PLANO, TX - (Oct. 31, 2013) - JCPenney (NYSE: JCP) announced today that it has secured ENERGY STAR certifications in over 500 stores, one supply chain facility and its Home Office, far surpassing the Company's initial goal of having 400 locations certified by the end of 2013. The Environmental Protection Agency (EPA) awards ENERGY STAR certifications to buildings that rank within the top 25 percent of similar commercial buildings nationwide by meeting strict energy performance levels set by the EPA.
"We are very pleased to be recognized with the 2013 ENERGY STAR Sustained Excellence Award, an honor we've received five years in a row," said Katheryn Burchett, SVP of Property Development. "Our stores that proudly display the ENERGY STAR label generate fewer greenhouse emissions than non-certified structures, and each certified building saves the Company thousands of dollars in energy costs every year."
JCPenney has taken many steps to drive energy efficiency at the store level. Projects such as LED lighting retrofits in hundreds of locations, advanced metering technologies that track electricity usage and in-store energy management systems have all contributed to meaningful energy savings. Additionally, JCPenney has installed rooftop solar energy systems in 12 retail locations.
"JCPenney has long been a pioneer in corporate energy management, even becoming the first retailer to earn the ENERGY STAR for one of its stores in 2007," said Jean Lupinacci, chief of the ENERGY STAR program for commercial buildings and industrial plants. "Now, 500 ENERGY STAR certified stores later, JCPenney's long-standing commitment to protecting the environment can inspire us all to continue to save more energy, save more money and reduce more greenhouse gas emissions than the day before."
In addition to ENERGY STAR certification achievements, JCPenney has made remarkable strides in its 20 by 2015 initiative, which aims to reduce energy consumption by up to 20 percent per gross square foot by the year 2015. Within the first three years of the initiative, JCPenney has successfully reduced energy usage by nearly 17 percent, resulting in the reduction of scope 1 and scope 2 greenhouse gas emissions. This was reflected in the 2013 Carbon Disclosure Project climate change disclosure score of 76, which is a 17 percent improvement over the last reporting year.
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J. C. Penney Company, Inc. (NYSE: JCP), one of the nation's largest apparel and home furnishing retailers, is dedicated to becoming America's preferred retail destination for unmatched style, quality and value. Across 1,100 stores and at jcp.com, customers will discover an inspiring shopping environment that features the most sought after collection of private, national and exclusive brands and attractions. For more information, please visit jcp.com.
About ENERGY STAR:
ENERGY STAR was introduced by EPA in 1992 as a voluntary, market-based partnership to reduce greenhouse gas emissions and other pollutants associated with energy use. Today, the ENERGY STAR label can be found on more than 65 kinds of products as well as new homes and buildings. In 2012 alone, Americans saved $24 billion on their utility bills and prevented greenhouse gas emissions equal to those of 50 million vehicles with the help of Energy Star. Products, homes and buildings that have earned the ENERGY STAR prevent emissions by meeting strict energy-efficiency specifications set by the EPA. For more information, go to energystar.gov.