Commercial, Energy Efficiency, GHG Emissions - May 3, 2022
Neiman Marcus Upgrades Energy Efficiency
Neiman Marcus Group will decarbonize the luxury retailer’s footprint through renewable energy, electrification, energy efficiency and refrigerant management.
The company is implementing significant change through major climate commitments and upgrades at stores across the country and is working with Trane Technologies through its energy decarbonization roadmap.
The companies are expanding their collaboration to achieve emissions reductions in line with Neiman Marcus Group’s sustainability goals, beginning with a quantitative portfolio-wide analysis to strategically identify the facilities and initiatives that will deliver the most impactful outcomes for Neiman Marcus Group, shoppers, and shareholders.
The Neiman Marcus Group has committed to a 50% reduction in Scope 1 and 2 emissions across their real estate portfolio by 2025, in addition to pledging 100% renewable energy use by 2030.
The retailer’s flagship Bergdorf Goodman Women’s Store in New York City received an environmentally-friendly makeover, replacing its outdated HVAC equipment with two highly efficient chillers from Trane by using low global warming potential refrigerant and enabling the site’s elimination of natural gas use on April 22, 2022. The move will contribute to New York City’s goal of reaching net zero GHG emissions by 2050.
“A critical part of Neiman Marcus Group’s journey to revolutionize impact is developing meaningful ESG goals, specifically around climate change. Our partnership with Trane represents the significant investment we are making across the organization to achieve these goals and decarbonize our operations,” said Chris Demuth, SVP of People Services, ESG, & Belonging, Neiman Marcus Group, in a statement. “This electrification project has enabled us to improve the energy efficiency of this landmark building and transition it to renewable energy so that we can do our part to move New York City and the fashion industry toward a net-zero future by 2050.”
Trane is also completing decarbonization assessments at select Neiman Marcus stores, as well as energy-efficient improvements and upgrades to building automation systems, rooftop units, LED lighting, energy-conserving fixtures and indoor air quality technology at Neiman Marcus stores in Dallas; Austin; San Francisco; Troy, Michigan; Pinnacle Point, Texas; Sunrise, Florida, and more.
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