efficiency investment guidelines and incentives programs

Marketing, Communications and External Relations:

The Director will work with JBG's marketing department and property management teams to develop content and material for JBG's energy efficiency and sustainability programs and investments.  Responsibilities include:

• Provide relevant content for marketing efforts around JBG properties
• Develop materials to promote tenant energy efficiency programs
• Represent JBG at relevant energy and sustainability workshops, conferences, summits and trade shows
• Develop internal communication tools, case studies, and best practice manuals.

Coordinate submission of documentation for third-party recognition programs

Qualifications: 

• 5 plus years of relevant experience including managing complex projects and working with teams
• Advanced degree or equivalent. MBA or degree in Real Estate, Sustainability, Economics, Public Policy or Finance preferred
• Prior experience in real estate development and finance; strong financial and entrepreneurial skills
• Experience with constructing and implementing sustainability strategies for corporations resulting in financial and environmental results.
• Familiarity with existing and emerging energy efficiency and sustainability technologies. LEED AP or experience with LEED and/or Energy Star certification systems preferred
• Knowledge of GSA acquisition process and/or government procurement processes preferred
• Ability to work independently and interact vertically and horizontally across the company
• Knowledge of real estate development fundamentals; including the pro-forma, design, financing, permitting, construction, and project management processes
• Must possess attention to detail, confidentiality, integrity, and the ability to maintain a high level of professionalism in a fast-paced dynamic environment
• Solid analytical and problem solving skills. Ability to think strategically, identify emerging issues, analyze potential impacts critically and translate research, ideals and insights into viable recommendations for action
• Excellent organizational and project management skills and the ability to manage multiple projects simultaneously. Strong written and oral communication skills

To Apply:

Please apply on-line.