Efficiency Production to turn energy waste into guaranteed financial revenue at Hawaiian Airlines' Airport Center
Carbon Lighthouse, a clean energy company dedicated to stopping climate change, and Hawaiian Airlines, the world's premium leisure destination carrier, today announced a partnership to launch a two-month pilot focused on turning energy waste into guaranteed financial returns at the Hawaiian Airlines' Airport Center building.
Since purchasing the Airport Center out of an auction in 2016, Hawaiian has worked to better the building through several improvement projects. A third-party firm manages the 14-story, multi-tenant office building – located near Hawaiian's Koapaka Street corporate headquarters and the Daniel K. Inouye International Airport – and leases most of its 111,109 square footage to tenants, while Hawaiian uses a portion for office and meeting space.
Through Efficiency Production — Carbon Lighthouse's unique, data-driven process — the company will deploy dozens of sensors throughout Airport Center to collect thousands of original thermodynamic data points — from air and water temperature and flow rates in HVAC (Heating, ventilation, and air conditioning equipment), to lighting and occupancy. Supplementing this with utility, weather and other available data, Carbon Lighthouse will use its proprietary CLUES® software to model thousands of energy scenarios and optimize existing equipment and arrive at the most financially beneficial and eco-friendly solution for the building.
"As one of Hawai'i's most influential brands, Hawaiian Airlines is uniquely positioned to lead on value-driven carbon elimination," said Brenden Millstein, CEO and co-founder at Carbon Lighthouse. "We are honored to work with them to help tap the Efficiency Reserves hidden within Airport Center by turning energy waste into guaranteed financial and environmental value. This will advance our shared goal of building a strong and sustainable local community in the islands for generations to come."
In addition to reducing carbon emissions, Efficiency Production is expected to increase the overall value of Airport Center by improving the asset's net operating income. Carbon Lighthouse guarantees the real dollar value of its estimated energy savings by continuing to stay engaged with the property and its on-site teams and ensure the energy efficiency measures persist in the long term. This translates into sustained building financial value and increased tenant comfort.
The pilot project aligns with Hawaiian Airlines' longstanding commitment to corporate and social responsibility.
"As Hawaii's airline, we are headquartered in one of the most beautiful places on the planet, and so we are mindful of the impact that both our flying and ground operations have on the environment,'' said Mark Berg, managing director of corporate real estate for Hawaiian Airlines. "We are always looking for ways to minimize our carbon footprint, and we anticipate the Carbon Lighthouse pilot will provide us with an opportunity to contribute even further to a more sustainable Hawai'i."
Hawaiian has made a multibillion-dollar investment as part of its ongoing fleet modernization aimed at expanding its route network while limiting emissions. Its new Airbus A321neo fleet, for example, features the most fuel-efficient aircraft in its class, leading to 16 percent lower fuel burn and carbon emissions over previous generation aircraft. Hawaiian employs numerous fuel-reduction initiatives before, during and after each flight, including state-of-the-art dispatching technology, single-engine taxiing and the use of cleaner electricity over jet fuel to power parked aircraft.
In its offices, between 2016 and 2018, Hawaiian cut energy use by 5.6 percent by optimizing energy efficiency at its 120,000 square-foot Honolulu headquarters, using motion sensors and LED lighting, tinted windows and control valves to manage chilled water system energy consumption. The airline's new multimillion-dollar, 295,800 square-foot Charles I. Elliott Maintenance and Cargo Facility, combined with other airport initiatives, has led to significant energy savings.
Hawaiian Airlines joins a growing group of organizations, including A&B Properties, The Shidler Group, Elemental Excelerator, Ulupono Initiative and other local real estate investors who have been working with Carbon Lighthouse since 2016 to build a more sustainable and resilient Hawai'i through profit-driven carbon elimination.
ABOUT HAWAIIAN AIRLINES
Hawaiian Airlines® has led all U.S. carriers in on-time performance for each of the past 15 years (2004-2018) as reported by the U.S. Department of Transportation. Consumer surveys by Condé Nast Traveler, Travel + Leisure and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawai'i.
Now in its 90th year of continuous service, Hawaiian is Hawaii's biggest and longest-serving airline. Hawaiian offers nonstop service to Hawai'i from more U.S. gateway cities (12) than any other airline, along with service from Japan, South Korea, Australia, New Zealand, American Samoa and Tahiti. Hawaiian also provides, on average, more than 170 jet flights daily between the Hawaiian Islands, and over 260 daily flights system-wide.
Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA). Additional information is available at HawaiianAirlines.com. Follow Hawaiian's Twitter updates (@HawaiianAir), become a fan on Facebook (Hawaiian Airlines), and follow us on Instagram (hawaiianairlines). For career postings and updates, follow Hawaiian's LinkedIn page.
ABOUT CARBON LIGHTHOUSE
Carbon Lighthouse is on a mission to stop climate change by making it easy and profitable for building owners to eliminate carbon emissions caused by wasted energy. The company's unique approach to Efficiency Production goes deep into buildings to uncover and continuously correct hidden inefficiencies that add up to meaningful financial value and carbon elimination that lasts. Since 2010, commercial real estate, educational, hospitality and industrial customers nationwide have chosen Carbon Lighthouse to enhance building comfort, increase net operating income and achieve their sustainability goals.
Carbon Lighthouse is a former portfolio company of the Elemental Excelerator, a Hawai'i-based nonprofit that invests in companies to improve systems that impact people's lives in water, agriculture, transportation, and energy. In March 2018, Carbon Lighthouse received $3 million in strategic growth-round funding from Hawai'i-based Ulupono Initiative to help scale impact dramatically by growing engineering teams and advancing the CLUES® software to service more buildings faster. For more information, visit https://www.carbonlighthouse.com.